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Fisker goes to China's Wanxiang

China's Wanxiang Group won an auction for Fisker Automotive Holdings Inc., the maker of luxury plug-in hybrid cars, with a $149.2 million bid, almost six times what Fisker was seeking when it filed for bankruptcy. Wanxiang topped Hybrid Tech Holdings during the auction, which began on Wednesday and went through 19 rounds of bidding, with an offer that includes $126.2 million in cash and $8 million in assumed liabilities, Fisker said Friday in a statement. U.S.

Kia readies 2015 K900 for luxury-sedan segment

Kia is getting closer to its entry into the full-size luxury category with the 2015 K900, which will go on sale in the first quarter of 2014. The K900 will arrive with two engine configurations. The most powerful is a 5.0-liter Tau V8 making 420 hp.

Vauxhall brings back the Viva! Baby Vaux revives old name

By Tim Pollard Motor Industry 01 September 2014 11:53 The Vauxhall Viva is back! Vauxhall and its continental sister Opel is poised to announce a new small car to slot beneath the Corsa and it’ll revive the historic Viva badge in the UK, CAR understands. The original Vauxhall Viva was popular in the UK through three generations - the HA, HB and HC series - up until its demise in 1979.