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Fisker Automotive begins hiring blitz

Fisker Automotive will hire 120 workers in the coming months to staff the former General Motors factory in Wilmington, Del., that will build Fisker's next plug-in hybrid sedan, due in 2013. Code-named Project Nina, the future car will join the plug-in Karma sedan in Fisker's lineup as the company expands its portfolio of premium hybrid cars. The Karma is launching this year, and production of the future sedan--expected to be priced at about $39,000 after government incentives--would begin late next year.

Chrysler, Nissan, GM set pace as industry's September volume advances 10 percent

UPDATED--U.S. auto sales--helped by big gains at Chrysler, Nissan and General Motors--overcame widespread economic jitters to rise 10 percent in September, raising hopes the industry's recovery will accelerate in coming months. It was the biggest increase in light vehicle sales since April, when surging gas prices and Japan's earthquake started to put a dent in demand.

Volvo to skip Tokyo Motor Show

Volvo, the Swedish unit of Ford Motor Co., will not participate in the Tokyo Motor Show this fall. "We have evaluated our participation at motor shows for 2009 to see how we can make the most out of our resources, and this year we decided not to participate at Tokyo," Volvo spokeswoman Maria Bohlin said today in an e-mail. Ford Motor Co.