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Henrik Fisker launches new luxury sports car company

Henrik Fisker and Bernhard Koehler have announced the opening of a new luxury car company, Fisker Coachbuild, based in Southern California to appeal to the global market. The focus of the company will be on designing and manufacturing exclusive high-end sports cars, which will be limited to 150 units per design and sold under the Fisker brand name, with world-wide distribution. The first public unveiling of the new designs will be scheduled towards the end of 2005, with production to commence during the second quarter 2006.

BMW 3 Series GT Confirmed

A BMW 3 Series GT looks set to be launched with the next generation 3 Series It’s not going to be too hard to imagine how the 3 Series GT will look – think 5 Series GT on a boil wash. But BMW think there is money to be made with the GT concept, and are looking to take on the likes of the Audi A4 Avant and the Audi Q3. But don’t they already have that in the new BMW X1 and the 3 Series Estate?

WINTER BREAKDOWN EXPENSE FOR USED CAR OWNERS

SOME VEHICLE components are nearly three times as likely to fail during the winter months as in the summer leading to potentially expensive repairs for the owners of older vehicles, according to Warranty Direct. The specialist insurer and warranty provider analysed 50,000 live automotive policies and found that ignition coils are 283 per cent more likely to fail between December and February than between June and August. Fuel injection pumps, thermostats and a number of electrical components are also more likely to suffer in the cold leading to an average winter repair bill of £408.60, the company has warned.