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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.

Elon Musk to appear in an episode of The Simpsons

By Tim Pollard Motoring Issues 31 July 2014 09:29 Tesla chief Elon Musk is to appear in popular TV animation The Simpsons, the show’s executive producer has revealed. In a tweet this week, Al Jean said Musk would be in the first of 11 episodes of the next series of The Simpsons, the long-running comedy now entering its 26th season. For a man who’s already founded internet payment facility Paypal, launched Tesla Motors and backing space exploration firm SpaceX, an appearance on The Simpsons is probably just another day in the office for Musk.

Who's Where: Chrysler's new Design VPs

Following the recent acquisition of a majority stake in the Chrysler Group by Cerburus comes the announcement that there will be a reshuffling at Chrysler's North American design offices.  Joseph Dehner and Brandon Faurote will be taking over Vice President positions at the product design offices in Auburn Hills, replacing Thomas Tremont and David McKinnon. Joseph Dehner will be replacing David McKinnon as Vice President for Small, Premium and Family Vehicle Design on June 1, 2007, moving up from his position as Director of Truck Exterior and Interior Design.