Spc-4920 on 2040-parts.com

Fisker Automotive lays off some workers as government reworks loan

Work on the Fisker Nina family sedan has temporarily halted at the Fisker Automotive plant in Wilmington, Del., while the carmaker and the federal government hash out details of the company's $529 million Department of Energy loan. The interruption has resulted in the layoff of 26 people at its Delaware plant and a number of contract engineers at Fisker's Anaheim, Calif., headquarters. Fisker Automotive said some of the engineering-staff reductions in Anaheim were already planned to occur in between development of the Karma and the Nina.

Maserati’s 50,000 sales target starting to look possible

22,500 sales so far in 2013 from Maserati, thanks to cars like the Ghibli (pictured) When Sergio Marchionne revealed in 2011 that he wanted Maserati sales to hit 50,000 a year by 2015, we were all very sceptical. After all, Maserati were only managing fewer than 6,000 sales a year at that time, so a target of 50,000 a year seemed mad. But it’s starting to look a distinct possibility.

Cadillac to auction first '14 CTS V-Sport to charity

General Motors said Wednesday that it will be donating the first production model of the 2014 Cadillac CTS V-Sport to the SAE Foundation. The car will then be auctioned at Barrett-Jackson later this year with the proceeds going to the foundation's science, technology, engineering and mathematics student programs. The CTS V-Sport, or as Cadillac officially spells it, Vsport, was revealed earlier this year at the New York Auto Show.