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Fisker, Energy Department face tough Congressional hearing on federal loans

Struggling Fisker Automotive took a bludgeoning Wednesday on Capitol Hill from top congressional Republicans who compared Fisker to failed automotive startups of the past and lambasted the Department of Energy for allowing the electric-car producer to draw down nearly $200 million in taxpayer-funded loans. House Oversight Chairman Darrell Issa, R-Calif., told Fisker founder Henrik Fisker that he will be remembered fondly for his design work for BMW and Aston Martin. But he compared Fisker to Malcolm Bricklin, John DeLorean and Preston Tucker -- three entrepreneurs known for their failed startup car companies.

Another Ayrton Senna Honda NSX for sale

Ayrton Senna’s Honda NSX (pictured) is expected to fetch £75-85k Ayrton Senna was arguably the greatest F1 driver of all time, and his death 20 years ago at Imola sent shock waves through the sport and deprived F1 fans of more years of Senna’s driving prowess. But driving F1 cars wasn’t the only thing Senna did; just like today’s F1 drivers he was also involved in road car development, and during his time with McLaren he was a part of Honda’s (engine suppliers at the time for McLaren) development of the original NSX. So any Honda NSX with a clear link to Senna can reasonably expect to be a desirable car for collectors and F1 fans to acquire, and the Honda NSX up for grabs at Silverstone Auctions’ sale next month has a very clear Senna link.

Road users wary of driverless cars

ROAD USERS will be wary of the introduction of driverless cars, motoring groups said today. The AA said Business Secretary Vince Cable was today expected to confirm that the first trials of driverless cars would start in January 2015. But AA president Edmund King said that a recent AA/ Populus survey of more than 23,000 AA members showed that 43% did not agree that UK legislation should be amended to even allow trials of the technology.