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GM repays Government loans – sort of

GM Loans repaid early - or are they? We can’t deny that GM are making a pretty good job of rising Phoenix-like from the ashes of their effective bankruptcy. A new focus on cars that are relevant for our times instead of a fixation with dated products and dated management has certainly helped.

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.

BMW 750 Hybrid will show at Frankfurt 2009

BMW 750 Hybrid will launch at the Frankfurt Motor Show in September 2009 [ad#ad-1] Hybrid cars are starting to make their presence felt in the market place, and even at the top end of luxury saloons the market is moving in that direction. Whether you buy in to the planet-saving ethos or not, it’s hard to argue against something that costs less to run and helps you be perceived as a caring, sharing conscientious member of society – even if you drive a huge great Merchant-Banker-mobile! Lexus have made inroads with their LS 600, and recently we reported that Mercedes has not just given the Mercedes S Class a mid-cycle refresh, but has announced the imminent launch of the Mercedes S400 Hybrid.