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Fisker Automotive: The road less traveled for hybrids--in style

Fisker Automotive is taking a reverse approach to hybrids. Traditionally, green machines have been small fuel-sippers that hardly quicken the pulses of enthusiasts. Not so fast, says Henrik Fisker, CEO of the startup automaker and a designer who made his mark with eye-catching products at Aston Martin and BMW.

GM stops works on electric version of Opel Adam

Work has stopped on a planned electric version of the Opel Adam minicar due to high costs. The project had progressed to the development of a working car using technology from the upcoming Chevrolet Spark EV minicar. "It was a business decision," said Dieter Metz, Opel's chief engineer for the Adam.

Former Saab executives arrested in accounting-fraud probe

Three former Saab executives, including former CEO Jan-Aake Jonsson, were arrested Monday on suspicion of “grave attempts to complicate tax controls” during 2010 and 2011, according to a report from Bloomberg. The Swedish Economic Crime Authority's chief prosecutor, Olof Sahlgren, declined to give the names of the arrested, but Bloomberg confirmed in court documents that Jonsson, former chief financial officer Karl-Gustav Lindstroem and formal general counsel Kristina Geers were detained. “It's about accounting measures to complicate the control operations of the tax authority regarding the calculation of taxes and fees,” Sahlgren told Bloomberg.