Velvet Drive Pinion Assembly 1017 on 2040-parts.com

Former Chevrolet Volt chief takes helm at Fisker

One of the key architects of the Chevrolet Volt is taking the helm of Fisker Automotive. Tony Posawatz, a veteran General Motors executive, has replaced former Chrysler CEO Tom LaSorda as chief executive of Fisker. LaSorda had just taken over as CEO in February, after joining the company in late 2011.

Nissan 370Z Hybrid in 2011?

Nissan appear to be working on a high-performance Nissan 370Z Hybrid for 2011 [ad#ad-1] It’s no secret that every car maker on the planet is looking at what will and won’t work with eco-cars. From initially starting out as little runarounds, Hybrid and electric cars are now finding their way in to every level of car. We’ve recently told you about the Mercedes S400 Hybrid, and only the other day about the BMW 750 Hybrid.

How Fisker fell apart

At last week's politically charged congressional hearing on the troubles of Fisker Automotive, Rep. Jim Jordan, R-Ohio, said that the company had "no business acumen" and that "taxpayers have effectively subsidized luxury novelty vehicles for the likes of Justin Bieber, Leonardo DiCaprio and Al Gore." Ouch. Republicans eager to score points against President Obama had a field day last week with Fisker.