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Henrik Fisker leaves his eponymous company

Henrik Fisker, co-founder of Fisker Automotive, has resigned from the company as Fisker seeks funding to move forward. But Henrik Fisker managed to convince the car world his Fisker Karma was credible, even if its gestation has been plagued by problems,  the latest of which has been the demise of its battery supplier – A123 Systems – and the wrecking of a dock full of seemingly uninsured Karmas by Hurricane Sandy. The current problems at Fisker has seen them seeking a new investor, with two Chinese companies – Geely and Dohnfeng – vying to take a majority stake in Fisker Automotive and help Fisker recover sales of the Karma and move on with Project Nina, the smaller Fisker Atlantic.

Porsche approves the Cajun, a junior 4x4

Porsche's supervisory board today confirmed it would build the Cajun, a junior SUV to slot beneath the Cayenne in its range. The announcement from Stuttgart confirmed the 'working name' Cajun and said the new model would increase growth. Critics will surely say that the Cajun represents yet another move away from Porsche's sports car roots, but don't forget the effect that Cayenne sales have had on the company's balance sheets.

McLaren MP4-12C vs Ferrari 458 Italia: the video

McLaren vs Ferrari: F1's nastiest rivalry is spilling onto the road, and the new issue of CAR Magazine delivers the world's first deep dive comparing Woking's 12C with Maranello's sensational 458. It's the most anticipated supercar showdown for almost two decades, and it's only in CAR magazine (out 18 August). We've stripped the McLaren bare, to deliver a 15-page technical lowdown on the 12C.