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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.

Renault Pitches Affordable Self-Driving Technology

RENAULT is the latest company to dip its toe into the waters of self-driving car technology. Pitching its contribution as a way of combating tiredness and stress plus allowing drivers to multitask and let the car take the strain, the French firm is looking to 2020 as the year when its bold vision could become a reality. There is a catch though, as Renault’s vision of an autonomous driving future centres around the provision of ‘protected’ roads devoid of pedestrians or other hazards to make the reality of hands off driving possible.

Exhibition: Taxis of the World

The 'Taxis du Monde' exhibit recently held at the Paris Motor Show displayed a total of 40 taxis from 20 cities around the world, illustrating the evolution and diverse needs of the past, the present and even the future. Renault’s Type AG from 1913 is one historical example. One of the first Parisian taxis, it became known as the “Taxi of the Marne” after 1300 examples transported 6000 men to head off the German army in the first world war.