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Henrik Fisker resigns from Fisker Automotive

Henrik Fisker, founder and executive chairman of struggling plug-in hybrid vehicle maker Fisker Automotive, has resigned. In an email today to Automotive News, Henrik Fisker, referring to himself in the third person, said: "The main reasons for his resignation are several major disagreements that Henrik Fisker has with the Fisker Automotive executive management on the business strategy." Fisker confirmed his resignation in a phone interview and declined to comment further. Tony Posawatz, who became president and CEO of the company in August, said this morning that he had just been made aware of the resignation.

Spyker Saab deal back on?

Victor Muller of Spyker has submiited a revised offer to GM for Spyker All very sad, we have to say. But also a little odd. Our esteemed leader (it’s Christmas bonus time!) was having a conversation with a friend on Friday morning on this very subject.

Audi to reveal 230hp S1

Audi is expected to reveal a 230hp quattro S1 at the Geneva Motor Show in March. The hot version of its A1 city car will be powered by the turbocharged 2.0-litre engine used in the Audi S3, and come with four-wheel drive as standard. On Bing: see pictures of the Audi S1 Find out how much a used Audi A1 costs on Auto Trader An Audi spokesman would not confirm the rumours, although the S1 is believed to have been spotted undergoing tests in Sweden.