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EV car maker Aptera shuts down

Automotive startup company Aptera Motors, promoter of the weirdly styled, three-wheeled 2e electric car, shut down on Friday, saying it was out of money. The company said it was unable to raise funds from private investors that would have kept it going until it received a $150 million loan from the Department of Energy's Advance Technology Vehicle Manufacturing program. "This is a difficult time for everyone connected with our company because we have never been closer to realizing our vision," CEO Paul Wilbur said in a statement.

Porsche 991 GT3 Cup (2013): the new racer revealed

The first 991-generation to bear the GT3 name isn't a hardcore road car: it's the latest version of the world's most successful racing car. This is the Porsche 911 GT3 Cup car, a stripped-out racer that'll compete in a one-make racing series from 2013. It'll also spawn other racing versions of the rear-engined icon, and eventually track-day versions of the 991 too.

GM delays innovative new diesel truck engine

General Motors' deteriorating financial situation has caused the company to delay one of the most advanced engines that it has ever designed, a 4.5-liter diesel for light-duty trucks. "We have to make tough decisions right now," GM Powertrain spokeswoman Susan Garavaglia said. Truck enthusiasts were eagerly awaiting the engine, which would have started production next fall at GM's plant in Tonawanda, N.Y.