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Corvette 60th Anniversary to be celebrated at the Petersen

On June 30th, 1953, the first Corvette rolled off the assembly line in Flint, Michigan. Sixty years later and half a country away, the Petersen will honor America's fiberglass wonder within its halls on Wilshire Boulevard in Los Angeles, with a weekend of activities. On Friday, March 1st, Corvette fans will get to pose for photos next to Kirk Bennion, the designer of the latest C7 Corvette, as part of a gala dinner with a live auction, speakers like tuner legend Reeves Callaway, and Corvette-themed cocktails.

Henrik Fisker wants to buy back Fisker

The resignation of Henrik Fisker in March from the eponymous company he worked so hard to build in to a credible ‘Green’ car company precipitated the meltdown of Fisker, which now stands on the edge of bankruptcy over $171 million owed to the US government. But Henrik Fisker has a plan. He’s teamed up with Hong Kong billionaire Richard Li – a Fisker investor – to try and buy the US government debt and save Fisker from being crushed by bankruptcy.

UK car manufacturing hits six-year high in 2013

UK car manufacturing hits six-year high in 2013 The car market in Europe may have been a painful place in 2013, but that hasn’t stopped UK car manufacturing continuing to grow, with 2013 delivering a total of 1,509,762 cars – the highest total since 2007 and up 3.1 per cent on 2012. That impressive total is made up from a wide variety of car manufacturers, from the volume producers like Jaguar Land Rover, Nissan, Toyota and MINI to smaller sales volume from supercar makers Aston Martin. In fact the rate of growth and investment is so strong – moire than £2.5 billion in investment announcements in 2013 – that the Society of Motor Manufacturers and Traders (SMMT) are reporting that analysts believe the UK’s car manufacturing could break all-time records in the next four years.