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Energy Department recovers $21 million from Fisker to pay back loans

The U.S. Department of Energy says it recovered $21 million in cash from struggling Fisker Automotive that will go toward repaying nearly $200 million in loans extended under a U.S. program to spur advanced vehicle development.

Cash-for-guzzlers funds will run out before Nov. 1, dealer group warns

The cash-for-guzzlers program will run out of its $1 billion funding "well before" its Nov. 1 expiration date, a spokesman for the National Automobile Dealers Association said Thursday, after the government said dealers have already applied for 10 percent of the funds. As of 4 p.m.

Vauxhall Adam S (2014) first official pictures

By Ollie Kew First Official Pictures 03 March 2014 13:00 This is the new Vauxhall Adam S, or at least, a ‘close-to-production’ version of it. So, add a tax disc and some mints in the glovebox and it’s good to go. At last, Vauxhall has injected some power into the Adam mix, and equipped it with higher-performance brakes and chassis settings to match.