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Henrik Fisker launches new luxury sports car company

Henrik Fisker and Bernhard Koehler have announced the opening of a new luxury car company, Fisker Coachbuild, based in Southern California to appeal to the global market. The focus of the company will be on designing and manufacturing exclusive high-end sports cars, which will be limited to 150 units per design and sold under the Fisker brand name, with world-wide distribution. The first public unveiling of the new designs will be scheduled towards the end of 2005, with production to commence during the second quarter 2006.

Rethinking Scion: Quirky goes mainstream so brand adapts with a sporty coupe, hip music

If Toyota's Scion youth brand had stuck to its original premise, the third generation of the boxy xB would be rolling into showrooms today. As envisioned by Toyota, Scion products would be quirky, uber-cool and not around long enough to get stale. Its first-edition products were replaced after just four years.

Autoweek in review: Sergio Pininfarina dies; ZL1 and GT500 hit the drag strip

The automotive world lost one of its most influential figures this week. Sergio Pininfarina, longtime chairman of his family's Italian design firm, died on July 2 after an undisclosed illness. He was 85 years old.