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Fisker gets funding for Karma & NINA

The Fisker Karma - should move to market quickly with new funding But late yesterday the DOE in the US approved loans to Fisker of $528 million (around £323 million). That should help. The loan is aiming to secure production of a plug-in hybrid in the US, which probably means the lower cost car Fisker has been talking about for some time.

Underground Racing Lamborghini cracks 250 mph--watch the video

Earlier this year, we told you about Underground Racing, a shop in Charlotte, N.C., that makes a business out of upgrading Lamborghinis with twin turbochargers to boost engine output to more than 1,000 hp. Now, a Lamborghini Gallardo Superleggera upfitted by Underground Racing cracked the 250-mph mark at the Texas Mile event. Car owner Richard Holt made the 250.1-mph run in late March, but video was posted just this week.

Land Rover's green blitz

By Phil McNamara Motoring Issues 30 July 2006 11:25 Land Rover is slapping a green tax on sales of its 4x4s, which will build up millions to be invested in global ecological schemes like wind farms and Indian cooking stoves that use renewable fuels. Customers will pay between £85 and £165 on top of their 4x4's list price. The tax is optional, but Land Rover vows most punters will happily pay up to become carbon neutral.