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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.

German enthusiasts name TechArt GrandGT the 'Sports Car of the Year'

For the fourth year in a row, readers of German car magazine Auto Bild have selected the TechArt GrandGT as "Sports Car of the Year" in the sedan-tuning category. The GrandGT, from TechArt Automobilidesign GmbH, is based on the Porsche Panamera Turbo and packs 630 hp and 650 lb-ft of torque. The additional power comes from upgraded turbochargers, sport air filters and a tuned engine-management system.

Mazda 2 facelift (2010) first picture

While it's not the best supermini out there (Ford's excellent Fiesta currently occupies that throne in CAR's world view), we've always had something of a soft spot for the second-generation Mazda 2, the principal reason being its non-subscription to the usual theory that bigger is better. Weighing in at under a tonne, it's almost a throwback to superminis of yore - and we mean that in a good way.Thankfully the new Mazda 2 doesn't appear to have changed much. The front end has received attention from the stylist's pen in order to bring it in line with Mazda's current line-up, and features new headlamps alongside a layered grille.