Henrik Fisker leaves his eponymous company

Henrik Fisker, co-founder of Fisker Automotive, has resigned from the company as Fisker seeks funding to move forward. But Henrik Fisker managed to convince the car world his Fisker Karma was credible, even if its gestation has been plagued by problems,  the latest of which has been the demise of its battery supplier – A123 Systems – and the wrecking of a dock full of seemingly uninsured Karmas by Hurricane Sandy. The current problems at Fisker has seen them seeking a new investor, with two Chinese companies – Geely and Dohnfeng – vying to take a majority stake in Fisker Automotive and help Fisker recover sales of the Karma and move on with Project Nina, the smaller Fisker Atlantic.

Low-mile Corvette stunner one of many at Florida auction

Sometimes we have to wonder about the rationality of those who squirrel low-mileage cars away for decades. It leads us to ask, why? Why make so much of an investment in a car if its very intention is not to be driven?

BMW Concept 4-series Coupe (2012) first photos

BMW is overhauling the 3-series Coupe - it'll be replaced in 2013 by the new 4-series Coupe and Convertible, previewed in this remarkably production-ready concept car. Munich reserves the 'Concept' moniker for its show cars which are in reality showroom ready. So strip away the sexed-up exhausts, 20in wheels and other trinkets and what you're looking at here is the new 2013 BMW 4-series.