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Fisker Automotive lays off some workers as government reworks loan

Work on the Fisker Nina family sedan has temporarily halted at the Fisker Automotive plant in Wilmington, Del., while the carmaker and the federal government hash out details of the company's $529 million Department of Energy loan. The interruption has resulted in the layoff of 26 people at its Delaware plant and a number of contract engineers at Fisker's Anaheim, Calif., headquarters. Fisker Automotive said some of the engineering-staff reductions in Anaheim were already planned to occur in between development of the Karma and the Nina.

Neiman Marcus Chevrolet Camaro convertible is gone in 3 minutes

Three minutes--that's all it took for Neiman Marcus to sell out 100 copies of the special edition Chevrolet Camaro convertible on Tuesday. Each buyer forked over $75,000 for their Camaro convertible, which will be built in SS trim and delivered next spring. The SS trim gets buyers the 6.2-liter V8.

Audi RS Q3 depreciates LESS than any other SUV

The Audi RS Q3 – the UK’s lowest depreciating SUV With more and more of us looking at acquiring our new cars on some sort of lease or PCP deal, one of the biggest factors in affordability is the residual price. That’s the price that used car price experts – like CAP – deem a car will be worth after a given period of time and mileage. So it’s good new that CAP have judged the Audi Q3 RS will retain 52 per cent of its value after 3 years/60,000.