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How Fisker fell apart

At last week's politically charged congressional hearing on the troubles of Fisker Automotive, Rep. Jim Jordan, R-Ohio, said that the company had "no business acumen" and that "taxpayers have effectively subsidized luxury novelty vehicles for the likes of Justin Bieber, Leonardo DiCaprio and Al Gore." Ouch. Republicans eager to score points against President Obama had a field day last week with Fisker.

Infiniti plans to add new flagship sedan, expand crossovers

Nissan Motor Co.'s premium Infiniti marque plans to add a new top-tier halo nameplate above its Q70 flagship sedan and expand its crossover offerings to build the brand and fuel sales, President Johan de Nysschen said. The roll out is part of Infiniti's drive to cover 90 percent of all global premium segments by the end of the decade, compared to just under 60 percent today, de Nysschen said. De Nysschen also floated a bold new global sales target of 600,000 units by around 2020, from just 170,000 last year.

Chevrolet Aveo RS Concept revealed

The Chevrolet Aveo RS Concept will appear at the Detroit Motor Show It really does say something about the changing car landscape in the US that the reveal of a US hot hatch is something that people are sitting up and taking notice of. True, it may be badged a Chevy but this is a Daewoo Chevy, not a gas-guzzling big V8 Chevy. Still, never mind.