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Fisker, Energy Department face tough Congressional hearing on federal loans

Struggling Fisker Automotive took a bludgeoning Wednesday on Capitol Hill from top congressional Republicans who compared Fisker to failed automotive startups of the past and lambasted the Department of Energy for allowing the electric-car producer to draw down nearly $200 million in taxpayer-funded loans. House Oversight Chairman Darrell Issa, R-Calif., told Fisker founder Henrik Fisker that he will be remembered fondly for his design work for BMW and Aston Martin. But he compared Fisker to Malcolm Bricklin, John DeLorean and Preston Tucker -- three entrepreneurs known for their failed startup car companies.

2015 Audi TT, TTS Coupe and Roadster revealed

The 2015 Audi TT and TTS Coupe and Roadster models debuted on Friday with a new optional competition package, optional carbon package and new standard features. Power will continue to come from two variations the company’s high-strung 2.0-liter TFSI turbocharged and direct injected engine. The TT RS will no longer be offered.

Mercedes C-class (2014) interior images and technology revealed

By Ollie Kew First Official Pictures 22 October 2013 18:00 This is the cabin of the new Mercedes C-class, which will go on sale in spring 2014. It’s aiming to out-drive and out-sell the BMW 3-series, new Audi A4, and Jaguar’s upcoming ‘XS’ sports saloon.Lots of design cues have been taken from the flagship S-class to create the simplified new C-class cabin, but there are still an awful lot of new features. They’re all bolted into a C-class that’s 100kg lighter than the outgoing model, and will boast, Mercedes claims, the lowest fuel consumption in its class.