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Fisker Automotive lays off some workers as government reworks loan
Mon, 06 Feb 2012Work 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.
New Rolls Royce marks water speed records
Wed, 14 May 2014A POWERFUL land vehicle which pays homage to speed on water has been unveiled by Rolls-Royce. The car company showed off its limited-edition Waterspeed Phantom Drophead Coupe on the site of the original Bluebird Motor Company forever associated with the speed record-holding Campbell family. The site is now the Bluebird restaurant on the King's Road in west London, with the Bluebird company having funded Sir Malcolm Campbell's waterspeed record attempts.
Only one minivan in Chrysler's future, no subcompacts for U.S. market
Mon, 10 Oct 2011The Chrysler Group will offer just one minivan in the future--the Chrysler Town & Country--as part of a plan to end duplication in dealer showrooms and give each of its brands a strong and distinctive lineup. Under the plan, the Dodge Grand Caravan minivan and Dodge Avenger mid-sized sedan will be replaced by a single crossover in 2013, Chrysler CEO Sergio Marchionne told Automotive News. The Chrysler brand will get a replacement for the 200 sedan when the Avenger, its sibling, is replaced.