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Fisker nets $528 million from Energy Department for hybrid development

Fisker Automotive is building its reputation on producing eco-friendly, luxurious cars. And today, the California company is a shade greener, thanks to the U.S. government.

Mitsubishi Evo X prices announced

By First Official Pictures 18 December 2007 18:07 Mitsubishi has just announced prices for the tenth evolution of its Lancer, and it will cost considerably more than its rival from Subaru. The cheapest Evo X will be £27,499, £2504 more than the Subaru Impreza WRX STi. But if you’re not in the market for the all-out, all-paw Lancer then fear not, because the base 1.5-litre front-wheel drive model will cost only £12,499, just £4 more than the equivalent Scooby.

Nissan teams up with Williams for sporty Nismo cars from 2014

Nissan’s performance car skunkworks arm Nismo (short for Nissan Motorsports) has agreed a deal with Williams Advanced Engineering to co-develop faster versions of Nissan’s road cars from 2014. It doesn’t mean the Williams F1 team will be developing the forthcoming Nismo version of the GT-R, but the Formula One team and Williams Advanced Engineering are part of the same group founded by Sir Frank Williams. Sir Frank said: ‘Williams Advanced Engineering has a history of developing world class, high-performance products and this agreement is particularly exciting because of the ambition and potential of the Nismo brand.