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Henrik Fisker resigns from Fisker Automotive

Henrik Fisker, founder and executive chairman of struggling plug-in hybrid vehicle maker Fisker Automotive, has resigned. In an email today to Automotive News, Henrik Fisker, referring to himself in the third person, said: "The main reasons for his resignation are several major disagreements that Henrik Fisker has with the Fisker Automotive executive management on the business strategy." Fisker confirmed his resignation in a phone interview and declined to comment further. Tony Posawatz, who became president and CEO of the company in August, said this morning that he had just been made aware of the resignation.

Gumpert Insolvent

German supercar maker Gumpert has filed for insolvency after a foray in to China failed to realise the expected sales. We’re beginning to wonder if the only garden shed supercar makers actually able to make a go of things are British? Gumpert – German maker of extreme supercars – has instigated insolvency proceedings after its plan to make the newly wealthy Chinese fall in love with its bonkers cars floundered.

Chevrolet Corvette gets Centennial Edition package for 2012

Chevrolet marks the brand's 100th anniversary and its racing heritage with a Centennial Edition trim package for the 2012 Corvette. The package will be available on all Corvette models, from the base coupe to the ZR1 supercar. Chevrolet is auctioning off a 2012 Corvette Z06 with the Centennial Edition package on April 9 at the Barrett-Jackson auction in West Palm Beach, Fla.