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Fisker has potential buyers in line

VL Automotive and Chinese Investment Group Wanxiang are looking to buy troubled automotive manufacturer Fisker. Maker of the curvaceous Karma, Fisker has been cash-strapped for some time now due to what company insiders called an overly optimistic business plan that anticipated rapid sales growth. Tesla's success in the luxury/upscale electric vehicle industry hasn't helped Fisker's cause either.

Craigslist catch: 1986 Lotus Turbo Esprit

For the masochistic car enthusiast--and many of us here at AutoWeek count ourselves among that breed--nothing is sure to tantalize and frustrate quite as nicely as a Lotus. Not just any Lotus, mind you, but a peaky, force-fed, emissions-saddled 1986 Turbo Esprit. The example shown here, http://detroit.craigslist.org/okl/ctd/2318628863.html, appears to be a fine specimen of Giguaro's wedgy Brit, and the rear-quarter decals indicate that this is a late HCi model--high-compression plus Bosch fuel injection.

Michelin Challenge Design 2013 competition deadline next Friday

The Michelin Challenge Design 2013 competition deadline is fast approaching – you only have until 1 June to submit your designs. The theme of this year's competition is ‘HALF! Lightweight with a Passion', with entrants being asked to explore lightweight vehicle development by designing a family vehicle for four to six people.  The design has to adhere to consumers' safety and comfort needs as well as usability on current road infrastructure and production feasibility using modern technology, materials, powertrain solutions or manufacturing solutions.