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Most of Saleen sold to Michigan group
Wed, 04 Feb 2009The future of specialty carmaker Saleen Inc. is getting a little clearer: Most of the company was sold to a Michigan group last week after being on the block since November. An entity called MJ Acquisitions, which owns parts and engine companies in Michigan, bought Saleen’s performance street-car program, supercharger and aftermarket business from Los Angeles private-investment firm Hancock Park Associates.
Maserati Alfieri (2016) confirmed; five-fold sales increase wanted
Tue, 06 May 2014By Damion Smy Motor Industry 06 May 2014 18:08 Maserati boss Harald J Wester has confirmed that the Alfieri concept, shown at the 2014 Geneva motor show, will be built in both coupe and convertible forms. Following the announcement of Alfa Romeo’s plans, which see it share rear- and all-wheel drive platforms with Maserati, Wester confirmed production of Maserati’s Porsche 911 rival. The Alfieri will be offered in three guises, kicked off with a rear-drive entry-level model powered by a 410bhp V6, a mid-level 450bhp all-wheel drive version and a flagship 520bhp V6 all-wheel drive model.
Fisker Karma hybrids burn during superstorm Sandy
Wed, 31 Oct 2012Fisker Automotive Inc. is looking into a report that 16 of its Karma plug-in hybrids caught fire at a New Jersey port after being submerged in seawater during Hurricane Sandy. "There were no injuries, and none of the cars were being charged at the time," the company said in a statement.
