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Volkswagen 'will build the XL1' - Piech
Thu, 27 Jan 2011Volkswagen will build the radical 313mpg XL1 eco cigar in 2013, Ferdinand Piech revealed at the Qatar motor show. In an interview with Automotive News, the VW chairman said: 'We want to go into series production with this car starting in 2013.' He insisted it would go on sale to real people, not just as media demonstrators. And VW chief exec Martin Winterkorn added the XL1 would be sold in Europe first, then be rolled into the US and Chinese car markets.
Fisker to face Congressional committee probe
Wed, 24 Apr 2013Henrik Fisker's congressional testimony on Wednesday before the House Oversight and Government Reform Committee will paint the automaker he founded as a victim of "a confluence of events" and as a still-salvageable enterprise. Fisker, who resigned from Fisker Automotive on March 13, is among the automaker and government representatives scheduled to appear before Congress to answer questions regarding $193 million in Department of Energy loans made to the company. Fisker Automotive has appeared to be on the brink of filing for bankruptcy for the past few weeks.
Hyundai Veloster Turbo arrives at Detroit
Mon, 09 Jan 2012Hyundai Veloster Turbo - US spec arrives at Detroit The Hyundai Veloster Turbo has debuted at the Detroit Auto Show with more aggressive looks and 201hp from its 1.6 litre Turbo. The Hyundai Veloster Turbo that’s now arrived at the Detroit Auto Show – after a small leak of Veloster Turbo pictures this morning – may not be exactly the same as the Veloster Turbo we’ll get in the UK (more on that in a moment), but it’s close enough to give us a good idea of what the Turbo will add to the Veloster equation. We already like that the Veloster has character, and we very much like that the Veloster Turbo gets enough power to match its looks.