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Fisker goes to China's Wanxiang

China's Wanxiang Group won an auction for Fisker Automotive Holdings Inc., the maker of luxury plug-in hybrid cars, with a $149.2 million bid, almost six times what Fisker was seeking when it filed for bankruptcy. Wanxiang topped Hybrid Tech Holdings during the auction, which began on Wednesday and went through 19 rounds of bidding, with an offer that includes $126.2 million in cash and $8 million in assumed liabilities, Fisker said Friday in a statement. U.S.

Dacia Lodgy MPV ice racer (2011) first official pictures

Strip away the ice-racing livery – this is being presented as Alain Prost's ice slider for the 2011-12 Trophee Andros – and this is the new Dacia Lodgy, as revealed in our artist's impression. That unusual name signifies the budget brand's new small MPV, which could come to the UK. We won't see the new Lodgy in roadgoing spec until spring 2012, but we hear it could join the Dacia Duster and Sandero when UK sales begin next year.

One Lap of the Web: Gilbern GT1800, Porsche 911 Targa and Corvette flybys

A picture of what might be the next Porsche 911 Targa leaked onto the Web Friday from Automoto.fr. The photos show a retro look on the removable-top cruiser, which sports a bigger B-pillar than the hardtop. Speculation is that the car could debut as early as next year's Geneva motor show.