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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.

2013 Volkswagen CC prices start at $31,070

Volkswagen announced that pricing for its 2013 CC sedan will begin at $31,070. That's about two grand more than the 2012 model. For 2013, the coupe-look sedan will offer six trim lines: two sport, two luxury, an R-Line and the 4Motion Executive.

More tech details of Rolls-Royce RR4’s V12

By Tim Pollard Motor Industry 23 March 2009 16:23 Rolls-Royce today confirmed a handful of new details for the ‘baby’ Rolls, codenamed RR4 and previewed in the 200EX concept car at the 2009 Geneva motor show. The RR4 will be powered by a unique Rolls 6.6-litre turbocharged V12, producing ‘upwards of 500bhp’, the company disclosed. Drive is sent through an eight-speed ZF automatic gearbox.