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How Fisker fell apart

At last week's politically charged congressional hearing on the troubles of Fisker Automotive, Rep. Jim Jordan, R-Ohio, said that the company had "no business acumen" and that "taxpayers have effectively subsidized luxury novelty vehicles for the likes of Justin Bieber, Leonardo DiCaprio and Al Gore." Ouch. Republicans eager to score points against President Obama had a field day last week with Fisker.

Chevrolet Camaro Convertible Concept: first official pictures

By Tim Pollard First Official Pictures 05 January 2007 12:10 Chevrolet Camaro Convertible: the lowdown GM will slide the covers off this Chevy Camaro Convertible at the Detroit Motor Show at the weekend - and this is one concept that'll definitely go into production. Last year's Camaro coupe has already been given the nod for sales in two years' time, and this soft-top will join the stable later in 2009. The size is identical to the coupe, but the - bright chromed - windscreen mounting is slightly different to accommodate the hood.

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.