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Barrett-Jackson undergoes independent audit of 2008-09 auction results

Barrett-Jackson Auction Co. is opening the books on its 2008-09 auction season for an independent review by auditors from Deloitte & Touche. The auditors will examine Barrett-Jackson's auction practices, including its consignment process, bidder qualification procedures, adherence to contract sale terms and proper, timely and accurate payment to sellers.

Fisker battles problems as the Karma finally lurches toward launch

All Henrik Fisker wants is to build his plug-in hybrid cars and deliver them to customers--some of whom have been waiting three years since plunking down $5,000 deposits. Instead, he has been fending off criticisms aimed at his green-car company as shipments of his $103,000 Karma plug-in hybrid sedan have been delayed by cash flow troubles, regulatory snarls and a recall. But when a startup such as Fisker Automotive accepts a Department of Energy loan in a down economy, having the company tossed around like a political football comes with the territory.

Aston Martin Virage (2011) at 2011 Geneva motor show

This is the new Aston Martin Virage, a V12-engined GT to sit halfway between the DB9 and the DBS. It will be officially unveiled to the public, along with the Aston Martin Vantage S, at the 2011 Geneva motor show next week. Numbers are easy to understand, so let’s start with the figures produced by the 6.0-litre V12 shared between the trio: the DB9 has 470bhp and 442lb ft, the DBS 510bhp and 420lb ft, and the Virage sits neatly between the two with 490bhp and 420lb ft.