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Mitsubishi Lancer Evolution not dead, yet

Perhaps as a reward to the public for buying its Mirage,* Mitsubishi has disclosed that it will not, in fact, kill off the gravel road-loving Lancer Evolution as soon as we thought. According to Mitsubishi, the Lancer Evolution will -- at the very least -- live out the 2015 model year, with North American-spec cars going into production this July. We're fairly sure it's not going to be a hybrid, either.

Formula E HQ set for Donington

THE NEW global all-electric racing car series Formula E is to have its headquarters at England’s Donington Park circuit. Construction of the multi-million pound facility has started, with a view to making the facility the home of testing and development for the series’ battery-powered cars. There will be ‘state-of-the-art’ facilities for all 10 Formula E teams as well as workshops, offices and stores.

Henrik Fisker launches new luxury sports car company

Henrik Fisker and Bernhard Koehler have announced the opening of a new luxury car company, Fisker Coachbuild, based in Southern California to appeal to the global market. The focus of the company will be on designing and manufacturing exclusive high-end sports cars, which will be limited to 150 units per design and sold under the Fisker brand name, with world-wide distribution. The first public unveiling of the new designs will be scheduled towards the end of 2005, with production to commence during the second quarter 2006.