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Fisker seeks financial partner after "tough year"

After facing what could be charitably described as a terrible year, Fisker founder and Chairman Henrik Fisker admitted in a recent interview that his company is "actively engaged in conversations with potential strategic partners." Speaking with TheDetroitBureau.com, Fisker went on to say that he'd, "like to see if we can get something done next year."

XP Technology sues DOE over advanced vehicle loan rejection

The US Department of Energy has been sued in US court by a company that it denied a loan to in its Advanced Technology Vehicles Manufacturing program. San Francisco-based XP Technology is charging the DOE with "corruption and negligence" for the way it handled the approval for loan process.

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Nissan outlines Nismo's expansion and credentials

Nissan is reportedly working toward turning its Nismo arm into a legitimate sub-brand. According to TheDetroitBureau.com, the Japanese automaker plans to pattern its performance wing after Mercedes-Benz's AMG, which means that moving forward, every vehicle with a Nismo badge will also pack a sizable jump in performance. Engineers will work to s

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