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Wanxiang increases Fisker bid by $10m, hints at Delaware production

Just before a judicial hearing tomorrow on the fate of bankrupt Fisker Automotive, one of the two companies fighting over the company's remains, Wanxiang America Corp., said it is willing to increase its submitted bit by a cool $10 million in cash. Wanxiang is ready to bring its total starting bid to $35.7 million and said it is willing to pay 'co

TRANSLOGIC's Guide To NAIAS 2013

This year's North American International Auto Show in Detroit was marked by optimism. The industry is coming off a successful year, selling roughly 14.5 million units, and 2013 looks to be even better. And there's no place to better to show off the bright future of the automobile than under the bright lights in Detroit. Here are some of our favorites:

Detroit
Bob Lutz brings Destino, a ZR1-powered Karma, to Detroit

There's nothing wrong with the Fisker Karma that a honkin' American V8 engine won't fix. At least according to Bob Lutz, it seems. Called the VL Automotive Destino, this machine is the brainchild of industrialist Gilbert Villereal and the aforementioned Lutz, and is intended to compete with such well-regarded performance sedans as the Porsche Panamera