AutoGuide News Blog
The AutoGuide News Blog is your source for breaking stories from the auto industry. Delivering news immediately, the AutoGuide Blog is constantly updated with the latest information, photos and video from manufacturers, auto shows, the aftermarket and professional racing.
The U.S. Department of Energy recovered $21 million from Fisker Automotive, the floundering company behind the Karma plug-in hybrid luxury car.
Fisker recently announced that it was letting go of about 160 of its employees, and now those workers are firing back with a lawsuit against the company.
It sounds like American startup automaker Fisker is near extinction, as it is being reported that the company has laid off as many as 160 workers.
10. (TIE) 3-Series Hybrid, Mercedes E400 Hybrid, Infiniti M35h, Buick LaCrosse/Regal eAssist: 29 mpg
Who is to say that luxury car buyers aren’t affected by high gas prices? If you want to drive in comfort, style, and have the latest high tech goodies in a car, you shouldn’t have to pay more at the pump for it. Here are our picks for the top 10 most fuel friendly luxury cars, ranked in order of their combined city/highway mpg numbers.
Quite a few luxury cars hit the 29 mpg mark combined. The most impressive of the bunch is the Buick LaCrosse, which manage to get solid fuel economy, despite its bigger size. The Infiniti, Mercedes and BMW vehicles make do with a high-power pairing of a six-cylinder engine and an electric motor, which gives the end result of over 300-hp.
The Buicks use a mild hybrid system called eAssist which pairs a 2.4L four-cylinder engine with a conventional automatic, and a compact lithium ion battery to get its impressive fuel economy numbers.
It’s no secret Fisker Automotive is in trouble. The maker of premium electric cars is clinging to life by its fingernails. One more setback could send them plummeting into the fiery abyss of financial ruin. Still, even if they roll snake eyes the firm’s founder has more than a few thoughts on what future transportation will be like.
Wanxiang Group’s purchase of A123 Systems Inc. has been approved by the U.S. government, despite concerns of sensitive technology being transferred to China.
Bankrupt battery manufacturer A123 Systems expects its sale to Chinese firm Wangxiang to be complete in a little over a week.
A year riddled with controversy for electric cars is winding down, but not without at least one more flare up — Chinese firm Wanxiang Group won the bidding war for A123 Systems.