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For Wanxiang, job one at Fisker is fixing roughly 250 bugs with the Karma luxury car before production can resume. After that, the goal is to launch a second model.
Do you believe in second chances? Chinese automotive group Wanxiang certainly does.
Gone But Not Forgotten
A lot went down in 2013. It was something of a banner year for the automotive business. Products continued to get better, sales steadily improved and alternative propulsion, whether in the form of electricity or diesel gained significant traction.
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.
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.
Hurricane Sandy gave the Eastern portion of the United States a what for last week, not to mention the Caribbean and points far beyond. Amid all the destruction and misery the automotive industry was impacted in a number of ways. In particular, the safety of electric cars has been brought up.
A lot full of Fisker Karmas was exposed to the full brunt of Hurricane Sandy’s force, and after the storm cleared, 16 of them had caught fire, and burned out completely.
Tesla and Fisker are essentially polar opposites right now, despite both specializing in developing luxury electric vehicles for the automotive industry. Tesla CEO Elon Musk has never shied away from speaking his mind, and the bold CEO has been highly successful in developing his businesses.