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Energy Department recovers $21 million from Fisker to pay back loans

The U.S. Department of Energy says it recovered $21 million in cash from struggling Fisker Automotive that will go toward repaying nearly $200 million in loans extended under a U.S. program to spur advanced vehicle development.

De Tomaso plans to unveil new Pantera

Following the unveiling of its new Pininfarina-designed Deauville at the Geneva motor show earlier this year, De Tomaso is planning to unveil a new Pantera at September's Frankfurt motor show. The new Pantera, arguably De Tomaso's best-known sports car, will maintain its traditional American Corvette V8 engine, producing over 600 horsepower. De Tomaso is hoping that sales of the Deauville crossover will contribute towards the development of a new 'primal concrete sledge'.

Coventry University MA Design Show 2007

Coventry University's MA Automotive Design Show, now in its fifteenth year, recently had its annual exhibition in Coventry's Transport Museum. Entitled 'InGenius', the exhibition presented work which covered a spectrum of vehicle concepts, including public transport systems. The projects were presented as scale models and digital animated presentations using CAD modeling tools.