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Fisker tells its staff that four companies are interested in buying it

Fisker is nearing bankruptcy, but there might be a light at the end of the long, dark tunnel it's been traveling in for the past few months. Four companies have shown an interest in buying the troubled brand, according to comments made during a meeting by founder Henrik Fisker. "We still have some time to get other offers on Fisker. We do have four car companies that have signed NDAs," the executive said during what's described as an "all-hands meeting" for staff members held earlier this month. "However, they obviously need time to get some diligence." Business Insider, who reported the comments, adds that Fisker didn't reveal the identity of the four companies. He specified that they're car companies, but that's a vague term that could refer to anything from a small startup with shady backing to a major group that's been around for over a century. Similarly, there's no word on how long it will take for these companies to decide whether to make an offer on Fisker. In spite of its setbacks, including damning reviews of the only model it has managed to bring to production, a National Highway Traffic Safety Administration (NHTSA) probe, and reports of thousands of canceled orders, Fisker seemingly remains fairly attractive to investors. Nissan briefly considered buying the carmaker earlier in 2024 but the talks ended without a deal, according to an earlier report. Deutsche Bank is helping Fisker look for takeover candidates, and the company has already turned down one offer that wasn't "sufficient," its CEO said. Fisker hasn't commented on the report. Meanwhile, industry trade journal Automotive News (subscription only) reports Henrik Fisker has listed his personal home — an 11,800-square-foot mansion in Hollywood Hills — for sale at $35 million, though you can also rent it for $125,000 per month. The publication notes $35 million is more than Fisker's market cap, which stood at $33.7 million when it was delisted from the New York Stock Exchange.  

Bugatti Chiron successor prototype spotted in full profile under camo

When Bugatti teased the new V16 that will go into the successor to the Chiron, the early word was that the new coupe would still be recognizable as a Bugatti. We have Top Gear to thank for proof, the magazine scoring an image of a prototype and posting it to X. The design trademarks are there — low nose rising to hug the front wheels, the C graphic along the side, thin light bar stretched across the rear, and a whopping deployable wing. Looks like the new monocoque underneath has been lowered and stretched compared to the current car, though. The front overhang is longer, the curve of the C has been pulled back like a bow string at the top, and there's a noticeably larger span of sheetmetal between the diagonal of the C and the rear wheel arch. Also, that C design element cuts higher through the side of the car, about two-thirds of the way down the door instead of just above the rocker panel. And it's tough to make out details through the camo, but the doors have new lines, too.  This is your first look at BugattiÂ’s V16-engined successor to the Chiron. WeÂ’ve got hold of a spy shot of BugattiÂ’s next hypercar, and it looksÂ… colourful -> https://t.co/swGT4wu3St pic.twitter.com/RMmfcJkp6c — Top Gear (@BBC_TopGear) April 26, 2024 In back, the current horizontal line of a taillight is curved in two dimensions to follow the coupe's rear edge. The latter third of the car gives us Super Sport vibes, the standard Chiron variant that channeled the Super Sport 300+ created to hit 300 miles per hour, especially in the rear diffuser area.           View this post on Instagram                       A post shared by Car Design World (@cardesignworld) Part of the extra length could be about fitting the new hybrid and quad-turbocharged V16 powertrain. The Chiron's yet-unnamed successor will use a plug-in hybrid system, Rimac-Bugatti previously describing the power unit as "heavily electrified." This suggests (though nothing is official) that the model will be capable of running on electricity alone for relatively short distances. If other super sports cars are useful indicators, all-electric running might last no longer than ten kilometers or so. Rumors about that the ICE portion is an 8.3-liter unit developed with the help of Cosworth, aided by three electric motors that make 335 horsepower apiece. That suggests not only appreciably more horsepower than the 1,578 in the Chiron, but all-wheel drive.

Scrapyard Gem: 2008 Alfa Romeo Spider 2.2 JTS

Alfa Romeo departed our shores after the final 164s and Spider Veloces were sold here as 1995 models, then returned for the 2015 model year with the 4C. Thanks to its position in the mighty Stellantis Empire, the current American-market Alfa Romeo lineup looks quite a bit like the Italian-market one, but we missed out on some interesting machinery during our Alfa-deprived 1996-2014 period. One of those cars was the 2006-2010 Spider, and I found a discarded example in an Italian/French specialty breaker's yard near Leeds, England during a recent trip. Sherburn Motor Spares is located in Sherburn-in-Elmet, on the former site of the factory where Fairey Swordfish torpedo bombers were built during World War II. They specialize in Italian and French cars, which means the place overflows with vehicles we didn't get on our side of the Atlantic. I've written about a 1999 Alfa Romeo 166 and a 2009 Alfa Romeo Brera S that reside there, and now it's the turn of the Brera's convertible sibling. I couldn't resist buying this stunning "International Van of the Year 2008" emblem from a Citroen Dispatch at Sherburn Motor Spares; it now lives on the door of the breaker box in my garage. GBP3 well spent! "Spider" is a term originally applied to an arachnid-ish horse-drawn carriage and is applicable to any convertible-top automobile today, but Alfa Romeo didn't hesitate to use it as a model name in its own right when it came time to built a sporty convertible on a platform originally devised by Saab for use beneath GM and Fiat machinery. As it turned out, the only production cars using that platform ended up being Alfa Romeos. Giorgetto Giugiaro handled the design of the Brera coupe, while Pininfarina did both the styling and assembly of the Spider. As you'd expect, reviewers thought both cars looked great. Just over 12,000 2006-2010 Spiders were built. The U.K.-market Spider was available with front- or all-wheel-drive and a choice of three petrol and two diesel engines (yes, a diesel Alfa Spider!). This car has the base 2.2-liter JTS straight-four petrol engine, which was a direct-injected unit based on GM's Ecotec engine block. Output was 182 horsepower and 170 pound-feet. This one had donated some body parts by the time I arrived on a freezing Yorkshire morning, but it appears to have been in reasonably good condition upon arrival.

Junkyard Gem: 2006 Hummer H3 SUV

After General Motors bought the rights to the Hummer brand from AM General in 1999, it continued to sell the civilianized versions of the military HMMWV that was made famous after appearing in the heavily televised Operation Desert Storm. The Hummer H1 (as it became known) never sold in large numbers, but The General decided to make everyman Hummers based on existing GM truck platforms. The Silverado-based H2 came first, debuting as a 2003 model, followed by the Colorado-based H3 as a 2006 model. Here's one of those first-year H3s, found in a Denver self-service car graveyard recently. Now it's time for some Hummer brand history. After the American Motors Corporation bought Kaiser Jeep in 1970, it spun off the fleet and military parts of that operation into a new company called AM General. The best-known AM General products for many years were the Jeep DJ Dispatchers, generally called "Mail Jeeps," and they were sold all the way through 1984. 1984 was also the year that the United States Army put the first AM General-built High Mobility Multipurpose Wheeled Vehicles (HMMWV, which soldiers pronounced "Humvee" at first but eventually adopted the "Hummer" nickname). Around the same time, militarized VW-powered sand rails were being purchased from Chenowth by Uncle Sam. After Arnold Schwarzenegger convinced AM General to build civilianized Hummers, sales of the not-so-civilized brute that became the H1 began in 1992. The H2 and H3 had the misfortune to be launched just before the Great Recession hit and fuel prices went crazy, while a couple of overseas conflicts that were much less popular than Gulf War I made grim headlines and reduced the street appeal of combat-inspired civilian wheels. The H1 got the axe in 2006; GM tried and failed to sell the Hummer brand to a Chinese manufacturer in 2010, as it struggled through Chapter 11 bankruptcy, finally giving up and killing the brand alongside Pontiac, Saturn and Saab. Then the Hummer name was revived in 2022 as an electron-fueled GMC model, and you can buy a 2024 GMC Hummer EV SUV right now (though GMC's website warns of "LIMITED AVAILABILITY" in big red letters, so you might have a hard time actually taking delivery of one). The final 2010 H3s were built for Avis at Shreveport Operations, which itself shut down two years later.

Buick Electra-L, Electra-LT concepts lead the Wildcat to production

Buick loves the Beijing Motor Show, and why shouldn't it? Working with its local partner, SAIC, the brand seems to saves up so much mojo for April in Asia and shows up with stunning designs. Here are another two takes on the brand's latest sheet metal philosophy, penned by the SAIC-GM Pan Asia Technical Automotive Center and riding on GM's Ulitum platform, the Electra-L sedan and Electra-LT wagon concepts. The Electra-L could be seen as a production version of the Wildcat EV concept from 2022 (not the Wildcat from 1985) that launched Buick's new design language. All the major forms and curves are there, so too the turbine-style wheels, but the fastback roof's been stretched to create adequate headroom for a quartet. The edges of the front fascia have been redrawn to be less aggressive and form a canvas for illuminated ornamentation. The four-door stretches 198.3 inches long on a 118.1-inch wheelbase, meaning less than an inch difference in both dimensions between the Buick and the new BMW i5. Power comes from a single motor on the rear axle making 342 horsepower. A battery of unknown capacity is claimed to be good for a 435-mile range under China's CLTC test loop. The light-sensing glass roof hovers over a rectilinear instrument panel with a floating main display and a retractable 7-inch screen for the front passenger, four pressure-sensitive "zero-gravity" seats wrapped in an eco-friendly fabric, and rear quarters with a small inductive cooktop for enjoying tea in the custom tea set.  SAIC and Buick had less to say about the Electra-LT. Looking like the Allroad version of the Electra-L, it's got fender extensions framing the "titanium metal armor" wheel design, an air suspension that can lift the body by 1.6 inches, and that roof box to broadcast its light adventure credentials. Fitted with the same basic interior layout as the sedan, the wagon might add a third row; the description says its "eConnect smart cabin system supports 7-screen interaction." We're not sure if something got left out of the powertrain description, though, as the Electra-LT said to be powered by a 342-hp motor on the rear axle while also possessing "independent four-wheel drive."    Two years ago, Buick said it would introduce five all-new EVs in China by 2025. The sedan is rumored to be headed to the Chinese market next year, a production version perhaps ready by the time of the 2025 Auto Shanghai.

These are the slowest-selling new cars of 2024

While overall sales numbers are a solid indicator of an automaker’s success, another metric can show how well its new vehicles resonate with buyers on the ground. iSeeCars recently released a list of the fastest- and slowest-selling new car companies on the market, and a handful of brands appear to have some catching up to do. Lincoln landed the “top spot” among slow-selling brands, taking an average of 82.6 days to move inventory. Infiniti wasnÂ’t much better, at 79.8 days, and Buick came third with 79 days to sell.  Slowest-selling new cars of 2024 Lincoln: 82.6 days to sell Infiniti: 79.8 Buick: 79 Audi: 75.1 Ram: 69.7 Ford: 68.1 Dodge: 67.4 GMC: 66.6 Acura: 65.4 Lexus: 64.5 iSeeCars executive analyst Karl Brauer noted that the fastest-selling brands, which include Toyota, Alfa Romeo, and Cadillac, likely move inventory because they resonate with buyersÂ’ desire for value and a compelling product. The study also noted that seeing GMC, Ford, and Ram so low on the list likely indicates slowing truck sales, which comprise a significant portion of those brandsÂ’ numbers. ItÂ’s also possible that buyers are turned off by higher prices from those brands. Fast-selling new car brands also appeared on the used car list, where Honda, Lexus, and Toyota dominated. Unfortunately for Lincoln, it also made the slow-selling used list, between Maserati as the slowest and Alfa Romeo in third. iSeeCarsÂ’ analysis also examined EV and hybrid sales and found that hybrids tend to sell much faster than their electric counterparts. In March 2024, new hybrids took an average of 49.5 days to sell, while EVs took 70.6 days. That again brings us to the price and value arguments, where hybrids are significantly less expensive than EVs, though charging and range concerns also likely play a role. By the Numbers Green Buick Infiniti Lincoln Car Buying

2026 Genesis GV70 gets updated design and 27-inch display

Genesis is giving the GV70, one of its best-selling models, a round of mid-cycle updates for the 2026 model year. The SUV gets subtle exterior design changes largely centered around the front end and additional tech features in the cabin including a huge OLED screen. While the overall silhouette remains the same, several small design details set the updated GV70 apart from the model currently found in showrooms. The most obvious change is the grille, which now features a dual-weave mesh finish with bright accents. Genesis gave the headlights a new-look design, and it fitted the front bumper with a wider air dam as well as a bright piece of trim that mimics a skid plate. More subtle changes are found out back. Look closely, and you'll spot redesigned lights that now incorporate the turn signals. The rear-view camera and the camera that transmits footage to the digital center mirror live under the roof-mounted spoiler for a more streamlined look (and, presumably, better visibility), and the GV70 gains newly-designed 19-inch wheels with a Dark Hyper Silver finish and five split spokes. Buyers in some markets will be able to order a Sport package. It bundles a double-layer grille, bigger front air intakes, a dark-chrome-finished rear diffuser, and 21-inch wheels, among other features. Sport models also gain a flat-bottom steering wheel and orange stitching. The biggest change inside is positioned right in front of the driver. Genesis fused the digital instrument cluster and the infotainment system's display into a single, 27-inch OLED screen on the dashboard. It also redesigned the center console: the upper part houses touch-sensitive buttons and a volume knob, while the climate control system buttons get moved down and grouped into a separate touch-sensitive display. Genesis made no mention of mechanical updates; it simply noted that full specifications will be unveiled in the coming weeks. As of this writing, the GV70 comes standard with a 2.5-liter four-cylinder engine that's turbocharged to 300 horsepower and 311 pound-feet of torque. Next is a twin-turbocharged, 3.5-liter V6 rated at 375 horsepower and 391 pound-feet of torque. All-wheel drive comes standard with both engines. The updated Genesis GV70 will go on sale in South Korea in May 2024. There's no word on when the order book will open on the American market, but a company spokesperson confirmed to Autoblog that the model will go on sale in the United States for the 2026 model year.

Bentley previews another limited-edition W12-powered model

Bentley's Mulliner division renewed ties with its coachbuilding past when it unveiled a limited-edition roadster named Bacalar in 2020. The entire production run was quickly spoken for, showing that there's a demand for small-batch models, and the next car is around the corner. The preview images released by the British brand intentionally make it difficult to tell precisely what we're looking at. One shows what we think is a tonneau cover, which all but confirms the next low-volume Bentley is a convertible, and the other shows a back end with a ducktail-like spoiler and horizontal lights. The company also released a short preview video which suggests that there's some degree of resemblance linking the upcoming car to the Batur, which was unveiled in 2022 to preview a new design language. The front end features a similar look. Bentley's next limited-edition model View 3 Photos Are we looking at a topless Batur? It's not unfathomable, but nothing is official at this stage. If we are, designers seemingly gave the roadster a specific rear-end design. What's certain is that Mulliner again prepared a two-door sports car; this isn't an SUV or a sedan. Bentley's twin-turbocharged W12 engine hasn't reached the end of the line yet. Whatever we're looking at, it's powered by what the firm calls the most powerful version of the 12-cylinder. The last car to make this claim is the Batur, whose W12 developed 730 horsepower and 738 pound-feet of torque. It's unclear whether the Batur and the new car will share bragging rights or if the upcoming model will be even more powerful. Regardless, it'll be one of the last cars powered by the W12, according to Bentley. It's not the last, however; there's more coming. Production will be limited to 16 units globally, and each one will presumably come with a base price pegged above the seven-digit threshold before customization options enter the equation. Bentley will unveil the mysterious model on May 7, so more details should emerge soon. Related video: Our Bentley Continental GT First Edition is here | Behind the Wheel S01 // E05

Lancia concepts sweep Stellantis Drive for Design contest

Stellantis describes is annual Drive for Design contest as "an opportunity for high school students to win fabulous prizes while learning about exciting career opportunities in automotive design." Winners not only get gear like a Wacom MobileStudio Pro 16, they're eligible for summer internships in one of Stellantis' design studios. For the last two years of the contest, Rocco Morales won first prize — last year with his Ram Stadion concept, and in 2022 with his Chrysler Helios concept — and that was after coming second in 2021 with his Jeep Crazy Horse concept. With Morales having graduated, aging out of the entry pool, Rohan Sieber could be the next in the repeat winner's circle. Sieber, a junior in Portola, California, won the 2024 Drive for Design challenge. Students were asked to create a fresh concept for any of Stellantis' global brands. Everyone who made the podium chose to create a fictional Lancia. Sieber's entry is the Lancia Zero, "an electric sports car concept inspired by Lancia's legacy of radical design and legendary performance" that reworks the philosophy of the Stratos HF Zero. A junior this year, Sieber has a chance to replicate Morales' record if he enters and wins next year. Second place went to Ryan Panizzoli, a sophomore out of Plymouth, Michigan. The single image provided doesn't put a name to his Lancia creation, but tiny captions indicate a slide-out module in the rear that contains a cooking station.   Owen Bronson of Canton, Michigan claimed third place with this Lancia Pugnale concept, explicitly called a "modern interpretation of the 1970 Lancia Stratos Zero HF Concept." Bronson kept more of the original than Sieber, and included the same kinds of cues that the actual Lancia brand applied to its Pu+Ra Zero and Pu+Ra HPE concepts that previewed future styling for the reborn automaker, like the Ypsilon lighting signature in front, the circular aperture on the roof, and the twin taillights.   The second- and third-place finishers get an Apple iPad Pro and Apple Pencil, a chance to network virtually with the Stellantis Design Team, a scholarship for a four-week summer program at Detroit's College for Creative Studies, and because they're Michigan locals, an invitation to be a Student Judge at the EyesOn Design at Ford House car show in Grosse Pointe, Michigan in June. Congratulations to all three of this year's winners. Design/Style Lancia Stellantis

These are the fastest-selling new cars of 2024

Automakers finally appear to be back on their feet after a few years of severe instability, but that hasn’t helped all of them in the sales department. iSeeCars recently released its study on the fastest- and slowest-selling new vehicles and found that some companies are moving vehicles off dealersÂ’ lots at more than twice the pace of others. Toyota was the fastest-selling new car brand between October 2023 and March 2024, moving vehicles in an average of 39.6 days. Surprisingly, Alfa Romeo came second, averaging 41.8 days on the market. Last year, we saw a list of the fastest-selling individual nameplates overall, as opposed to this study that's ranked by brand. Fastest-selling new cars of 2024 Toyota: 39.6 days on the market Alfa Romeo: 41.8 Cadillac: 43.4 Honda: 44.2 Jaguar: 44.4 Kia: 47 Hyundai: 47.1 Subaru: 49 BMW: 49.1 Mazda: 53.1 The brands moving inventory the fastest show a strong value and desirability for buyers. iSeeCars executive analyst Karl Brauer noted, “Fast-selling brands like Toyota and Honda represent mainstream consumers seeking maximum value for their new-car dollar. Conversely, high-ranking luxury, low-volume brands like Alfa Romeo, Cadillac, and Jaguar reflect both their limited supply as well as high demand from affluent buyers willing to snap these models up shortly after they arrive on dealer lots.” Of course, there is no light without darkness, and on the other side of the list are a handful of brands struggling to move inventory. Lincoln was the slowest-selling new car company, with an average of 82.6 days to sell. Infiniti was close behind at 79.8 days, and Buick took an average of 79 days to move units. iSeeCars noted that new EVs take much longer to sell than their hybrid counterparts, at an average of 70.6 days on the market in March 2024, compared to just 49.5 for hybrids. Some of the fast-selling new brands also made the used car list. Used Hondas sold the fastest, only sitting on dealersÂ’ lots for an average of 26.1 days. LexusÂ’ used cars sat for 26.3 days, and Toyota moved its used inventory in an average of 27.4 days. By the Numbers Green Alfa Romeo Cadillac Toyota Car Buying