DETROIT/TOKYO (Reuters) - A team including former General Motors Co <GM.N> executive Bob Lutz and China's largest parts maker is looking to buy Fisker Automotive for $20 million, a fraction of the "green" car company's estimated worth almost a year and a half ago. Full story
CNBC's Phil LeBeau reports that former GM chair Bob Lutz is teaming up with a Chinese firm to bid for Fisker Automotive, among other auto news.
Vice Chairman at General Motors, Bob Lutz attends the New York International Auto Show in New York March 31, 2010. REUTERS/Jessica Rinaldi