Trend Results : Fisker Automotive
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FILTER RESULTS ►Has the Dept of Energy’s Advanced Technology Vehicle Manufacturing Program Been a Failure? Not Really
Critics of the current administration have pointed to the impending bankruptcy of Fisker Automotive and the recent suspension of operations at taxi maker Vehicle Production Group as examples of why the government shouldn’t be picking winners and losers in it’s zeal to promote alternative energy. The DoE effort under which those two companies received financing is [...]
A Bump on the Road to Green
Fisker automotive may be kaput. But my friend Dave insisted that before I joined the parade of writers comparing the failed electric-car company to Solyndra, the other California-based manufacturer that went bust after landing a federal clean-energy loan, I had to borrow his curvaceous Fisker Karma. Show More Summary
You Can Now Buy A Fisker Karma For 60% Off
The $104,000 Fisker Karma, one of the most beautiful cars of the 21st century, can now be purchased for a 60% discount on eBay. Fisker Automotive has stopped production of its cars, fired three quarters of its workforce in April, and appears headed for bankruptcy. Show More Summary
Energy Innovation: Tesla's May Trifecta of EV Triumphs
With the EV industry reeling from grim news regarding Coda’s bankruptcy announcement and Fisker Automotive’s apparent demise, Tesla Motors is basking in a trifecta of great news stories that emerged from their camp.
Obama’s Green Program Bears Fruit?
Fisker Automotive, which received millions from the federal government, is in financial trouble. Michael Greenwald defends the government’s investment, and others like it: Companies that receive tax breaks and subsidies fail all the time. Show More Summary
A Bump on the Road to Green
Fisker Automotive may be kaput. But my friend Dave insisted that before I joined the parade of writers comparing the failed electric-car company to Solyndra, the other California–based manufacturer that went bust after landing a federal clean-energy loan, I had to borrow his curvaceous Fisker Karma. Show More Summary
Tesla recharges the battery-car market
It has not been a good year for the electric-car industry, considering the bankruptcy of little Coda and the all-but-certain collapse of the once-promising Fisker Automotive. Even well-established carmakers such as General Motors and...Show More Summary
Another One Bites the Dust: VPG, a $50 Million Government Loan Recipient, Ceases Operations
This whole automaker shutting down thing is starting to get old. First, it was Fisker Automotive, which technically still exists as it struggles to find a new owner. Then, it was Coda Electric, an automaker that actually thought people would spend nearly $40,000 on a Chinese-built 1990s Mitsubishi with an electric motor in it. Now [...]
Yet Another Government-Backed Car Company Has Failed
The U.S. Department of Energy's Advanced Technology Vehicles Manufacturing program, which floated taxpayer-funded loans to Fisker Automotive and four other companies, has been taking a lot of heat lately in the wake of Fisker's troubles. Critics have another reason to be angry: The Vehicle Production Group. Read more...
Tesla Motors Inc (TSLA), Fisker: Any Similarities?
Last April, Fisker Automotive missed the very first payment on the $192 million it had borrowed from the U.S. government to build luxury hybrid sports sedans that are priced over $100,000 – in Finland. That default on the $10 million payment was probably inevitable since the company had not built a single vehicle in the [...]
Fisker Took Us for a Ride - Will Tesla?
Last April, Fisker Automotive missed the very first payment on the $192 million it had borrowed from the U.S. government to build luxury hybrid sports sedans that are priced over $100,000 - in Finland. That default on the $10 million...Show More Summary
Bob Lutz Says V-8-Powered Karma Plans Are Safe Despite Fisker Woes
Unless you’ve been living under a rock for the past several months, you have probably heard that Fisker Automotive is in a spot of trouble. Production of its Karma extended-range electric sedan ceased last year following the bankruptcy of the car’s battery supplier, A123 Systems. And more recently, the company, seeing an alliance deal...
Report: Fisker Had Wildly Optimistic Expectation to Sell 100,000 Vehicles Per Year
We’re starting to wonder what sort of person approved the $529 million Department of Energy loan Fisker Automotive that ended last month at the time when the federal government had to forcefully seize $21 million of the $192 million the company ended up getting before the feds froze the loan altogether. During the Congressional hearing [...]
Electric car startup Coda getting buried in lawsuits
Like Fisker Automotive, electric car company Coda Automotive is getting hit with lawsuits. It's got over a half dozen filed within the last couple of months.
Bob Lutz: GM deserved federal money, but Fisker, well, who knows?
Two days after a Congressional hearing about a US Department of Energy loan to Fisker Automotive, Bob Lutz wrote a column pondering what should be done to stop the financial hemorrhaging at the company that builds - well, used to build - the Karma extended-range sports car. Show More Summary
Week in Review: Cadillac ATS Coupe Spied, More Problems for Fisker, and a BMW 1 Series Sedan is on the Way (Probably)
The final full week of April 2013 has come to a close, but before it goes away forever, you’ll want to check out all of this week’s important happenings in the automotive world. The week began with news from Germany as BMW is pondering the possibility of a 1 Series Sedan.Tuesday brought news that Cadillac [...]
Issa No Longer In To ‘Sperm-Shaped’ Electric Car He Pushed For?
This article originally appeared on Think Progress. By Ryan Koronowski In a contentious hearing yesterday, the House GOP members of the House Oversight Committee aggressively questioned Fisker Automotive executives and an Energy Department staffer about a loan Fisker received from the Energy Department. Show More Summary
Report: Elon Musk offering more of his own money to help widen LA's 405 freeway
While Henrik Fisker was in Washington, D.C. being grilled by Congress over government loans received by his former company, Fisker Automotive, Tesla co-founder Elon Musk was offering to give the California government money to help widen...Show More Summary
House Republicans Slam Federal Loan To Fisker As 'Corrupt' And 'Mismanaged'
Republican members of Congress fiercely criticized Fisker Automotive executives and Department of Energy (DOE) officials at a House Oversight Committee hearing Wednesday. The hearing, titled "Green Energy Oversight: Examining the Department...Show More Summary
In Testy Fisker Hearing, Rep. Issa Lets Slip His Past Loan Request For Failed ‘Sperm-Shaped’ Electric Car
In a contentious hearing yesterday, the House GOP members of the House Oversight Committee aggressively questioned Fisker Automotive executives and an Energy Department staffer about a loan Fisker received from the Energy Department. The attacks were reminiscent of those made in hearings on Solyndra and were more of a reflection of the committee’s hyperpartisan agenda [...]
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