US Taxpayers "Fiskered" Out Of $500 Million

[dales]

http://jalopnik.com/5851735/how-fisker- ... onomy-flop

How Fisker got $500 million in government loans for a fuel economy flop


When Fisker Automotive won heaps of praise from Vice President Joe Biden and a $529 million loan from the U.S. government, officials touted the Karma luxury sedan as getting up to 100 miles a gallon, going 50 miles on a full battery charge and offering "supercar" performance. None of those targets were met — but Fisker's moving ahead, your tax dollars in hand.

<snip>

Solyndra on wheels, anyone?

[Crackpot]

Hey we do work for them

[dales]

I hope it's not in the P.R. dept.

This car looks like an over-priced dud financed with taxpayer monies.

More here:

http://www.thetruthaboutcars.com/2011/1 ... -extender/

[rubato]

Makes the Tesla (which I see periodically on my commute) look better and cheaper.

The little Lotus-bodied roadster is a hot little number.

yrs,
rubato

[Crackpot]

we do work for them to

[loCAtek]

Hey we do work for them

We used to...

[rubato]

Fisker is a Finnish company. Why would the US pay them? I could find no confirmation that we had done so.

yrs,
rubato

[dales]

http://www.washingtonpost.com/politics/ ... story.html

[Crackpot]

I believe they also design out of california and locally I don't think My colleague spent a couple of weeks in finland at least.