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US Taxpayers "Fiskered" Out Of $500 Million

Posted: Thu Oct 20, 2011 4:27 pm
by 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?

Re: US Taxpayers "Fiskered" Out Of $500 Million

Posted: Thu Oct 20, 2011 4:44 pm
by Crackpot
Hey we do work for them

Re: US Taxpayers "Fiskered" Out Of $500 Million

Posted: Thu Oct 20, 2011 6:12 pm
by 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/

Re: US Taxpayers "Fiskered" Out Of $500 Million

Posted: Fri Oct 21, 2011 12:21 am
by 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

Re: US Taxpayers "Fiskered" Out Of $500 Million

Posted: Fri Oct 21, 2011 12:35 am
by Crackpot
we do work for them to

Re: US Taxpayers "Fiskered" Out Of $500 Million

Posted: Sat Oct 22, 2011 4:41 am
by loCAtek
Crackpot wrote:Hey we do work for them

We used to...

Re: US Taxpayers "Fiskered" Out Of $500 Million

Posted: Sat Oct 22, 2011 5:40 am
by rubato
Fisker is a Finnish company. Why would the US pay them? I could find no confirmation that we had done so.

yrs,
rubato

Re: US Taxpayers "Fiskered" Out Of $500 Million

Posted: Sat Oct 22, 2011 6:00 am
by dales

Re: US Taxpayers "Fiskered" Out Of $500 Million

Posted: Sat Oct 22, 2011 11:19 am
by 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.