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    Report: Did Fisker put too much blame on A123 Systems for overall failure?
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    Bad business partner or scapegoat? When it comes to battery maker A123 Systems and its role in Fisker Automotive's troubles, one conveniently anonymous source says its the former, alleging that the extended-range plug-in vehicle maker had plenty of problems of its own, Fox Business ...

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    Official: Coda bankruptcy moves forward, Fortress Investment Group bids $25 million
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    The dust is starting to settle for Coda Automotive as it wends its way through bankruptcy proceedings. While formal agreements needed to be submitted to the court for approval, the judge granted a request by the parties to sign final orders approving the failed electric carmaker's debtor ...

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    Official: Renault takes Better Place bankruptcy in stride, says EVs are still a focus
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    Renault says the recent bankruptcy filing by battery-swapping technology firm Better Place will do little to dissuade the automaker (and sister company Nissan) from continuing to try and boost electric-vehicle sales worldwide. Better Place's decision "does not at all call into question the ...

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    Official: Better Place announces bankruptcy, board says it 'stands by the original vision'
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    It came as a shock when Better Place founder Shai Agassi was ousted as CEO last October, but today's announcement that the company will enter bankruptcy proceedings is a little less of a surprise. After all, since Agassi left, there have been layoffs, another CEO departure and a shut-down of ...

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    Video: What $20 million means to both Tesla and Fisker
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    When is $20 million not equal to $20 million? When, for some, it's an interest payment and, for others, it's all someone else thinks they're worth. Here's how that one number means two totally different things to two different green car companies. Speaking to Bloomberg Television about the early ...

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    Official: A123 Systems, now B456, wins court approval to exit bankruptcy
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    It's official: A123 Systems Inc. is passing through its final phase. The bankrupt lithium ion battery maker, now going by the name B456 Systems Inc., has won court approval for its plan to exit bankruptcy that pays off creditors from proceeds gained by selling off virtually all of its ...

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    Report: Bob Lutz and VL Automotive, Wanxiang trying to buy Fisker
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    Chinese company Wanxiang was in the news earlier this year, as it moved to acquire bankrupt automotive battery company A123. Turns out, while that was taking place in the public eye, Wanxiang was also working with VL Automotive – of Bob Lutz and Destino fame – to try and buy out ...

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    Official: In bankruptcy, Coda asking for permission to conduct airbag recall
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    Following its official bankruptcy filing, Coda Automotive is back with more not-so-good news. In Delaware bankruptcy court, the automaker has filed a motion to "conduct a voluntary recall of Coda Sedans to replace roof-mounted side curtain airbags." Last August, Coda recalled 78 vehicles for ...

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    After outage, Fisker Automotive website hints at positive future
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    The official, revamped website for Fisker Automotive appears to be more of an homage to the company's focus on style rather than an accurate snapshot of the struggling automaker's actual troubles. When you click on the homepage, you'll see red, white and blue images of its elegantly designed ...

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    Official: Coda officially files for bankruptcy, shifts focus to energy storage
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    Anyone who had Coda Automotive in your office pool for the next electric vehicle maker to declare bankruptcy, go on and collect your winnings. Coda announced today it will restructure as an energy storage business after voluntarily filing Chapter 11 bankruptcy in the District of Delaware. The ...

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    Study: Each Karma 'cost' Fisker $660,000 to produce
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    Looks like the $100,000 or so Leo and Bieber plunked down for their Fisker Karma extended-range plug-in vehicles may have been a bargain. The California-based automaker, which appears to be headed for bankruptcy, spent an estimated $660,000 for every one of fewer than 2,500 vehicles it made ...

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    Report: Fisker, A123 settlement reducing $140m in claims to $15m approved
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    Fisker Automotive and what was formerly A123 Systems have received approval of their settlement in which Fisker's claims against the bankrupt battery maker were reduced by 89 percent, Bloomberg News reports. Fisker's claims against what's now B456 Systems were reduced to $15 million from $140 ...

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    Report: Fisker owes $700,000 to landlord, web designer
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    The Fisker Karma may be able to go 125 miles per hour, but the company making the extended-range plug-in doesn't appear to be outrunning its creditors. Fisker Automotive allegedly owes two creditors more than $700,000 on late bills, GigaOM says in two separate articles. GigaOM cites court papers ...

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    Report: House Republicans will hold hearing on Fisker, Henrik asks for travel funds
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    House Republicans have been critical of the Obama Administration over new-energy loans to companies such as Tesla Motors, and will hold a hearing later this month to discuss struggling California-based Fisker Automotive, the Wall Street Journal says. Representative Darrell Issa (R-CA), of the ...

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    Report: Fisker Karma discounted to $80,000, at one dealer, at least
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    The top-selling dealership offering the Fisker Karma has got some deep discounts available as it awaits the future of the troubled automaker. Fisker of Orange County is dropping the price well below the manufacturer's suggested retail level of between $105,000 and $120,000. In fact, a Karma ...

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    Report: Fisker, A123 settle $140m supply claims for just $15 million
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    Any self-respecting dealer would refuse to sell a Fisker Karma extended-range plug-in for a mere $12,000, but Fisker Automotive may be taking that approach with former battery supplier A123 Systems by settling for about 11 cents on the dollar in a bankruptcy-court claim. The California-based ...

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    Report: Fisker hires bankruptcy team after worker furlough
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    After furloughing its US workers, Fisker Automotive has hired a law firm for a potential bankruptcy, Reuters reports, citing a person familiar with the process. Kirkland & Ellis is advising the California-based maker of the extended-range plug-in Karma for a potential bankruptcy filing, ...

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    Report: Bankrupt A123 Systems can ask creditors to vote on repayment plan
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    Details of the A123 Systems bankruptcy proceedings are getting ironed out, and have been given the green light by US Bankruptcy Judge Kevin Carey. The federal judge approved an outline of lithium ion battery maker A123's liquidation plan to be used by creditors, who will decide whether to vote ...

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    Report: Fisker says A123 is discounting its debt levels
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    Fisker Automotive is accusing battery maker and former vendor A123 Systems of funny math after the latter company filed documents of its debt levels with the US Bankruptcy Court, Reuters says. The California-based maker of the extended-range plug-in Karma says A123 owes it more than $212 ...

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    Report: Fisker hires consultant, may seek bids next month
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    Fisker Automotive has hired a consultant to oversee day-to-day operations in an effort to conserve cash, and may seek partner or acquisition bids next month, Bloomberg says. Fisker spokesman Roger Ormisher says the California-based maker of the Karma extended-range plug-in luxury vehicle has ...

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