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0Official: Fisker goes to Congress: DOE attacked amid hints loan could still be paid back 1366846680
With a title like "Green Energy Oversight: Examining the Department of Energy's Bad Bet on Fisker Automotive" it was no surprise that the slant of today's Congressional hearing by the House Oversight subcommittee on Economic Growth, Job Creation, and Regulatory Affairs was overwhelmingly ...
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Rumormill: Proposed interior colors for 2014 Fisker Karma included 'Coronado,' 'Palisades' 1366718040
Among the things we're going to miss out on if/when Fisker Automotive goes bust is the legitimate description of "Coronado" as a color. That apparently orange-ish hue is one of four interior colors Fisker was planning on for its 2014 model-year Karma extended-range vehicle, according to Fisker ...
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Study: Each Karma 'cost' Fisker $660,000 to produce 1366403220
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 ... -
Report: Fisker, A123 settlement reducing $140m in claims to $15m approved 1366322160
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 1366206960
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 1365720300
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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Official: Sarah Palin calls Tesla a 'loser,' which 'wounds' CEO Elon Musk 1365549960
Wasn't it the 2012 presidential race that featured Republican candidates disparaging electric vehicle companies? Well, yes, but that doesn't mean the 2008 vice presidential candidate (and Ex-Alaska governor) Sarah Palin can't do the same. In a Facebook post that bashed subsidies for ...
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Report: Fisker, A123 settle $140m supply claims for just $15 million 1365105360
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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Video: Fisker CEO Tony Posawatz asks investors for patience, says new tech can take time 1364852700
Tony Posawatz, president and CEO of Fisker Automotive, recently made the case for how Fisker and other cleantech companies can find the right investors. Speaking at a conference in Santa Barbara, CA, Posawatz said new clean technologies take years to be adopted and investors should be ...
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Report: Fisker hires bankruptcy team after worker furlough 1364766900
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, ...

