The Humble Libertarian

Building a small army to take over the world and... leave everybody alone.


Thursday, March 8, 2012

Fisker Karma car dies in Consumer Reports testing

Welfare for the wealthy, car buyers and investors.  Fisker Motors got a $529 million U.S. government loan/subsidy to built $100,000 sports car in Finland.

Another $529 million of taxpayer cash circling the bowl. Reuters reports: A $100,000-plus Fisker Automotive luxury car died during Consumer Reports speed testing for reasons that are still unknown, leaving the struggling electric car startup with another blow to its image. “It is a little disconcerting that you pay that amount of money for a car and it lasts basically 180 miles before going wrong,” David Champion, senior director for the magazine’s automotive test center, told Reuters… The breakdown of the Consumer Reports car is more bad news for a company that already recalled some Karmas. Fisker also has changed its CEO and halted production over the past month as it seeks to renegotiate the terms of a $529 million loan from the U.S. Department of Energy…

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JunkScience.com


But it gets worse.Fisker Motors is an Al Gore company.

OBAMA ADMIN GAVE HALF-BILLION-DOLLAR LOAN TO GORE-CONNECTED ELECTRIC CAR COMPANY TO BUILD CARS IN… FINLAND?

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The Blaze