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March 08, 2012

Karma Fisker Dies in Consumer Reports Testing

Whatever Midas had? Yeah, Obama has something different.

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.

And when asked if he owned a Chevy Volt, Energy Secretary Steven Chu said he didn't even own a car. At the moment.

This administration seems to have a very theoretical connection with reality.

If you've ever wondered what Government By Hippies might look like, now you know.


Put Me In Coach, I'm Ready

Now, from what I've gathered from cursory observation, the guy on the little hill is going to throw a ball, and I'm going to hit it, right?


digg this
posted by Ace at 07:50 PM

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