Why Is the Government Subsidizing a $104,000 Car?

Is Fisker Automotive the next Solyndra? Maybe, but that misses the larger point.

William Tucker The American Spectator 2/14/2012

Fisker Automotive suspended efforts in Delaware last week to retool an abandoned GM production plant into a manufacturing facility for its new electric hybrid NINA, derived from the $104,000 luxury Karma.

Fisker’s problem is that it […]

Car Company Gets U.S. Loan, Builds Cars In Finland

Matthew Mosk, Brian Ross, and Ronnie Greene ABC News and iWatch News 10/20/2011

With the approval of the Obama administration, an electric car company that received a $529 million federal government loan guarantee is assembling its first line of cars in Finland, saying it could not find a facility in the United States capable of […]

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