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* USA: Fisker Automotive bankruptcy ?
* California - Fisker Automotive lays off 160, struggles to find financing deal
Anaheim, Calif,USA -The Detroit News, by David Shepardson -April 6, 2013: -- Struggling electric vehicle start-up Fisker Automotive may be coming to the end of the road... The Anaheim, Calif.-based firm that that's been beset by problems and funding shortfalls, said Friday it had laid off 75 percent of its staff — about 160 of its employees, including its entire public relations department — as it searches for an investor or buyer and prepares for a possible bankruptcy... In 2009, Fisker won $529 million in low-cost Energy Department loans and spent $193 million, mostly to develop its Karma model. The Energy Department froze the rest of the loan in 2011 amid problems at Fisker... The Energy Department would be Fisker's top creditor if the company filed for bankruptcy, and would have to decide what to do with the firm.Fisker has also retained bankruptcy attorneys ahead of an April 22 loan installment payment...
* California - Tesla's Biggest Order to Date
Palo Alto,CAL,USA -The Motley Fool, by Tamara Rutter -April 7, 2013: -- Electric-car maker Tesla Motors is off to a fast start this year... The California-based company kick-started 2013 by increasing production on its Model S sedan, unveiling a new finance product, and celebrating its first profitable quarter as a public company... Not bad for a little EV start-up that few had heard of until recently. Still, many analysts worry that demand for Tesla's Model S may begin to stall as the year unfolds... Counting more than 4,750 cars in the first quarter, the company is also beefing up its backlog of orders. Last month, Tesla secured its largest U.S. Model S reservation in the company's history... Downtown Project and Project 100 have committed to buy 100 zero-emission Model S cars from Tesla, in an effort to revitalize downtown Las Vegas...
posted by Unknown @ 5:36 AM
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