Your tax dollars at work. Blowing $200 million on broken, $100,000 cars made in Finland.
As reported earlier – The electric-hybrid Fisker Karma is another Obama loser. With a price tag of $107,850 you can own a green car that Consumer Reports says functions only in Park and Neutral. Amazing…$528.7 Million of taxpayers’ money couldn’t make a car that goes forward or reverse.
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And now this – The Fiskers are not safe. They’re burning down garages.
Matt Lewis at the Daily Caller reported:
Fisker Automotive isn’t the next Solyndra — it’s worse.
Nearly $200 million into a $529 million loan from the Department of Energy, Fisker’s yet to build a car in the United States. The current model they offer, the Karma, retails for a reasonable $103,000. And here’s the fun part. The Karma, produced in Finland, first suffered a recall in December. That recall expanded recently — in no small part due to a Karma in Texas lighting on fire and burning down the garage where it was parked. It appears that not only are these not American cars, but they’re not even particularly safe for American drivers. But don’t fret.
It was only a cool $200 million down the drain.
According to ABC News, “Fisker received federal funds in part to help purchase a shuttered General Motors plant in Delaware, where it predicted it would one day employ 2,000 auto workers to assemble the clean-burning gas-electric family car, known as the Atlantic.”