February 10, 2012

Fisker Automotive's NASCAR fantasy failure

Isaac Martin
Green car builder Fisker Automotive became the latest DOE selected "winner" to show potential Solyndra fiscal mismanagement involving their Delaware factory to build a 99% Project Nina sedan. Some workers were laid off and they're renegotiating the loan agreement, since they're the recipient of a $529 million DOE loan guarantee, thanks to Obama crony capitalists. But what's up with the Karma, the car marketed toward the 1%, currently in production? With the Daytona 500 - The Great American Race - taking place this month, it's fair to wonder, as Fisker's Karma lurches to market, where's the sales buzz if it's such an exceptional  $103K sports sedan. Let's suppose Fisker was a rookie team getting ready to compete in a NASCAR Sprint Cup fantasy season, how would their promotional efforts be described? Summed up, it would be a series of Did Not Start (DNS), Qualify (DNQ) or Finish (DNF) and a back-of-the-pack finish. Here's some real world examples.   One DNF would be reflected by a Popular Mechanics web article that.... (Read Full Article)

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