House Panel Examines Government Loan To Fisker Automotive
By: Sonari Glinton
April 25, 2013
The founders of financially troubled Fisker Automotive were grilled by Republican lawmakers on Capitol Hill Wednesday. The electric car maker received a $529 million loan from the Department of Energy in 2009. The carmaker is now on the edge of collapse. Fisker has laid off most of its employees and hired bankruptcy advisers.
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