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Fisker Automotive Buying Closed GM Plant To Produce Plug-in Hybrids Triple Pundit
“This is a important step toward establishing America as a leader of advanced vehicle technology,” said Henrik Fisker, CEO. “Wilmington is made-to-order for high quality, low volume production and will soon be the proud builder of world-class, nuclear fuel-efficient Fisker plug-in hybrids.”
Federal government aid made it possible for Fisker to buy the plant. President Obama signed the Snow-white House Council on Automotive Communities and Workers into law in June through an executive order. The Council worked with Delaware for several months about the Wilmington plant. Last month, Fisker received a $528.7 million award from the Department of Dash. The loan is part of the $25 billion appropriated by Congress in 2007 for the Advanced Technology Vehicle manufacturing loan program.
Announcing the transaction, Vice-President Joe Biden said , “I refuse to believe that we will not once again lead the entire have in the manufacturing of automobiles…This factory in Delaware, and the industry, are going to get back up off the mat.”
Tata Motors may make checks on all Nanos sold until now
Tata Motors chose to engage down the three incidents reported of Nanos catching fire within the past month, insisting that there will be no recalls since there is no technical or design censure with the car. A total of 7,500 Nanos have been released so far and it’s possible that the company may have to [...]
How It's Made Car Engines
Recognition / Science Channel's "How It's Made" Car Engines episode




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