Thursday, October 29, 2009

New Hybrid car - Fisker Karma

I wonder if they get a government bailout?
Fisker To Retool Former GM Plant To Make Electric Cars - WSJ.com
Electric-car start-up Fisker Automotive said Tuesday it will invest nearly $200 million to buy and retool a former General Motors plant in Wilmington, Del., facing off against Honda Motor Co., Toyota Motor Corp. and other big manufacturers in the nascent market for electric vehicles.
Not bad-looking for under 40 grand.

So, are we better off in the long run with GM and Chrysler still in "business" or would we be better off if we let those plants go to folks like Fisker? Short term, the folks who work there are better off. But why is everything always about the short-term?

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