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Fisker, Now Owned By The Chinese, Comes Back To U.S.

After an ignominious crack up of the Karma plug-in car, and subsequent multi-billion-dollar failure, Fisker Automotive is back and Chinese-owned. Called Fisker Automotive and Technology Group, it will make another go at production of the plug-in hybrid Karma at a new facility in Southern California. Also known as FATG, the company expects to employ about 150 people at the plant it is setting up in Moreno Valley, not far from its U.S. corporate offices in Costa Mesa.

Read the whole story at Detroit Bureau »

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