DOE to auction loan to Fisker Automotive

Sept. 18, 2013
New owner could revive Fisker Automotive.

The U.S. Department of Energy (DOE) will auction next month a green technology loan made to Fisker Automotive, which owes DOE $168 million, according to Reuters News. The auction is scheduled for Oct. 11 with bids due on Oct. 7, according to a notice posted on Tuesday on govsales.gov, which tracks government asset sales. Read about the auction.

Sponsored Recommendations

Are you aware of the hidden costs lurking behind ignored maintenance? This eBook reveals how neglecting upkeep can inate repair bills, induce downtime, and harm reliability. ...
Are your KPIs driving real fleet improvement? Learn how to set smarter, data-driven benchmarks, track success like top-performing fleets, and apply proven strategies to optimize...
Fullbay's fifth annual State of Heavy-Duty Repair compiles insights from almost 1,000 experts and over 3,500 shops. If you aren't leveraging these proven data points, your competition...
Quality body repairs on medium- and heavy-duty trucks depend on the use of specialized adhesives, sealers, and other allied materials. Unfortunately, many shops face challenges...