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Hybrid auto loan talks to take ‘several months’

The head of Fisker Automotive Inc., the Anaheim-based electric hybrid car maker, said today that the company’s negotiations with the U.S. Energy Department over the remainder of its $529 million loan will take “several months.”

The DOE cut off $336 million of the loan last May after the automaker failed to meet undisclosed milestones that were a condition of the funding. Read more by Mary Ann Milbourn.

Hybrid auto loan talks to take ‘several months’ is a post from: OC Unwired


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