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Fisker Atlantic Sedan Barely Introduced, Delayed

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On: Thu, Apr 12, 2012 at 9:51AM | By: Chris Weiss

Fisker Atlantic Sedan Barely Introduced, Delayed

According to new reports, the newly debuted Fisker Atlantic sedan will be delayed, just like its big brother the Karma. Fisker is still trying to figure out financing and production locations in the wake of the loss of its federal funding.

The Atlantic delay really doesn't come as a surprise given the turmoil going on at the company lately. Actually, more surprising is that Fisker was able to get the concept launched at the New York Auto Show.

Last week, at the Atlantic launch event, CEO Tom LaSorda intimated that the Atlantic would be on schedule, saying: "We have a long way to go, but in the near future Fisker intends to deliver this exceptional American-designed, engineered, and manufactured vehicle to showrooms worldwide."

But Lasorda admitted toAuto News that the company is still trying to figure out where to build the car. In February, Fisker was forced to layoff workers at the Delaware plant that was being retooled for Atlantic production. Fisker lost federal loan money last May, which was the cause of the layoffs. It is still trying to replace hundreds of millions of dollars in financing.

With the Delaware plant's future a question mark, Fisker will have to delay the launch of the Atlantic. The automaker plans to make a decision about where it will build the car by the end of the summer.

"The whole plan has changed," Lasorda said. "Wilmington is our primary site…but there are other options. We have to look at what's best for the company and the shareholders."


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