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3Fisker Pushes Ahead With Second Model, Despite Problems

New CEO Tony Posawatz said the company moved too fast and needs to slow down

Fisker Automotive is having a helluva time lately, what with one of its cars setting itself on fire in a California parking lot, the Department of Energy backing out on more than half of its $529 million loan promise, and Consumer Reports telling the public that the $100,000 Fisker Karma is "plagued with flaws."

4Bad Karma? Troubled Fisker Delays Second Model

Carmaker's second plug-in hybrid stalls, won't arrive until 2014

Fisker Automotive told investors it plans to delay the launch of its second model by up to a year, according to documents leaked to the website InsideEvs.com.

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