Bankrupt Fisker Paid Its Executives Handsomely To Not Build Cars

After a long, messy saga that included federal loans, hurricanes, fires, and taxpayers being out $139 million, Fisker Automotive finally declared bankruptcy in November. The good news is that Fisker executives were still doing great, right up until the end, even though no new cars had been built since 2012. »12/11/13 2:00pm12/11/13 2:00pm

The Difference Between Government ‘Green Car’ Loan Spin And Reality

The Energy Department's rosy website claims the government's Advanced Technology Vehicle Manufacturing loan program has "created or saved" 37,000 jobs. A Jalopnik analysis of the current states of the five companies involved shows that this number is technically true, but not the way the government tells it. »7/02/13 2:28pm7/02/13 2:28pm

NY Legislator And Wife Made Money Off Failed Gov-Backed NYC Taxi

It would seem as if the demise of The Vehicle Production Group, the now-defunct manufacturer of taxis and vans that received $50 million in government loans, is solely a tale of losers. But at least two big winners were involved: New York State Assemblyman Micah Kellner and his wife, who got a lot of money and a job… »6/24/13 11:05am6/24/13 11:05am

56% Of Carmakers Who Asked For Government 'Green' Loans Are Dead

What do Carbon Motors' BMW-powered police car, Aptera Motors' electric three wheeler, and Fisker's luxury sedan have in common? Two things: they asked the government for loans, and they're dead, as are more than half of the car companies who sought loans, according to documents obtained via a Freedom of Information… »6/03/13 12:33pm6/03/13 12:33pm

Meet The 'Inflatable Car' Inventor Suing The U.S. For $675 Million

The U.S government's green car program has been under scrutiny with the recent failure of two of the companies that received the loan, including coverage of a $675 million lawsuit by an inventor claiming he was denied funding for his inflatable electric car company because of politics. What hasn't gotten much… »5/15/13 2:13pm5/15/13 2:13pm