Episode 1116 – More Fisker Bad News, Fiat CEO Criticizes Regulators, Lexus Headed to KY

Bloomberg reports that the actual manufacturing cost for every Fisker was more than six times that of the purchase cost. Fiat-Chrysler CEO, Sergio Marchionne criticizes regulators for trying to force electric cars on the industry and the public. We get the official word that Toyota will start building the Lexus ES at its Georgetown, Kentucky plant, which is a first in the U.S. All that and more, plus we learn how CNG and LPG are getting a lot of attention.