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"  California-based Fisker Automotive has halted production of its plug-in hybrid Karma luxury sedan after battery provider A123 filed for Chapter 11 bankruptcy last month. The automaker says it is suspending production until a buyer is found for the failed battery manufacturer. The news, first reported by Bloomberg yesterday, is yet another setback to the fledgling automaker, which lost 300 European-bound Karmas during Hurricane Sandy and continues to delay production of its mass-market mid-size Atlantic sedan Fisker will be waiting to see what happens when A123 is auctioned off on Dec. 6. Top suitors include U.S.-based JCI Industries and the Chinese Wangxing Group. &amp;quot;Because we have no batteries, there&amp;#039;s no production right now. Inventory is starting to get a little low,&amp;quot; Fisker CEO Tony Posawatz told Bloomberg. &amp;quot;We&amp;#039;d like to restart production as quickly as possible. We should know the outcome of the auction by the middle of December.&amp;quot; "^^<http://www.w3.org/2001/XMLSchema#string>
<http://www.popularmechanics.com/cars/a8525/fisker-suspends-production-of-the-karma-14801967/>