Fisker KarmaElectric car maker Fisker Automotive has finalized the $20 million purchase of a former General Motors Co. plant in Delaware where it plans to make a new plug-in hybrid sedan that will go on sale in 2012.

The California-based automaker expects to employ more than 2,000 people at the plant.

Fisker also makes the Karma, a plug-in hybrid sports car it plans to start selling later this year for $87,900. The sedan that will be built in Delaware will be a lower-cost family car.

(READ the AP article at WTOP)

Photo: the Fisker Karma

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