||12-13-2011 08:12 AM
RE: Fox News reports increase in Karma price
The Karma has always been priced too low in the US. Compared to Europe and compared to other cars with the same features. Everyone always compares the price of the Fisker to that of the Porsche Panamera. But once you've configured a Panamera or even an expensive Audi, Mercedes or BMW with the same options that are standard on the Karma (navigation, park assist, camera, voice control, all-leather, bigger wheels, LEDs, etc, etc) those cars become much more expensive.
And let's not forget that the Karma is loaded with expensive technology (huge battery, electric engines, generator, solar roof). It is amazing that it is competing in price with much less advanced cars.
And let's look at the economic side. Fisker has to make money to survive. Ofcourse they will sell more cars at a lower price, but if every sale is a loss (especially the US-cars) then eventually they will run out of money.