Fox emits misinformation about loans to fuel-efficient car companies

SUMMARY: In reports on FoxNews.com, America's Newsroom, and Your World, Fox News repeatedly advanced misinformation about Department of Energy loans recently granted to Fisker Automotive and Tesla Motors to support development of fuel-efficient vehicles, suggesting that those funds would be ill-spent. The false or misleading claims include: that the loans will be used to build cars that cost $89,000 and $109,000; that the loans will finance foreign manufacturing; and that Fisker and Tesla are European companies.

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