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Electric carmaker Fisker files for bankruptcy

Fisker Automotive shows off the Karma S plug-in hybrid during the second press preview for the Detroit International Auto Show at the Cobo Center January 12, 2009 in Detroit, Michigan.Fisker Automotive, whose high-end electric cars caught the eye of Justin Bieber and other celebrities, has filed for bankruptcy protection. The California-based company also announced it had entered an asset purchase agreement with Hybrid Tech Holdings, LLC.