A123 Systems reports Q3 revenue and shipments up, along with losses; gross margin improving
Green Car Congress
NOVEMBER 9, 2011
Fisker represents the company’s largest current automotive business; last week, A123 revised its 2011 revenue guidance downward based on a reduction in fourth-quarter orders from Fisker Automotive as that company balances inventory levels from all suppliers for the Karma plug-in hybrid electric vehicle. Cost reduction.
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