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Curtains for Coda?

By February 27, 2013

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With most of its staff laid off, and its vendors and suppliers either writing off their dealings with the automaker or, worse yet, hauling them into to court, it looks like start-up electric vehicle manufacturer Coda Automotive is unable to deliver as once promised.

Perhaps a goal of 10,000 vehicles was a bit over-ambitious, but Coda didn't even come close, selling only a few hundred electric vehicles.

Adding to the drama: the LA Observed reports that City Councilman Herb Wesson used $1 million of his district's slush fund to bring the company to L.A. from its former digs in Santa Monica. The publication claims the money was handed over without an application by the company nor a written analysis.

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