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Van Maker VPG Joins Fisker as Obama Green-Car Lending Failures

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The shutdown of a wheelchair-van maker financed by U.S. taxpayers is adding to congressional criticism of clean-energy lending by President Barack Obama’s administration that’s been a target since the 2011 bankruptcy of solar-panel maker Solyndra LLC.

Vehicle Production Group LLC, a closely held startup that received $50 million in Energy Department financing, has ceased operations and fired almost all of its employees, its former chief executive officer said yesterday. Car maker Fisker Automotive Inc., which received $193 million from the same loan program, missed the first payment last month and has also stopped production.