VL Automotive might have missed out on their chance to buy Fisker but that hasn't stopped the company from gearing up to produce the Karma-based Destino.

VL Automotive might have missed out on their chance to buy Fisker but that hasn't stopped the company from gearing up to produce the Karma-based Destino.

In an interview with Automotive News, Bob Lutz said the company has acquired 25 Karmas and is on track to start delivering the cars in mid-2014. He also revealed that "It's going to take time. I don't want a rough car that's hard to drive with a bad transmission and high noise levels. At close to $200,000, these things are going to have to be silky and buttery to drive."

Lutz went on to say VL Automotive will return to the North American International Auto Show with the Destino and another model with a different body style.

As we have previously reported, the Destino will eschew the Karma's plug-in hybrid powertrain for GM-sourced V8 engines. The entry-level model will have a 6.2-liter LT1 V8 with 450 bhp (335 kW) while the range-topping variant will use a supercharged 6.2-liter LS9 V8 that cranks out 638 hp (476 kW) and 604 lb-ft (819 Nm) of torque.

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VL Automotive moving ahead with Destino production, new model headed to Detroit