Browsing the "Fisker Automotive" Tag

Wanxiang Wants Fisker To Take On Tesla

May 19th, 2014 | by Christopher DeMorro

Can Fisker’s new Chinese owners build a rival to Tesla Motors? Wanxiang Group’s billionaire owner Lu Guanqiu wants to do just that, or go broke trying


Fisker Name May Not Come With Sale

February 5th, 2014 | by Christopher DeMorro

While the Fisker Karma may get another chance at production thanks to a last minute bid from Wanxiang, the Fisker name and logo may not come with the sale


Fisker Auction Delayed As Bidding Price Doubles

January 16th, 2014 | by Christopher DeMorro

With the surprise last-minute bid for the remains of Fisker Automotive, a Federal judge deceded to delay the Fisker auction until late February. In response to a better bid from the Wanxiang Group, Hybrid Holdings LLC. has more than doubled its bid. Is this the beginning of a bidding war? Sure seems like it


Wanxiang Makes Last Minute Bid For Fisker

January 3rd, 2014 | by Christopher DeMorro

Just when it looked like the Fisker Automotive saga might be put to rest, a last-minute bid from China’s Wanxiang Automotive has thrown the whole thing into a little bit of legal chaos.


Fisker Going To Auction In October

September 19th, 2013 | by Christopher DeMorro

In a bid to get back the some $168 million Fisker still owes the Feds, the rights to the Fisker name and technology will be put up for bid this October. Is Fisker’s fate sealed


Official Bid Made For Fisker As Government Mulls Auction

September 17th, 2013 | by Christopher DeMorro

The long, drawn-out death of Fisker has been carried out in slow motion the past few months as the automaker sought one last lifeline. So far though nobody has stepped up to save Fisker, and the vultures are circling. Germany's Fritz Nol has put in a bid for Fisker, and government handlers are said to be considering an auction to try and recoup as much money as possible


Detroit Electric To Start Production In Holland

September 2nd, 2013 | by Christopher DeMorro

The second revival of the Detroit Electric name is banking on a carbon copy of the Tesla Roadster to get the ball rolling on this new/old brand, as well cashing in on Detroit's resurgence as a manufacturing hub. Alas, production delays and the lack of a factory deal has sent Detroit Electric to Holland to begin production. Is this Fisker


Government ATVM Green Loan Program Restarts

September 2nd, 2013 | by Christopher DeMorro

2012 was a year of political football for American automakers new and old, with Republicans and Democrats punting GM, Tesla, and Fisker back-and-forth before the presidential election. It got so bad that President Obama put a temporary hold on the Advanced Technology Vehicle Manufacturing green loan program, but that hold has been lifted and applicants are encouraged to apply once again



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