Browsing the "Fisker Karma cost" Tag

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Fisker Lost $35,000 On Every Karma Sold

Why did Fisker Automotive fail? There are plenty of reasons, though newly revealed internal documents reveal the biggest reason of all. The only product Fisker sold, the Karma sedan, cost the company $35,000 more than they sold it for. Add to that lavish spending by executives and costly engineering mistakes, and you have a company that was doomed to fail from the beginning.

Fisker Hasn’t Built A Car In Six Months, Looks To China For New Sales

2012 was not a good year for green car maker Fisker, makers of the Fisker Karma, and the news isn’t getting any better. A new report reveals that Fisker hasn’t built a car in six months, which is troubling in and of itself. Even worse though, Fisker claims this is no big deal, because they have a “sufficient supply” of Karma hybrids on hand. So why is that bad?

January 18th

Insurance Company Refuses To Pay For Waterlogged Fisker Karmas

We all know somebody who seems to never catch a break. Sometimes their “bad luck” is merely a result of their own poor decisions. But sometimes, these people seem to get screwed by fate time and again, through no fault of their own. Fisker Automotive has made plenty of poor decisions, but this time it really seems like they’re getting screwed, as their insurance company is refusing to pay for $33 million worth of Karma hybrids destroyed by Hurricane Sandy.

January 4th