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.
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The not-quite-bankrupt Fisker Automotive is struggling to stay afloat, and affluent buyers of the beautiful plug-in hybrid know it. While hundreds of lining up for a supercharged V8 conversion, other owners are divesting themselves of their Fiskers on the used car market, taking a huge financial hit in the process.
Despite its shortcomings as a green car, the Fisker Karma is still very much a gorgeous vehicle. It was so sexy that the Bob Lutz-backed VL Productions planned on producing a V8-powered version called the Destino. As it turns out the failure of Fisker may have been a blessing for Destino fans, as hundreds of Karma owners are reportedly seeking the 556 horsepower conversion for their former green cars.
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?
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.
Fisker hasn’t had a great year, but the plug-in hybrid car company is chugging along and starting to build some serious cred as the green car of choice for the affluent. What started with a chrome Fisker Karma owned by Justin Bieber is snowballing into a display at the massive SEMA Show in Las Vegas, as well as a cameo role in the upcoming spy movie Paranoia.
Despite what most analysts would call a bad year, at least publicity-wise, Fisker is plugging along raising money left and right. The maker of the Fisker Karma needs to start making some money though, and founder Henrik Fisker may be considering expansion beyond the auto industry…specifically building a hybrid boats.
The brainchild of Henrik Fisker, the Fisker Automotive company, has not had a lot of good news to tout this year, and this next story isn’t much of a help. According to a new report, the mid-sized, $50,000 Fisker Atlantic won’t begin production until 2014 or 2015. Can Fisker last that long?