Browsing the "henrik fisker" Tag

string(0) "" Loading...

The Fisker Karma Is Dead, Long Live…Elux?

In a move that will surprise no one, Fisker’s new owners the Wanxiang Group have decided to drop the old name in favor of a new one. According to Reuters, the Fisker Karma will be renamed the Elux Karma, though it will take more than a name change to fix everything that’s wrong with Fisker. […]

February 24th

Official Bid Made For Fisker As Government Mulls Auction

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.

September 17th

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.

Should Fisker Ditch The Hybrid Drivetrain? It’s Not Such A Bad Idea

Fisker is in trouble. Anybody who has been following the green automaker’s saga can tell you that things don’t look good for a company that isn’t making any cars, lost its CEO, and cannot secure even Chinese investors. But a Jalopnik writer made a very keen observation that the salvation of Fisker might be a lot simpler if they dropped the whole hybrid act.

Fisker Furloughs Workers, Hires Bankruptcy Lawyers

The vultures are circling the headquarters of Fisker Automotive, and the clock is ticking as the signs of an inevitable bankruptcy continue to pile up. Fisker has put its more than 200 employees on furlough earlier this week, and with Chinese investors backing out, management has reportedly hired lawyers to begin bankruptcy proceedings. This is the end, my friend.

March 29th

Henrik Fisker Buys A Fisker

The co-founder of Fisker Automotive recently resigned from his position in the board of directors, due to “several major disagreements” on “business strategy”, seeming to center on Chinese investors and the use of U.S. government funds. But despite leaving the company he built from nothing, Henrik Fisker still believes enough in the Karma to buy one for himself.

March 22nd