Browsing the "henrik fisker" Tag

VL Automotive Buying Any Fisker They Can Find

February 9th, 2014 | by Heather Carr

VL Automotive is buying any Fisker they can find. VL started out buying Fisker Sunsets and replacing the innards with a Chevrolet Corvette V-8. Since Fisker stopped production in 2012, the number of Sunsets is limited and VL has been having trouble finding enough new or used Sunsets to transform


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


Fisker Lost $35,000 On Every Karma Sold

June 18th, 2013 | by Christopher DeMorro

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 May Be Saved – By Henrik Fisker!

May 27th, 2013 | by Jo Borras

When Henrik Fisker walked away from the Fisker brand and his longtime partner, Bernie Koehler, over budget concerns and disagreements about the future direction of the company that bore his name, many thought Henrik had left the ugly business of righting Fisker to someone else. We might have underestimated him: Henrik is trying to buy his company back!


Fisker Automotive Fires 75% Of Workforce

April 5th, 2013 | by Christopher DeMorro

Fisker Automotive today announced that it was firing 75% of its workforce, leaving a skeleton crew of 53 senior managers and executives to save the it. And no, there were no severance packages


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

April 5th, 2013 | by Christopher DeMorro

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


Tesla Motors, Fisker Automotive Join To Form "Tisker"

April 1st, 2013 | by Christopher DeMorro

In a surprise announcement that nobody expected, Tesla Motors CEO Elon Musk announced a joint partnership with plug-in hybrid car maker Fisker Automotive. The two green car companies are joining forces on a low-priced, hybrid sedan to compete with the Chevy Volt in a project codenamed “Tisker”


Fisker Furloughs Workers, Hires Bankruptcy Lawyers

March 29th, 2013 | by Christopher DeMorro

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


Henrik Fisker Buys A Fisker

March 22nd, 2013 | by Nicholas Brown

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


Fisker Walked Out Over Funding, Operating Budget

March 20th, 2013 | by Christopher DeMorro

Speculation over Henrik Fisker’s sudden departure from the company bearing his name has centered around the plan to court Chinese investors. But a new report suggests that the differences between Fisker and CEO Tony Posawatz went much deeper than that, with the two pitching very different visions of the green car company’s future


Fisker Interview Reveals Few New Reasons For Leaving

March 18th, 2013 | by Christopher DeMorro

Henrik Fisker’s departure from Fisker Automotive seems to indicate that the old ways of running business at the young green car company are over. Citing disagreements with management, Fisker departed amid speculation that the impending sale of the green automaker to the Chinese pushed the founder out of the company bearing his name. But a new interview cities deeper issues with business strategy as forcing Fisker’s departure



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