Wanxiang Makes Last Minute Bid For Fisker

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.

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German Company Puts In $25 Million Bid For Fisker

Once valued at around $1.4 billion, Fisker Automotive is a husk of its former self, worth just a small fraction of its peak value. With no money left to build cars, Fisker is trying to sell itself to the highest bidder, and so far only Bob Lutz and the Chinese have shown any interest. But the latest suitor comes from Germany, and may be Fisker’s best hope.

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