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.

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How Fisker Burned Through $1.3 Billion

With Fisker Automotive on the brink of bankruptcy, there are those of us left wondering how this small niche automaker managed to spend $1.3 billion of public and private investments in just a few short years. A new report lays out in detail how Fisker Automotive blew through a billion dollars, while developing and delivering just over 2,000 vehicles, becoming possibly the biggest venture capital blunder in history.

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Ultimate Auto Tweaks The Fisker Karma

The news surrounding green automaker Fisker Automotive has been nothing but negative the past few weeks. But let’s take a step back and admire the Fisker Karma for what it is; a gorgeous, if flawed car with limitless customization potential. Tuning shop Ultimate Auto went to town on a Fisker Karma, and the result only improves on this great-looking ride.

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Fisker Interview Reveals Few New Reasons For Leaving

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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Henrik Fisker Out At Fisker Automotive

On Wednesday, founder and executive chairman of Fisker Automotive, Henrik Fisker, resigned from his position on the board of directors. According to an official response from Fisker himself, his resignation has to do with “several major disagreements” on “business strategy.” We wonder if this has anything to do with trying to find a Chinese investor…?

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Fisker Seeking Chinese Savior By Next Month

Sometimes it feels like we are picking on Fisker, because for the past year it has been one bad, sad news story after another. But it is hard to deny that Fisker faces a grim outlook unless they can get a much-needed injection of cash. This means the U.S. based automaker, which builds and ships cars over from Finland, has gone to China in search of funding…and they may have found it.

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Fisker Planning “Entry Level” Chevy Volt Competitor, Could Align With Chrysler

While 2012 hasn’t been a great year for Fisker Automotive, the luxury hybrid car maker is still chugging along and looking forward. A new report suggests that Fisker is currently planning a third “entry level” model due to compete with the most successful plug-in hybrid on the market, the Chevy Volt. But will this affordable Fisker arrive in time?

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Fisker Considering Building Boats? Maybe One Day

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.

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Fisker Atlantic Debut Push Back To 2014 Or 2015

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?

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