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.

Read more

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.

Read more