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The AutoGuide News Blog is your source for breaking stories from the auto industry. Delivering news immediately, the AutoGuide Blog is constantly updated with the latest information, photos and video from manufacturers, auto shows, the aftermarket and professional racing.
 |  Jul 28 2014, 1:32 PM

2012-fisker-karma

For Wanxiang, job one at Fisker is fixing roughly 250 bugs with the Karma luxury car before production can resume. After that, the goal is to launch a second model.

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 |  May 19 2014, 9:53 AM

Lu Guanqiu Fisker Karma

Lu Guanqiu may not be a household name right now but he could become the next Elon Musk. The Chinese billionaire bought failed automaker Fisker at a bankruptcy auction and promises to challenge Tesla with his latest acquisition.

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 |  Apr 23 2014, 10:15 AM

2012-fisker-karma

Under its new Chinese owner, Fisker might be back to selling its plug-in hybrid luxury sedans by next year.

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 |  Mar 13 2014, 7:22 AM

fisker atlantic

Do you believe in second chances? Chinese automotive group Wanxiang certainly does.

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 |  Feb 24 2014, 9:32 AM

2012-fisker-karma

Production of the Fisker Karma might finally resume within a year under the company’s new Chinese owners.

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 |  Feb 21 2014, 8:32 AM

vl-destino

Fisker’s new owners are teaming up with Bob Lutz to help make the V8-powered Karma a reality.

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 |  Feb 15 2014, 9:01 AM

wanxiang-buys-fisker

China’s Wanxiang Group has emerged as the winning bidder for Fisker’s assets, agreeing to pay $149.2 million for the American electric automaker.

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 |  Jan 11 2014, 11:56 AM

vl-destino-convertible-rendering

The Fisker Karma-based VL Destino convertible will make its debut at the 2014 Detroit Auto Show.

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 |  Jan 09 2014, 2:32 PM

Gone But Not Forgotten


Vehicles-Axed-in-2013-Main-Art

A lot went down in 2013. It was something of a banner year for the automotive business. Products continued to get better, sales steadily improved and alternative propulsion, whether in the form of electricity or diesel gained significant traction.

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 |  Jan 02 2014, 8:33 PM

wanxiang-fisker-bid

Wanxiang American Corp. has put in a “stalking horse” bid on Fisker, which is supposed to be sold to Hybrid Tech Holdings LLC for $25 million.

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 |  Dec 31 2013, 5:01 PM

fisker-karma

Henrik Fisker and the electric automaker’s former directors are being sued by Atlas Capital Management, an investor group that had purchased Fisker securities.

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 |  Nov 22 2013, 6:09 PM

fisker-karma

Fisker has filed for Chapter 11 bankruptcy protection as part of a restructuring plan and sale to an investor group.

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 |  Oct 19 2013, 5:02 PM

2013-Destino-exterior

VL Automotive’s plans to build a series of Corvette-powered revisions of the Fisker Karma range-extended electric vehicle is moving ahead.

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 |  Oct 18 2013, 7:32 AM

fisker-karma

The likely winner of the U.S. Department of Energy loan for Fisker is an investor group led by Hong Kong’s Richard Li.

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 |  Aug 23 2013, 5:54 PM

fisker-sunset

Beleaguered American electric automaker Fisker still hasn’t found a suitable buyer, though that may have just changed.

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 |  Jun 17 2013, 5:32 PM

fisker-karma

Fisker Automotive’s fall from grace has been well documented over the last couple of years, but now a report has surfaced showing just how much money the American electric automaker lost.

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 |  May 26 2013, 11:12 AM

henrik-fisker

Things may be looking grim for Fisker Automotive, but Henrik Fisker isn’t giving up on the brand he founded.

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 |  May 23 2013, 2:22 PM

fisker-emblem

Fisker’s fall from grace is well documented, and it appears that the value of the company is plummeting in the eyes of potential buyers.

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 |  May 20 2013, 10:31 AM

fisker-karma

While American electric car maker Fisker is still treading through some rough waters, owners of Karma models are now watching their vehicles’ resale value take a huge tumble.

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 |  May 06 2013, 5:05 PM

2012-fisker-karma

Former Vice Chairman of General Motors, Bob Lutz, has teamed up with Gilbert Villarreal to develop and sell the VL Productions Destino, which is essentially a Fisker Karma without the electric power.

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 |  May 01 2013, 6:05 PM

fisker-emblem

Fisker is all but wiped from the automotive landscape, and more information about the Energy Departments loan criteria is surfacing in the wake of the failure. 

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 |  Apr 23 2013, 2:20 PM

fisker-karma

The U.S. Department of Energy recovered $21 million from Fisker Automotive, the floundering company behind the Karma plug-in hybrid luxury car.

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 |  Apr 18 2013, 12:31 PM

fisker-karma-01

Niche luxury automaker Fisker laid off most of its workforce almost two weeks ago, but there could be updates on tap if the brand lasts into the 2014 model year.

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 |  Apr 08 2013, 8:31 AM

fisker-emblem

Fisker recently announced that it was letting go of about 160 of its employees, and now those workers are firing back with a lawsuit against the company. 

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