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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.
 |  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 15 2014, 9:01 AM


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 02 2014, 8:33 PM


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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 |  Aug 23 2013, 5:54 PM


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

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 |  Apr 08 2013, 8:31 AM


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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 |  Oct 16 2012, 8:01 AM

After suffering numerous delays in getting its first car to market, Fisker Automotive has announced it will push back its launch date for the second model in its expanding lineup by as much as two years.

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 |  Sep 29 2012, 8:02 AM

The Fisker Atlantic debuted at this year’s New York Auto Show, but has been mostly unheard of since. For the last few months, the American automaker has been battling issues with its Karma model, while working hard on securing future funding.

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 |  May 16 2012, 1:37 PM

Investor information on the mostly-mysterious Fisker Atlantic is shedding a little light on what’s actually going on with the controversial company’s second car

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 |  Apr 24 2012, 8:32 PM

As we head towards a presidential election, green vehicle subsidies are proving a political hot topic. One of the latest, concerns Fisker Automotive’s $529 U.S. Government loan to help it move forward with vehicle development and production.

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 |  Apr 18 2012, 9:31 AM

The debut of the Fisker Atlantic may have silenced critics for some time, but it appears that the American automaker isn’t doing as well as they want us to believe.

The former General Motors plant in Delaware was acquired by Fisker in order to build its vehicles in America, but recently reports came in that production at Delaware wasn’t guaranteed. Now it appears that Fisker has laid off another dozen employees at the plant, making us believe that the Atlantic production will never take place there.

One of those employees that was laid off is Jeff Garland, who used to serve as community affairs and business development in Delaware. He was quoted as saying that the plant is “absolutely empty”, which makes sense considering Fisker had not installed its machined after taking out the old GM equipment. Chances are now that they probably never will.

“I think what happened was the budget numbers are so tight right now and they’re working so hard to preserve as much cash as they can that something had to give. We’re not making a car in Wilmington right now, so given that situation it was an obvious place to make a cut,” Garland said.

Fisker has had a rough last few minutes. Most recently, another recall was issued on its Fisker Karma for a battery glitch that surfaced as a result of a Consumer Reports test. Much of the skepticism on the future of Fisker comes from the fact that the automaker wasn’t able to secure the rest of its Department of Energy loan.

The continued layoffs doesn’t mean that Fisker is going under. Clearly the American automaker is working its hardest to survive, finding a way to produce its Atlantic in a cost-efficient manner. Hopefully what it showed off is enough to entice investors.

[Source: Delaware Online]

 |  Apr 10 2012, 10:30 AM

10. 2013 Lexus ES

Over the past few years Lexus has been referred to as a Japanese Buick, with the number one reason being the ES front-drive luxury sedan – a car that drew direct comparisons with the not-quite-Cadillac GM premium brand. To erase those comparos the new 2013 ES gets a more stylish exterior with a GS-themed front nose and a profile more like the flagship LS.

Swapping its Camry underpinnings for an Avalon platform it has, however, grown even more in size – a notable Buick trait. Plus, to challenge the eAssist mild-hybrid LaCrosse, there’s finally now an ES300h hybrid system getting 39 mpg average.

 |  Apr 05 2012, 8:23 PM

The Fisker Atlantic debuted at the New York Auto Show this week shedding light that the once mythical Project Nina was indeed a reality. And while it was believed that the Atlantic would be produced at its Wilmington, Delaware facility, Fisker’s CEO announced that “the whole plan has changed.”

Tom LaSorda, Fisker CEO, said that a decision on where the Atlantic will be produced won’t come until the end of summer, possibly putting another delay on the launch of the smaller electric sedan. With the turmoil that Fisker recently has gone through with its DOE loan, it’s no surprise that the American automaker is considering alternative options for production that could perhaps save manufacturing costs.

Even though the Delaware plant, a former General Motors assembly plant, is Fisker’s primary location, LaSorda did elaborate that there are other options available and that the automaker would do what’s best for the company and its shareholders. If Wilmington does become the Atlantic’s production destination, LaSorda said the plant could be ready to go “really quickly.”

At the New York Auto Show, Fisker announced that it had raised $132 million in private capital in the month of March and has not taken any DOE funds since May of last year.

“We are looking at other strategic partnerships. Everything is possible. We will make this car with or without the DOE,” said Fisker Executive Chairman Henrik Fisker.

GALLERY: Fisker Atlantic


[Source: Automotive News]

 |  Apr 04 2012, 6:58 AM

Originally code named Project Nina, Fisker Automotive unveiled its newest model on the eve of the 2012 NY Auto Show. Now called the Atlantic, it may be a concept car, but according to company co-founder Henrik Fisker it’s 90 of what the production car will be.

Fisker didn’t provide a timeline on when it hopes the car will make it to market and based on the numerous delays the brand’s first car, the Karma, took to launch, it could still be a while. Few exact details are know about the car, but at its reveal Henrik Fisker did provide some insight, as well as plenty of info on exactly just what its main competitors will be.

GALLERY: Fisker Atlantic Concept


For more on the Atlantic, watch the video below:

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 |  Apr 01 2012, 6:59 PM

No folks, this isn’t an April Fools Joke. A pair of images of the Fisker Atlantic fully revealed has leaked and here is the previously called “Project Nina” in its fully glory.

The Atlantic is believed to be the first of three models under the Project Nina umbrella, and according to previous reports will be powered by a BMW-sourced 2.0L turbocharged four-cylinder engine. No specifics have been released on its electric motor.

We’re just a matter of days away now from the official reveal at the New York Auto Show, where Fisker also plans to update everyone on how the business is operating during the last shaky months.

GALLERY: Fisker Atlantic



 |  Mar 30 2012, 6:32 PM

The Fisker Project Nina was teased last week in sketch form, and it now has a name ahead of its official unveiling at the 2012 New York Auto Show.

The new electric sedan from the American luxury automaker will be called the Fisker Atlantic according to an inside source. The four-door plug-in hybrid will be priced around the $50,000 range and will slide in under the existing Karma model at almost half the price. The source also confirmed that the Atlantic will be powered by BMW’s 2.0-liter turbocharged four-cylinder engine though no specifics have been released on its electric motor.

We’re guessing the Atlantic will either make or break the Fisker brand, especially with its recent battery recall on all of its Karma models. The lower price range might attract more consumers, but Fisker will still be fighting an uphill battle to ensure that its vehicles are reliable and the technology is sound. If it is successful, however, we could finally see Fisker broadening its model lineup to include a sporty coupe.

We’ll be reporting live from New York next week, paying close attention to what Fisker brings.

[Source: Carscoop]