Fisker Finds New Last Minute Bidder With Plans to Restart Production, Add New Models

Fisker Finds New Last Minute Bidder With Plans to Restart Production, Add New Models
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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. Continue Reading...

Geely Won’t Make Final Bid for Fisker Due to DOE Obligations

Geely Won’t Make Final Bid for Fisker Due to DOE Obligations
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China’s Geely was expected to finalize the sale of Fisker by mid-March, but the Chinese firm will no longer bid for a majority stake in the troubled American electric automaker. Continue Reading...

Chinese Volvo Owner Likely to Buy Fisker

Chinese Volvo Owner Likely to Buy Fisker
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Earlier this year, we reported that Fisker seemed desperate seeking strategic partners in China, and now it appears that the struggling American automaker could be selling a major stake to China’s Zhejiang Geely Holding Group. Continue Reading...