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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.
 |  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 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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 |  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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 |  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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 |  Mar 18 2013, 7:02 PM

fisker-emblem

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.

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 |  Feb 18 2013, 1:15 PM

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.

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