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 |  Feb 29 2012, 9:31 AM

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Fisker’s newest project, the BMW 3 series rival named the Nina, has been placed on the backburner once again while the company tries to work out its financial woes.

Yesterday Fisker announced a shuffle of CEO’s, from Henrik Fisker to automotive industry veteran Tom Lasorda. The new direction is influenced by the mounting pressure placed on the company after it did not meet previously agreed upon loan conditions that were worked out with the US department of energy. Obviously Fisker is scrambling for any new direction that seems likely to turn the company around.

Project Nina is Fisker’s new hope, the car that the company needs to stay afloat and start making money again. The Fisker Surf, which is set to debut at the 2012 Geneva Motor Show, is also a beacon of hope for Fisker, although it seems less than likely that the station wagon will sell any better than the Karma that it shares its looks and platform with.

After layoffs and recalls, the folks at Fisker are having a rough go trying to get back on their feet. Henrik Fisker himself has said that he will fund the Nina project through private sources, but after all the bad news coming out of the Fisker camp lately, it seems highly unlikely that anyone would be willing to lend Henrik a few $100 million.

[Source: AutoCar]