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. Continue Reading...
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Under its new Chinese owner, Fisker might be back to selling its plug-in hybrid luxury sedans by next year. Continue Reading...
Do you believe in second chances? Chinese automotive group Wanxiang certainly does. Continue Reading...
Production of the Fisker Karma might finally resume within a year under the company’s new Chinese owners. Continue Reading...
Fisker’s new owners are teaming up with Bob Lutz to help make the V8-powered Karma a reality. Continue Reading...
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. Continue Reading...
The Fisker Karma-based VL Destino convertible will make its debut at the 2014 Detroit Auto Show. Continue Reading...
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. Continue Reading...
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...
Henrik Fisker and the electric automaker’s former directors are being sued by Atlas Capital Management, an investor group that had purchased Fisker securities. Continue Reading...
Fisker has filed for Chapter 11 bankruptcy protection as part of a restructuring plan and sale to an investor group. Continue Reading...
VL Automotive’s plans to build a series of Corvette-powered revisions of the Fisker Karma range-extended electric vehicle is moving ahead. Continue Reading...
The likely winner of the U.S. Department of Energy loan for Fisker is an investor group led by Hong Kong’s Richard Li. Continue Reading...
Beleaguered American electric automaker Fisker still hasn’t found a suitable buyer, though that may have just changed. Continue Reading...
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. Continue Reading...
Things may be looking grim for Fisker Automotive, but Henrik Fisker isn’t giving up on the brand he founded. Continue Reading...
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. Continue Reading...
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. Continue Reading...
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. Continue Reading...
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. Continue Reading...
The U.S. Department of Energy recovered $21 million from Fisker Automotive, the floundering company behind the Karma plug-in hybrid luxury car. Continue Reading...
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. Continue Reading...
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. Continue Reading...
It sounds like American startup automaker Fisker is near extinction, as it is being reported that the company has laid off as many as 160 workers. Continue Reading...