Fisker Back, Chinese Owner Promises Success

Fisker Back, Chinese Owner Promises Success
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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...

V8-Powered Fisker Convertible Heading for Detroit Auto Show Debut

V8-Powered Fisker Convertible Heading for Detroit Auto Show Debut
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The Fisker Karma-based VL Destino convertible will make its debut at the 2014 Detroit Auto Show. Continue Reading...

Vehicles Axed in 2013

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Vehicles Axed in 2013
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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...

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...

Fisker Founder, Former Directors Sued by Investors

Fisker Founder, Former Directors Sued by Investors
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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 Karma Lost at Least $35,000 Per Car Sold: Report

Fisker Karma Lost at Least $35,000 Per Car Sold: Report
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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...

Fisker Karma Resale Values Plummet

Fisker Karma Resale Values Plummet
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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...