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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.
 |  Jul 28 2014, 1:32 PM

2012-fisker-karma

For Wanxiang, job one at Fisker is fixing roughly 250 bugs with the Karma luxury car before production can resume. After that, the goal is to launch a second model.

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 |  Mar 13 2014, 7:22 AM

fisker atlantic

Do you believe in second chances? Chinese automotive group Wanxiang certainly does.

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 |  Feb 24 2014, 9:32 AM

2012-fisker-karma

Production of the Fisker Karma might finally resume within a year under the company’s new Chinese owners.

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 |  Feb 21 2014, 8:32 AM

vl-destino

Fisker’s new owners are teaming up with Bob Lutz to help make the V8-powered Karma a reality.

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 |  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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 |  Jan 29 2013, 5:15 PM

Wanxiang Group’s purchase of A123 Systems Inc. has been approved by the U.S. government, despite concerns of sensitive technology being transferred to China.

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 |  Jan 22 2013, 7:02 PM

Bankrupt battery manufacturer A123 Systems expects its sale to Chinese firm Wangxiang to be complete in a little over a week.

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 |  Dec 10 2012, 12:31 PM

A year riddled with controversy for electric cars is winding down, but not without at least one more flare up — Chinese firm Wanxiang Group won the bidding war for A123 Systems.

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 |  Dec 06 2012, 7:32 PM

Bankrupt battery maker A123 Systems was scheduled to go up for auction today behind closed doors at a Chicago law firm, but the list of bidders is likely to cause trouble.

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