Fisker Automotive: The Rise and Decline of an American Electric Car Maker

It’s no secret Fisker Automotive is in trouble. The maker of premium electric cars is clinging to life by its fingernails. One more setback could send them plummeting into the fiery abyss of financial ruin. Still, even if they roll snake eyes the firm’s founder has more than a few thoughts on what future transportation will be like.

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Chinese Volvo Owner Likely to Buy Fisker

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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Fisker Entertaining Possible Suitors

Fisker seems to be falling on hard times, and a new report suggests the brand might be on the market with Chinese firm Dongfeng Motor Corp tossing a $350 million offer into the ring.

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Fisker Seeks Strategic Partners in China

Fisker is falling on some rough times and it appears that the American electric automaker is getting desperate, seeking strategic partners in China as well as funding.

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Fisker Production Halted for Over 6 Months

Production of the Fisker Karma luxury plug-in hybrid has been on hold for longer than six months, but the brand says its supply is still sufficient. 

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Fisker Sues Insurer for Cost of 300 Karmas Sandy Ruined

Exotic plug-in hybrid maker Fisker is suing XLGroup, its insurer, for the cost of 338 Karmas — roughly $33 million.

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Fisker Production Halted Until A123 Sale Concludes

For the last six months, Fisker hasn’t built a single car, and the American electric automaker doesn’t plan to until the sale of battery supplier A123 goes through.

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Fisker Planning to Partner With a Bigger Fish

Remora fish survive by attaching to sharks. Barnacle cling to boats and big rocks. Now, Fisker Automotive is planning similar tactics with a larger automaker.

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Fisker Seeks Partner After Tumultuous Year

After a rough year full of being in the spotlight for all the wrong reasons, Fisker is looking forward to 2013 and is hoping to turn the corner with a strategic partner.

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Former GM Marketing Head Joel Ewanick Joins Fisker

After a controversial exit from General Motors, Joel Ewanick has found a new home as interim chief commercial officer at Fisker Automotive.

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Fisker Reports $30 M Loss in N.J. Port From Sandy

Fisker is reporting that it lost $30 million in inventory after Superstorm Sandy flooded a New Jersey port.

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Toyota Prius Burns After Being Flooded by Sandy

Hurricane Sandy gave the Eastern portion of the United States a what for last week, not to mention the Caribbean and points far beyond. Amid all the destruction and misery the automotive industry was impacted in a number of ways. In particular, the safety of electric cars has been brought up.

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Fisker Offers Homebase for Hurricane Clean-up Crews

Toyota, Chevy and Nissan are already offering help to Hurricane Sandy victims, and now Fisker is offering a helping hand as well. 

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Fisker Karmas Burn After Being Submerged by Hurricane

A lot full of Fisker Karmas was exposed to the full brunt of Hurricane Sandy’s force, and after the storm cleared, 16 of them had caught fire, and burned out completely.

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Fisker Requests Delay of A123 Systems Bankruptcy Auction

Earlier this month, A123 Systems, the company that once supplied the battery technology for the Chevrolet Volt and Fisker Karma, announced its bankruptcy. Fisker is now asking the bankruptcy judge to delay the auction of the company.

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Fisker Bringing Barely Customized Cars to SEMA

Fisker will bring a selection of Karma sedans to SEMA in Las Vegas next week with very little customization.

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Fisker Atlantic Delayed Until 2014, or Later

After suffering numerous delays in getting its first car to market, Fisker Automotive has announced it will push back its launch date for the second model in its expanding lineup by as much as two years.

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Fisker Atlantic Pricing to Start Around $55,000

New information about the Fisker Atlantic is trickling out through Twitter, suggesting the car will come with a starting price in the $55,000 range

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Fisker Gets Funding, Atlantic Development Gets a New Lease on Life

The Fisker Atlantic debuted at this year’s New York Auto Show, but has been mostly unheard of since. For the last few months, the American automaker has been battling issues with its Karma model, while working hard on securing future funding.

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Fisker Karma Surpasses 2025 CAFE Standards

The National Highway Traffic Safety Administration recently finalized its 2025 fuel economy target under Corporate Average Fuel Economy (CAFE) and Fisker was proud to announce that its Karma model already surpasses that target.

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Fisker Karmas Charge to Break World Record

In what may be one of the most irrelevant world records, Fisker of the Netherlands organized a meeting of 45 Karmas, and set the record for the most EVs simultaneously charging all in one place.

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Fisker Karma Owner's Gathering Attracts 28

The largest gathering of Fisker Karma owners to date gathered this past weekend at the companies global headquarters in Anaheim, Calif. as part of an owners appreciation day. 

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Fisker Releases Q&A, Addresses A123 Battery Pack Exchange

It seems these days that there are a lot more questions for Fisker than the automaker can provide answers for, but in a recent town hall meeting with its customers, Fisker conducted a Q&A and published the responses.

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Tesla CEO Elon Musk Calls Fisker Karma Overpriced, "Mediocre"

Tesla and Fisker are essentially polar opposites right now, despite both specializing in developing luxury electric vehicles for the automotive industry. Tesla CEO Elon Musk has never shied away from speaking his mind, and the bold CEO has been highly successful in developing his businesses.

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Fisker Karma Recalled to Fix Fire Concerns

Uh oh. If this doesn’t cause Fisker Karma owners to be up in arms over their expensive purchase, we might be convinced that they’re the most patient, forgiving people on this planet.

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Fisker Seeks Additional $150 M in Investment Funds

Unlike exotic EV maker Tesla’s relative success story, Fisker’s has been one riddled with scandal and financial scrambling, the latest of which sings to the tune of $150 million.

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Fisker Karma Fires Addressed by Automaker

After reports of two Fisker Karma sedans spontaneously combusting, the brand has issued a statement regarding the fires. 

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Justin Bieber Proves Nobody Knows What a Fisker Is

Justin Bieber’s chrome-wrapped Fisker Karma looks more like a spaceship to the general public than what CEO Henrik Fisker would probably prefer: a car identifiable with his brand. 

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Leonardo DiCaprio Partners With Fisker to Promote Green Living

Fisker automotive is teaming up with Hollywood star Leonardo DiCaprio to promote global sustainability.

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Fisker DOE Loan Questioned by GOP Senators

Government loans to Fisker are under fire by a pair or Republican senators who disagree with tax dollars going to a company that is owned, in part, by a foreign country.

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Fisker Partners With Penske to Open Extra Dealership

Even though Fisker has its own dealerships, it couldn’t hurt the up and coming company to open up one more. Now with Penske’s help, Fisker will have an additional dealership in Arizona.

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Fisker Karmas Recalled for Battery Coolant Leak

Fisker will recall a selection of its Karma exotic EVs because of a possible battery coolant leak, just one of many problems plaguing the automaker in its short history.

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Fisker's Sold Over 1,000 Karmas This Year

Overall it has been a very tumultuous year for Fisker. First, its Karma model flatlines during Consumer Reports testing, then it’s blamed for a house fire and now NHTSA has launched a probe as a result of that fire incident.

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NHTSA Launches Fisker Karma Fire Probe

Following a Texas garage fire that burned a Fisker Karma, the National Highway Traffic Safety Administration is now conducting an official investigation into the matter. 

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Fisker Atlantic Leaked Document Reveals Specs, Production Delay

Investor information on the mostly-mysterious Fisker Atlantic is shedding a little light on what’s actually going on with the controversial company’s second car

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Fisker Refutes Garage Fire Accusation

In the least surprising announcement of the year, Fisker is denying that the accusations leveled at the Karma supposedly responsible for a garage fire in Sugar Land, Texas are accurate. 

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Fisker Karma Fire Not From Battery: Expert Says

When a Texas home was scorched earlier this week, authorities blamed the Fisker Karma for starting the fire in the garage. At the time it seemed clear that the car did start the fire, but how that happened was less obvious.

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Fisker Karma Blamed for House Fire

A crime of opportunity, or was a Fisker Karma really to blame for the fire in a Texas home?

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Hydrogen Cars and Who is Making Them

Electric cars may have arrived, but the search for the perfect alternative fuel is still in progress. There are still a few major issues that keep battery powered vehicles from replacing the internal combustion engine.

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NHTSA To Hold Safety Meeting On Electric Vehicle Lithium-Ion Batteries

A series of very public Li-ion defect related incidents have caused the National Highway Traffic Safety Administration’s (NHTSA) decision to hold a meeting with automakers and battery suppliers with regards to the safety of the new technology.

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Republican Senators Question Fisker Government Loan

As we head towards a presidential election, green vehicle subsidies are proving a political hot topic. One of the latest, concerns Fisker Automotive’s $529 U.S. Government loan to help it move forward with vehicle development and production.

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Fisker Delaware Plant Sees More Layoffs, is Absolutely Empty

The debut of the Fisker Atlantic may have silenced critics for some time, but it appears that the American automaker isn’t doing as well as they want us to believe.

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Top 10 Cars of the 2012 NY Auto Show

Over the past few years Lexus has been referred to as a Japanese Buick, with the number one reason being the ES front-drive luxury sedan – a car that drew direct comparisons with the not-quite-Cadillac GM premium brand. To erase those comparos the new 2013 ES gets a more stylish exterior with a GS-themed front nose and a profile more like the flagship LS.

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Chrome-Wrapped Fisker Karma is Bieber's Latest Toy

Call him what you want: JBiebz, the Biebernator, JB, or Justin. How ever you say it, Canada’s most identifiable teen is easy to spot. Just look for the hordes of drooling prepubescent girls who flock after him like Cookie Monster chasing the Keelber Elf. 

If that’s not enough, or in the rare event he gives them the slip, the ever-ostentatious Justin Bieber will still be blindingly visible thanks to his recent automotive sacrilege.

It seems the Stratford lad didn’t like his recently-received Fisker Karma birthday present in its original color so he turned to West Coast Customs, of MTV fame, to turn the car into a rolling mirror.

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Fisker Atlantic May Not Be Produced in Delaware Plant

The Fisker Atlantic debuted at the New York Auto Show this week shedding light that the once mythical Project Nina was indeed a reality. And while it was believed that the Atlantic would be produced at its Wilmington, Delaware facility, Fisker’s CEO announced that “the whole plan has changed.”

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Fisker Atlantic Video, First Look: 2012 NY Auto Show

Originally code named Project Nina, Fisker Automotive unveiled its newest model on the eve of the 2012 NY Auto Show. Now called the Atlantic, it may be a concept car, but according to company co-founder Henrik Fisker it’s 90 of what the production car will be.

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Fisker Atlantic Targets BMW 3 Series With Green Power: 2012 NY Auto Show

With plenty of recent bad press, upstart environmental automaker Fisker focused on the positives and began a new chapter in the company’s history with the launch of a new concept car on the eve of the New York Auto Show.

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Fisker Atlantic Fully Revealed Ahead of New York Auto Show Debut

No folks, this isn’t an April Fools Joke. A pair of images of the Fisker Atlantic fully revealed has leaked and here is the previously called “Project Nina” in its fully glory.

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Fisker Project Nina Named 'Atlantic': New York Auto Show

The Fisker Project Nina was teased last week in sketch form, and it now has a name ahead of its official unveiling at the 2012 New York Auto Show.

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Fisker Battery Supplier A123 Systems Face Financial Obstacles

Earlier this month, Consumer Reports reported that a brand-new Fisker Karma plug-in hybrid electric vehicle with less than 200 miles on the odometer abruptly shut down. News of the defect spread quickly, causing Fisker engineers scrambling to identify and solve the problem as soon as possible in an attempt to curb any damage to consumer confidence. Investigators determined the cause of the issue as a flaw in the Fisker’s battery module, which is supplied by A123.

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Fisker Karma Battery Packs To Be Switched

Not long ago, Fisker Automotive took a public relations hit when a Karma battery failed during a Consumer Reports test, but its battery maker A123 Systems has now accepted responsibility and will replace all affected Karma packs at a cost of about $55 million.

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A123 Takes Blame for Fisker Karma Glitch, Fisker Upgrades VIP Customer Care Package

With all the news buzzing around the Fisker Karma and its Consumer Reports fiasco, the American electric vehicle manufacturer finally spoke on the issue.

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Fisker Karma Performed Properly in Consumer Reports Testing, CEO Says

The infamous Fisker Karma that shut down during Consumer Reports‘ testing performed exactly as it was meant to, according to Tom LaSorda, the company’s new CEO.

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Former Fisker Employee Says Karma Pushed to Market Prematurely

UPDATE: The Fisker employee in question was revealed to be a Fisker retailer employee and not someone who would have inside knowledge of the company. Fisker addressed the claim, saying the information divulged by that individual is untrue. The former employee now works with EV maker Coda.

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Fisker Karma Returns To Consumer Reports Fleet

The Consumer Reports Fisker Karma test vehicle which broke down on them last week has now been returned to the fleet after spending 48 hours at a Fisker dealerhsip.

During a routine speedometer test the Karma began to flash a warning light and a chime to alert the driver that something was amiss. Once the car came to a stop the Consumer Reports testers could not get the vehicle to shift into any gear other than park and neutral.

The nearest Fisker dealership was alerted of the issue, and sent a flatbed to pick up the car. Consumer Reports says that the dealership found a fault with the battery and the inverter and both of them were replaced.

With a new battery and new inverter cable the car has been returned to the test fleet problem free… for now.

Watch the video below of the Karma breaking down on Consumer Reports.

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Fisker Karma Flatlines During Consumer Reports Testing – Video

Well this is just embarrassing. American electric automaker  Fisker has had some pretty bad months recently, starting with a  recall back in December, to reports of the company running out of funds, that has lead to the  delay of Project Nina and then possible reports that the  Karma could brick.

The automaker was probably hoping some good press would come with Consumer Reports putting the Karma to the test, looking to prove to the world that it is indeed a formidable plug-in hybrid especially at its hefty $107,850 price tag. That can just go out the window now, as Consumer Reports has reported that with less than 200 miles on the odometer their Karma has broken down.

The breakdown occurred while Consumer Reports was doing a speedometer calibration run on their test track, something they do for every test car. The calibration simply has the vehicle driving at a constant speed of 65-mph between two measured points. During one of its runs, “the dashboard flashed a message and sounded a ‘bing’ showing a major fault,” according to Consumer Reports.

They promptly took the vehicle off the track and parked it, rummaging through the owner’s manual to determine what may have occurred. Unfortunately after that, the Karma refused to let them shift the vehicle into any gear. The electronic shifter would only allow Park or Neutral.

The vehicle sat for about an hour before they restarted it hoping for better luck. This time around, it allowed them to put it into gear but it only moved a few feet before the error message appeared again and the Karma disabled itself. The dealer promptly sent out a flatbed tow truck to pick up the disabled Karma, which was almost 100 miles away from the dealership.

It’s disheartening to see all this funding going towards the Fisker brand and very little positive news has surfaced from the vehicle. It will be interesting to see what Consumer Reports publishes if they ever get the vehicle drivable for more than a couple of days.

Watch their video below

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Fisker Karma Resistant, Not Immune to Bricking

Following the Tesla ‘bricking’ story from last week, we reached out to Fisker to see if its cars are prone to becoming a useless block on four wheels. 

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Justin Bieber Gets a Fisker Karma for His 18th Birthday

When teen heartthrob Justin Bieber (aka the Biebs) is spotted around town, its usually behind the wheel of a Bentley or Ferrari. But from now on, he’ll likely be piloting his newest toy; a responsible means of transportation given to him on the occasion of his 18th birthday.

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Fisker Nina Lacks Funding, Project on Hold Again

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.

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Tom Lasorda Named New Fisker CEO

Fisker Automotive announced today that former Chrysler head Tom LaSorda will replace the company’s namesake, Henrik Fisker, as the new CEO.

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