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Fisker

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    Report: Fisker bankruptcy auction scheduled for February 12
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    Will the long, twisted tale of Fisker Automotive and it bankruptcy assets finally end on February 12? It might, because that's the date a bankruptcy court has now set for an auction to let the bidders decide who will take home the plug-in automaker's goods. The auction will be held at the law ...

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    Report: Will Bob Lutz's VL Automotive really offer V8 conversions for Tesla Model S?
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    VL Automotive is closely tied up with Fisker. The company's first product, the Destino, is a converted Karma and the Destino Red Concept, just unveiled at the Detroit Auto Show, is the same hardtop Karma convertible that Fisker showed in 2009. So, what a surprise it was to see that Bob Lutz, who ...

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    Report: Hybrid Technologies LLC increases Fisker bid to $55 million
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    Will more money equal more Karma? In the continuing fight over the assets of extended-range plug-in vehicle maker Fisker Automotive, a Hong Kong-based investor is ready to up the stakes. Hybrid Tech Holdings has announced it will increase its bid for the maker of the Karma to $55 million. A ...

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    Report: Judge rules Fisker assets will be auctioned in February
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    The Fisker Automotive saga will continue until at least next month, now that a bankruptcy court judge has ruled that the automaker's assets will go up for auction in February instead of being acquired flat out by a Hong Kong investor. Wanxiang Group, which owns A123 Systems, is competing with ...

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    Report: Wanxiang increases Fisker bid by $10m, hints at Delaware production
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    Just before a judicial hearing tomorrow on the fate of bankrupt Fisker Automotive, one of the two companies fighting over the company's remains, Wanxiang America Corp., said it is willing to increase its submitted bit by a cool $10 million in cash. Wanxiang is ready to bring its total starting ...

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    Report: Wanxiang's last-minute bid for Fisker could restart Karma production, add Atlantic hatchback [UPDATE]
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    The remains of bankrupt Fisker Automotive are supposed to be sold by the Department of Energy to Hybrid Tech Holdings LLC for $25 million. But, the new year brings a new possibility for the troubled plug-in hybrid automaker and now we hear that Wanxiang America Corp. wants to jump in at the last ...

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    Report: Fisker bankruptcy results in lawsuit against co-founder, $7.4m utility bill for taxpayers
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    Fisker Automotive took its sweet time filing for bankruptcy, waiting well over a year between building its last car and calling it quits. In the time since the bankruptcy filing just over a month ago, though, it's been a busy on the Fisker news front. A lot of documents have been revealed and ...

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    Breaking: Fisker finally files for bankruptcy, new owner could build more Karmas
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    After 18 months of not building any vehicles, plug-in vehicle company Fisker finally threw in the Chapter 11 towel today, filing for bankruptcy protection. The Department of Energy sold its Fisker assets to Hybrid Tech Holdings LLC for $25 million, at a reported $139-million loss. Other reports ...

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    Read This: Why some people still buy Fisker Karmas
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    Some people get socks, ties or cakes for their birthdays. Others get Fisker Karmas. They're a little different from the rest of us. Green Car Reports managed to track down two Georgia residents who recently threw a bit of caution to the wind and bought two new Fiskers despite the fact that the ...

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    Report: DOE auctioning off Fisker's $168-million loan
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    If you've ever wanted to buy Fisker Automotive – not just a Karma, but the whole company – the opportunity is coming. The federal government is looking for a buyer for the automaker's $168 million Department of Energy debt note. That number comes from the original loan commitment of ...

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    Report: Germans investors Fritz Nols AG officially submits Fisker bid to DOE
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    Fisker Automotive may have an investor that could pull the struggling extended range Karma-maker off life support. Two German investors have made an offer that's been signed and "on the table," according to a Facebook post by Ingo Voigt, one of the two investors. "I am proud to tell you that we ...

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    Rumormill: Fisker CEO Tony Posawatz steps down, Bernhard Koehler steps in
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    The position of CEO of Fisker has once changed hands. In early 2012, company co-founder Henrik Fisker stepped down and Tom LaSorda took the position. LaSorda gave it up in August of that year to former Chevy Volt honcho Tony Posawatz. It's now twelve months later, and Posawatz is reportedly ...

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    Read This: Vehicle Production Group's bad DOE loan put up for auction
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    The US Department of Energy (DOE) is trying out a new solution to loans that have flopped – auctioning them off. A $50-million loan previously award to Vehicle Production Group LLC (VPG) through the Advanced Technology Vehicles Manufacturing loan program (ATVMP) has gone unpaid. VPG, a ...

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    Report: Fisker Karma plays big money status symbol in 'Paranoia' movie
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    Actor Liam Hemsworth has been in the news lately for his rocky relationship with Miley Cyrus. Now, it looks like his character in an upcoming thriller – also starring Harrison Ford and Gary Oldman – isn't having much better luck with his choice of cars. Paranoia, which comes out ...

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    Report: US House votes to keep $25b DOE loan program alive
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    In the "it may be broke, but we ain't fixing it" department, the US government has decided not to shutter the $25 billion Department of Energy loan program geared to accelerate advanced-powertrain technology development, the Detroit News reports. Given the opportunity to cut a mere $6 million in ...

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    Report: China's BAIC looking over Fisker assets for possible purchase
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    It looks like Beijing Automotive Industry Holding Corp. (BAIC), which was recently reported to be taking a look at unnamed European automakers for a potential acquisition, has come to this side of the Pond. The latest news is that BAIC is targeting extended-range plug-in vehicle maker Fisker ...

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    Report: Fisker bankruptcy likely, says once-positive Delaware Governor
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    Delaware Governor Jack Markell gave business leaders a decidedly negative take on two possible futures for Fisker Automotive: bankruptcy or a negotiated settlement to pay off the $170 million it owes in federal loans at a reduced rate. Neither sounds very good for the governor of the state that ...

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    Read This: Internal documents show Fisker lost $35,000 on each Karma
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    Anyone looking for a chilling plug-in vehicle warning tale should check out this detailed Reuters article, which digs into the financial history of Fisker Automotive and reveals that the company lost around $35,000 per vehicle. That number comes from "internal financial statements and interviews ...

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    Report: Did Fisker put too much blame on A123 Systems for overall failure?
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    Bad business partner or scapegoat? When it comes to battery maker A123 Systems and its role in Fisker Automotive's troubles, one conveniently anonymous source says its the former, alleging that the extended-range plug-in vehicle maker had plenty of problems of its own, Fox Business ...

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    Video: What $20 million means to both Tesla and Fisker
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    When is $20 million not equal to $20 million? When, for some, it's an interest payment and, for others, it's all someone else thinks they're worth. Here's how that one number means two totally different things to two different green car companies. Speaking to Bloomberg Television about the early ...

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