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    Report: New Fisker Karma spare parts coming soon
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    It's easy to fall in love with the Fisker Karma based on looks alone. Figure in the luxury interior, electric drivetrain, and the convenience of the extended range, and it's hard to fault anyone who took the plunge and plunked down their hard-earned dollars for this swank green machine. Things go ...

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    Read This: New Fisker owner ready to go broke building EVs, challenging Tesla
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    Now this is the kind of fighting spirit we like to see. Lu Guanqiu is a Chinese billionaire who has visited the White House alongside Chinese president Hu Jintao in 2011. He's worth an estimated $3.1 billion. And he wants to take on Tesla Motors and other EV makers with his newly purchased ...

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    Report: Fisker creditors want a repayment do-over
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    In February, the Chinese company Wanxiang won control of Fisker Automotive at a bankruptcy auction for a final bid of $149.2 million. The sale meant that Wanxiang would now have to deal with all of the creditors claiming that Fisker owed them money. Those individuals and groups had a combined $1 ...

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    Report: Hybrid Tech just made $65 million from bankrupt Fisker loan
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    We can now see at least one possible reason for why Hybrid Tech Holdings LLC bought the US Department of Energy's loan to Fisker Automotive last year for $25 million. The purchase is apparently worth $90 million today. The number is part of a settlement agreement that has come out of the ...

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    Report: Fisker will borrow $5M from Wanxiang as interim solution
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    It may seem like a drop in the bucket compared to the approximately $1 billion in liabilities bankrupt automaker Fisker Automotive has against it, but every bit helps. In this case, it's a smidgeon less than $5 billion. That's how much the maker of the Karma extended-range plug-in is getting ...

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    Report: Almost $1 billion in claims filed against bankrupt Fisker
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    You may have scoffed when the US Department of Energy sold the rights to its $168 million outstanding Fisker Automotive loan to Hybrid Tech Holdings last December for just $25 million, or about 15 cents on the dollar. It turns out that might be the going rate for anyone with claims against the ...

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    Exclusive: Why the $142M Fisker sale won't help DOE loan get its $168M back
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    At the beginning of 2014, it looked like Hybrid Tech Holdings LLC was going to buy the remains of Fisker Automotive for $25 million. Just before that sale was to take place, however, Wanxiang stepped in and an auction was therefore scheduled for the middle of February. After 19 rounds of ...

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    Report: Wanxiang wants to restart Fisker Karma production as quickly as possible
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    It appears that Wanxiang America's $149.2-million acquisition bid was about more than just owning the assets of Fisker Automotive. The Chinese auto parts maker is apparently serious about getting the Karma plug-in hybrid luxury vehicle back on the production line. "We will want to get the ...

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    Report: Wanxiang wins bid for Fisker at $149.2 million
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    Fisker Automotive has been sold, ladies and gentlemen. According to Automotive News, Wanxiang from China won the company after a few tense days of bidding between it and Hybrid Tech Holdings from Hong Kong. The winning bid came in at $149.2 million, which, rather interestingly, is almost six ...

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    Read This: The billionaire's passion behind Wanxiang's Fisker bid
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    If it weren't for billionaire Lu Guanqiu, founder of Chinese auto parts giant Wanxiang Group, the Fisker Automotive bankruptcy bailout deal might have closed earlier this month. Hong Kong tycoon Richard Li, along with Li's affiliate company Hybrid Tech Holdings, assumed their offer was going to ...

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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: 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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    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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    Breaking: Ecotality files for bankruptcy as Nissan steps in with $1.25m in support
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    As expected, Ecotality is bowing out. The electric vehicle charging station maker just filed for bankruptcy protection and plans to auction off its assets next month. Ecotality and five affiliates filed for Chapter 11 protection Monday at the US bankruptcy court in Phoenix, AZ. The charging ...

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    Report: Ecotality could face new lawsuits over charger, loan issues
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    Investors have had enough of Ecotality, Inc., and are taking legal action. The Rosen Law Firm, PA, has filed a lawsuit on behalf of Ecotality stockholders in New York and the Law Offices of Howard G. Smith, based in Bensalem, PA, is investigating potential claims on behalf of purchasers of ...

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