Skip to main content

fisker

  • 0
    Report: New Fisker Karma spare parts coming soon
    1409234280

    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 ...

  • 0
    Report: New Fisker owner Wanxiang is a $23-billion-a-year auto parts company
    1407506340

    If you thought early Fisker Karma buyers like celebrities Leonardo DiCaprio and Cee Lo Green had deep pockets, get a load of the company's new owners. China's Wanxiang Group, which earlier this year acquired the extended-range plug-in vehicle maker in a bankruptcy auction, generates more than $23 ...

  • 0
    Read This: New Fisker owner ready to go broke building EVs, challenging Tesla
    1400538480

    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 ...

  • 0
    Report: Fisker creditors want a repayment do-over
    1399299240

    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 ...

  • 0
    Report: New Fisker claims 50-50 chance it will build cars in Delaware
    1397836260

    As soon as the bankrupt Fisker Automotive started crawling back from the dead, rumors that the new owners would restart production of the Karma plug-in hybrid crawled as well. We've heard that the car would be built in the old General Motors plant the company owns in Delaware, that it would ...

  • 0
    Report: Hybrid Tech just made $65 million from bankrupt Fisker loan
    1397600760

    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 ...

  • 0
    Report: Fisker will borrow $5M from Wanxiang as interim solution
    1394288940

    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 ...

  • 0
    Official: The New Fisker website goes live, says Karma warranties limited to $2,000
    1394212440

    If there's any question where Wanxiang hopes to take the remains of Fisker Automotive, just take a look at The New Fisker, a fresh official website for the bankrupt automaker. While the text available there hedges about just when and how the company will restart production, it is clear from the ...

  • 0
    Report: Almost $1 billion in claims filed against bankrupt Fisker
    1393622820

    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 ...

  • 0
    Exclusive: Why the $142M Fisker sale won't help DOE loan get its $168M back
    1393286220

    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 ...

  • 0
    Official: Bob Lutz named chairman at Via Motors
    1392939000

    Bob Lutz is staying very busy. The ex-vice chairman of General Motors, and champion of the Chevrolet Volt, has been named chairman of the board at Via Motors. Lutz will need to squeeze that in between his role as senior advisor at vehicle interior designer Katzkin, being an owner at VL Automotive ...

  • 0
    Report: Wanxiang wants to restart Fisker Karma production as quickly as possible
    1392836460

    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 ...

  • 0
    Report: Wanxiang wins bid for Fisker at $149.2 million
    1392494100

    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 ...

  • 0
    Report: Fisker assets will be auctioned tomorrow, here's the situation today
    1392154080

    The remains of Fisker Automotive - which might not even include the name and logo - are supposed to finally be sold off tomorrow, but the scene before the auction is anything but clear. As as reminder, the two bidding parties are Wanxiang and Hybrid Tech Holdings. Hybrid Tech was denied an ...

  • 0
    Read This: The billionaire's passion behind Wanxiang's Fisker bid
    1390589880

    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 ...

  • 0
    DC SHOW: DOE Secretary Moniz announces $50 million for cleaner vehicles, sees upside in Fisker loan failure
    1390409880

    The Washington Auto Show started today with an announcement by US Department of Energy Secretary Ernest Moniz about a new, $50-million boost for the DOE's work on supporting more fuel-efficient vehicles. The $50 million, Moniz said, will support advanced vehicle technologies. $30 million will go ...

  • 0
    Report: Fisker bankruptcy auction scheduled for February 12
    1389999780

    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 ...

  • 0
    Report: Will Bob Lutz's VL Automotive really offer V8 conversions for Tesla Model S?
    1389994080

    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 ...

  • 0
    Report: Hybrid Technologies LLC increases Fisker bid to $55 million
    1389713340

    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 ...

  • 0
    Report: Judge rules Fisker assets will be auctioned in February
    1389619860

    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 ...

Loading

Loading
Autoblog iPhone App