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Fisker News

Fisker is a joint venture company between Fisker Coachbuild and Quantum Technologies to produce a plug-in hybrid called the Karma. The Karma has a claimed range of about 50 miles before a range-extending gas engine begins recharging the batteries.

Fisker Vehicles:

Indicates a Reviewed Model
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    Fisker
    Fisker and Galpin Auto Sport to introduce 'Ultimate American Muscle Car' in LA
    1414068240

    Henrik FIsker is stepping back onto the stage at a major auto show. We just aren't exactly sure what he's doing there yet. The mysterious news comes courtesy of the press conference listing for the 2014 Los Angeles Auto Show. It shows Fisker in back-to-back presentations to debut vehicles on November 20 from 11:05 to 11:30 AM. The first is with Galpin ...

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    Fisker
    Former Fisker CEO has some advice for Tesla Motors
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    Former Fisker Automotive CEO and ex-Chevrolet Volt vehicle-line director Tony Posawatz has some words of caution for Tesla Motors. The long-time automaker executive questions the California automaker's long-term viability – and gives some praise – in a talk with Benzinga, which you can listen to below. While the all-wheel-drive D that Tesla ...

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    Fisker
    New Fisker Karma will look a lot like the old one
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    Fisker Automotive appears to be wrangling up its proverbial ducks and properly aligning them again after halting production nearly two years ago. After filing for bankruptcy, the Chinese company Wanxiang, like an angel made of money, scooped up the maker of the Karma range-extended electric sports car for the sizeable sum of $149.2 million. Now, Wanxiang ...

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    Fisker
    Spy Shots: Lutz's Fisker-based WM Destino caught in Death Valley testing with changes
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    New spy shots make it look like Bob Lutz's idea to convert the Fisker Karma into a fire-breathing sports sedan called the Destino might not be vaporware after all. Two of them were recently spotted testing in Death Valley sporting changes that make them appear closer than ever to actually going on sale. The idea behind the Destino was always fantastic. ...

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    Fisker
    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 wrong, sure, as they do with any vehicle, but when the ...

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    Fisker
    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 billion in annual revenue, Automotive News says. Billion ...

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    Fisker
    Report: Fisker's new owner working out Karma's 250 'bugs' before introducing second model
    1406642460

    Fisker may be down, but it might not stay down forever. The company behind the Karma luxury hybrid shut down late last year and was purchased by Chinese OEM supplier Wanxiang Group, which intends to restart production. It just can't tell us when. Speaking with Automotive News Europe, Wanxgiang executives indicated they have some work on their hands, ...

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    Fisker
    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 company, Fisker Automotive. Lu is the chairman and founder of ...

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    Fisker
    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 billion in claims, and they're not happy with how the ...

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    Fisker
    Report: Fisker could be renamed when production restarts in 2015
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    The Orange County Register has an update on Wanxiang's plans for Fisker, and it starts with the idea that you would see brand new Karmas back on the road in mid-2015. From there the goals get less certain, the OCR saying the Surf station wagon "could ship in 2016" and the mid-priced Atlantic "might come in 2017." The targets came from an interview with ...

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    Fisker
    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 happen in Michigan or that Valmet would get going again in ...

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    Fisker
    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 company's asset auction which was won by China's Wanxiang Group ...

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    Fisker
    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 approved to borrow from its presumed future owner, Wanxiang ...

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    Fisker
    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 pictures that the company is ready to make the Atlantic PHEV ...

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    Fisker
    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 bankrupt extended-range plug-in maker, though. That's because ...

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    Fisker
    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 apparently frantic bidding, Wanxiang drove away the winner with a ...

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    Fisker
    Bob Lutz named chairman at Via Motors
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    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 and perhaps as an advisor to Wanxiang and Fisker ...

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    Fisker
    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 Karma back online as quickly as possible." "We will want to ...

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    Fisker
    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 times the amount Fisker itself sought to recover from ...

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    Fisker
    Fisker assets will be auctioned tomorrow, here's the situation today
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    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 emergency motion in court last week that would have lifted an ...

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