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First Drive: 2012 Fisker Karma

Hollywood, Your Plug-In Hybrid Electric Has Arrived Business partners Henrik Fisker and Bernhard Koehler are visibly on edge. While they want to dedicate every ounce of their focus on this all-important launch of their first baby, the 2012 Fisker Karma, their attentions are being constantly pulled away from it by big conference calls regarding the money and logistics of launching the whole Fisker Automotive franchise. Are they really and truly answering a $95,900-$108,900 question with this bold effort that enough people are asking? It's clear they just want us to fall in love with th... Read More

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    Fisker Karma
    Report: Bob Lutz predicts Fisker-based VL Destino will world's fastest sedan [w/video]
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    Ever look at an EV or a dedicated hybrid and wonder what it'd be like with a conventional, high-output V8 under the hood instead of all those batteries and circuit boards? Bob Lutz and Gilbert Villareal did when it came to the Fisker Karma. The result is the Destino from VL Automotive – a vehicle that Lutz says could be the fastest sedan in the ...

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    Fisker Karma
    Fisker, Quantum pairing up to relaunch Karma PHEV
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    The upcoming relaunched Fisker Karma will look a lot like the old one. Turns out, the brains of the car will share a lot with the old Karma as well. Fisker (and its new owner, Wanxiang) and Quantum Technologies have announced a deal worth over $5 million. Quantum is going to license its plug-in hybrid control software to Fisker in exchange for $2 million ...

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    Fisker Karma
    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 Karma
    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 Karma
    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 Karma
    New Fisker owner Wanxiang is a $23-billion-a-year auto parts company
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    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 Karma
    Report: Fisker's new owner working out Karma's 250 'bugs' before introducing second model
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    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 Karma
    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 Karma
    Destino's VL Automotive merges with GreenTech Automotive
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    Here's a twist to the Fisker/Destino/MyCar stories we didn't see coming. WM Greentech (WMGTA), the company behind the struggling-but-not-dead-yet MyCar, has merged with VL Automotive, the company that plans to take bodies from the Fisker Karma and repurpose them with a V8 engine. That car will now be part of GTA's new WM Destino brand. That latter idea ...

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    Fisker Karma
    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 Karma
    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 Karma
    New Fisker claims 50-50 chance it will build cars in Delaware
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    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 Karma
    Wanxiang officially acquires Fisker Delaware plant for $18 million
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    Perhaps Wanxiang is serious about finally, actually re-starting plug-in hybird Fisker production. One of the first big official steps that The New Fisker has taken, other than putting up a new website, is to buy that old disparaged General Motors plant new Newport, DE for $18 million. Technically, the Delaware plant was included in the Fisker Automotive ...

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    Fisker Karma
    Did Katy Perry really just buy five Fisker Karma PHEVs for her employees?
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    We'll admit it, this is a strange little story. California Gurls singer Katy Perry was apparently so smitten by the California automaker Fisker that she bought five of the company's plug-in hybrid Karma for members of her staff. Reports say that she spent $500,000 dollars on the cars. Of course, this might all be nonsense. Everyone is saying that the ...

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    Fisker Karma
    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 Karma
    The New Fisker website goes live, says Karma warranties limited to $2,000
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    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 Karma
    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 bankrupt extended-range plug-in maker, though. That's because ...

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

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

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    Fisker Karma
    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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