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:

Karma

Indicates a Reviewed Model

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Fisker owes $700,000 to landlord, web designer 1366206960

The Fisker Karma may be able to go 125 miles per hour, but the company making the extended-range plug-in doesn't appear to be outrunning its creditors. Fisker Automotive allegedly owes two creditors more than $700,000 on late bills, GigaOM says in two separate articles. GigaOM cites court papers that say the landlord of the company's Anaheim, CA, factory ...
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House Republicans will hold hearing on Fisker, Henrik asks for travel funds 1365720300

House Republicans have been critical of the Obama Administration over new-energy loans to companies such as Tesla Motors, and will hold a hearing later this month to discuss struggling California-based Fisker Automotive, the Wall Street Journal says. Representative Darrell Issa (R-CA), of the Government Reform and Oversight Committee, said he will also ...
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Podcast: Autoblog Podcast #328 1365551100

Autoblog long-term garage update, Fisker, Mini possibly dropping models, Detroit Electric, BMW X4 Episode #328 of the Autoblog Podcast is here, and this week, Dan Roth, Zach Bowman and Steven Ewing talk about the Autoblog Long-Term Garage, Fisker's troubles, Mini possibly shrinking its future product line, the reveal of the Detroit Electric SP:01, and ...
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Sarah Palin calls Tesla a 'loser,' which 'wounds' CEO Elon Musk 1365549960

Wasn't it the 2012 presidential race that featured Republican candidates disparaging electric vehicle companies? Well, yes, but that doesn't mean the 2008 vice presidential candidate (and Ex-Alaska governor) Sarah Palin can't do the same. In a Facebook post that bashed subsidies for advanced-powertrain vehicles like the Fisker Karma and Chevrolet Volt, ...
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Report: Fisker could file Chapter 11 as soon as this week 1365549300

Fisker Automotive looks to be headed towards bankruptcy protection. Automotive News reports the automaker could file Chapter 11 as soon as this week as the US Department of Energy attempts to get the company to give back around $200 million in federal loans. The manufacturer's lawyers have already drawn up the necessary paperwork and are ready to file ...
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Report: Fisker mass layoffs triggers federal lawsuit 1365339600

Turns out it's illegal to surprise three-quarters of your workforce with pink slips on a random Friday morning. Just before the weekend, Fisker Automotive furloughed 160 employees as "a necessary strategic step to... maximize the value of Fisker's core assets," which is lingo for trying to conserve as much cash and value as possible while the financially ...
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Breaking: Fisker PR team and many other employees face layoff this morning [UPDATE] 1365173940

The entirety of the public relations team at Fisker is about to be laid off. That's according to an email Autoblog received this morning from a credible source stating that the entire PR team, along with a large number of other Fisker employees will be furloughed at 8:00AM PST this morning. The luxury plug-in-hybrid car startup launched with a splash ...
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Fisker, A123 settle $140m supply claims for just $15 million 1365105360

Any self-respecting dealer would refuse to sell a Fisker Karma extended-range plug-in for a mere $12,000, but Fisker Automotive may be taking that approach with former battery supplier A123 Systems by settling for about 11 cents on the dollar in a bankruptcy-court claim. The California-based automaker settled with A123 Systems (which renamed its old ...
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Fisker CEO Tony Posawatz asks investors for patience, says new tech can take time 1364852700

Tony Posawatz, president and CEO of Fisker Automotive, recently made the case for how Fisker and other cleantech companies can find the right investors. Speaking at a conference in Santa Barbara, CA, Posawatz said new clean technologies take years to be adopted and investors should be patient. Posawatz was interviewed by Wall Street Journal's Alan Murray ...
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Fisker hires bankruptcy team after worker furlough 1364766900

After furloughing its US workers, Fisker Automotive has hired a law firm for a potential bankruptcy, Reuters reports, citing a person familiar with the process. Kirkland & Ellis is advising the California-based maker of the extended-range plug-in Karma for a potential bankruptcy filing, which hasn't produced a car in about eight months and is losing ...