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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:

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    Breaking: Fisker PR team and many other employees face layoff this morning [UPDATE]
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    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
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    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
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    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
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    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 ...

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    DOE still has $16.6 billion left in ATVM loan program
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    The US Government Accountability Office (GAO) is questioning why Department of Energy (DOE) loan funds are not paying out as planned. The participation hurdle is high, and there's about $16.6 billion in green vehicle loan appropriations going unused, the GAO found. The funds come from DOE's 2005 Loan Guarantee Program and its Advanced Technology Vehicles ...

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    As Fisker leaves his company, he buys brand-new Karma plug-in hybrid
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    Well at least Henrik Fisker is putting his money where his mouth is. Or was. The co-founder of his eponymous California-based extended-range plug-in vehicle maker, who resigned as executive chairman and left the company last week, did his former company a solid and bought a Fisker Karma from a Santa Monica, CA, dealer to replace his company car, the ...

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    Podcast: Autoblog Podcast #325
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    Twin-turbo Cadillac CTS, 2014 Mercedes-Benz S-Class, Henrik Fisker resigns, Judge calls speed cameras a scam, the cars of Fast & Furious 6 Episode #325 of the Autoblog Podcast is here, and this week, Dan Roth, Zach Bowman and Jeff Ross talk about Cadillac's new twin-turbo V6, our first look at the 2014 Mercedes-Benz S-Class, the resignation of Henrik ...

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    Submit your questions for Autoblog Podcast #325 LIVE!
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    We're set to record Autoblog Podcast #325 tonight, and you can drop us your questions and comments via our Q&A module below. Subscribe to the Autoblog Podcast in iTunes if you haven't already done so, and if you want to take it all in live, tune in to our UStream (audio only) channel at 10:00 PM Eastern tonight. Discussion Topics for Autoblog Podcast ...

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    Fisker fails to draw Geely bid after all [UPDATE]
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    Last week, Fisker Automotive lost its namesake and co-founder Henrik Fisker because of "several major disagreements" between the designer-turned-automaker and other executives. After that blow, could there be any more bad news out there? Maybe, if you consider the mooted takeover of the California-based plug-in luxury automaker by the Chinese Zhejiang ...

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    Opinion: Fisker's Farewell
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    Not The First, Nor The Last Dreamer To Fail Like DeLorean and Preston Tucker before him, Fisker underestimated the amount of capital it takes. The departure of Henrik Fisker from his self-named car company adds yet another name to the list of dreamers who thought they could be successful automakers. Whether or not he goes down in history a Gaston ...

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    The Game buys four Fisker Karmas for himself, friends
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    With friends like The Game, who needs Geely? The Los Angeles-based hip-hop artist (née Jayceon Terrell Taylor) recently bought a Cranberry-hued Fisker Karma extended-range plug-in vehicle for himself, then purchased three more of the $100,000 vehicles for his buddies. The Game posted the news on his Twitter feed last week, calling Fisker "The most ...

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    Henrik Fisker resigns due to "major disagreements" with other execs [UPDATE]
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    The last time we talked to Henrik Fisker, he was a non-stop stream of optimism about the company he cofounded to build luxury plug-in hybrid automobiles. This, despite a ton of negative developments for the company in 2012. His outlook has taken a turn, apparently, since Fisker has reportedly resigned from the company that bears his name. No detailed ...

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    Fisker says A123 is discounting its debt levels
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    Fisker Automotive is accusing battery maker and former vendor A123 Systems of funny math after the latter company filed documents of its debt levels with the US Bankruptcy Court, Reuters says. The California-based maker of the extended-range plug-in Karma says A123 owes it more than $212 million, much of that coming from warranty breaches (and ensuing ...

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    Followup: Fisker reportedly drops $33MM lawsuit over Sandy damaged cars
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    In the wake of Superstorm Sandy hitting the east coast, Fisker Automotive and insurer XL Insurance wound up in a legal battle over 338 Karma models destroyed in the storm. The cars were sitting in Port Newark, New Jersey when the enormous storm struck, washing away $33 million worth of viable automobiles. Fisker sued XL Insurance in New York State Supreme ...

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    Like Jeep, Fisker Twitter account briefly hacked, offers way to lose body fat
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    In the overall scheme of things, having your Twitter account hacked isn't as bad as a flood or a fire. So, perhaps the "The Fastest Way To Lose BodyFat in (2)Weeks" tweet that Fisker Automotive sent out today isn't going to cause anyone to lose sleep, especially since it was almost instantly fixed. Not long after the body fat tweet went out, someone at ...

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    Word of China's Geely leading bids for Fisker draws criticism from senator
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    Money isn't the only problem Fisker Automotive has with making more Karma plug-in hybrids (see: battery supply), but the California startup may soon have the cash to help resume production of its $100,000 plug-in luxury sedan. Zhejiang Geely Holding Group has the edge in taking a majority stake in the troubled automaker, according to two confidential ...

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    Fisker may get $350 million bid from China's Dongfeng
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    Fisker Automotive may receive a $350 million acquisition bid from China-based automaker Dongfeng Motor Corp., Bloomberg says, citing people familiar with the process. Dongfeng would buy about 85 percent of the California-based maker of the $100,000 Karma extended-range plug-in, the wire service reports. Fisker spokesman Roger Ormisher tells Bloomberg ...

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    In deep with Henrik Fisker: Despite floods and fires, "I think we're beating the odds"
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    Let's be clear: Fisker Automotive had a pretty bad 2012. Let's be clear: Fisker Automotive had a pretty bad 2012. A flood, fires and recalls continued to dog the start-up automaker. Then, one of the men trying to become President of the United States called the company a loser in a very public setting. For the last three months, the company didn't ...

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    Fisker Karma drivers averaging 150 MPG*
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    One of the big criticisms of the Fisker Karma is that the heavy beast isn't exactly efficient. A curb weight of 5,300 pounds is one reason why the EPA says, when running on premium gas, the Karma gets just 20 miles per gallon combined (and 20 city/21 hwy). When you throw electricity into the mix, the Karma is rated at 54 MPGe combined. All other plug-in ...

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    Fisker nearly giving away a Karma with ... Captain Planet?
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    The best deal ever on a $100,000 Fisker Karma? Just $500! Well, almost. The trick is that what we have here is the chance to buy a raffle ticket for $500 and then play the odds. Captain Planet Foundation is offering a two-year lease on a Karma, and only 200 will be sold altogether (150 remain). Raffle sales end on tax day – April 15, 2013. The ...

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