Two owners have divided up the remains of Erik Buell Racing, spinning it off into two separate businesses. And at least one of them is intent on continuing EBR's motorcycle manufacturing operations.
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 Finland. Nothing official has yet been announced, but Delaware Online is now saying that it's even money that Delaware to play a role in Fisker's phy
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 reasons were given, but in a statement sent to Autocar, the official word is:
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 insider sources close to Fisker.
Fisker Automotive has had a tough year, making the news for everything from recalls to presidential politics – Mitt Romney called the company a "loser" during the debates – to a car catching on fire to Justin Bieber chroming his Karma plug-in hybrid (PHEV) and then getting paparazzi involved in a crash as they chased after him.
"Cars have become an appliance... And on top of that, you start feeling a bit guilty about driving a car, because it pollutes, you use a lot of gasoline." These are the words of Henrik Fisker, car designer and the man who startes his own automobile company which currently builds and sells the extended-range electric Karma sedan.
"Cars have become an appliance... And on top of that, you start feeling a bit guilty about driving a car, because it pollutes, you use a lot of gasoline." These are the words of Henrik Fisker, car designer and the man who startes his eponymous automobile company, which currently builds and sells the extended-range electric Karma.
Releasing its first-ever business report, Fisker Automotive announced today that the company's revenues for the first four months of 2012 exceeded $100 million and that total funding in the company has exceeded a billion dollars. Not bad for a company that only has one product, the plug-in hybrid Karma that has received plenty of critical press and driver reception. Oh, and recalls. Speaking of the Karma, Fisker has already found homes for 1,000 of them since starting deliveries last December.