Fisker name dropped in favor of Elux, Karma relaunch pushed back
New rumors says that Wanxiang will get rid of the Fisker name and replace it with Elux and that the Karma PHEV relaunch is being pushed back to 2016.
New rumors says that Wanxiang will get rid of the Fisker name and replace it with Elux and that the Karma PHEV relaunch is being pushed back to 2016.
The latest word from the subcontinent has it that Henrik Fisker is visiting India to lay the groundwork for a new joint venture. But with whom, and to what end?
Galpin Auto Sport and Chris Bruce
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.
UPDATE: An earlier version of this post incorrectly credited Henrik Fisker with designing the Tesla Model S. While Fisker was contracted for design work early in the development of the Model S, Tesla ultimately rejected his design in favor of Franz von Holzhausen's. Mention of the Tesla Model S has been removed from the list of Fisker's designs below.
Fisker Automotive took its sweet time filing for bankruptcy, waiting well over a year between building its last car and calling it quits. In the time since the bankruptcy filing just over a month ago, though, it's been a busy on the Fisker news front. A lot of documents have been revealed and reported on, and now there is a new lawsuit filed against company co-founder Henrik Fisker (pictured) and other former
Anyone looking for a chilling plug-in vehicle warning tale should check out this detailed Reuters article, which digs into the financial history of Fisker Automotive and reveals that the company lost around $35,000 per vehicle.
Struggling to save Fisker Automotive from the of talons of bankruptcy, Henrik Fisker has teamed up with Hong Kong billionaire Richard Li to offer to purchase the company's outstanding U.S. Department of Energy's (DOE) advanced vehicles loan for just a fraction of its $171 million balance (the company was originally loaned $192 million, but $21 million was seized last month by the Energy Depar
With a title like "Green Energy Oversight: Examining the Department of Energy's Bad Bet on Fisker Automotive" it was no surprise that the slant of today's Congressional hearing by the House Oversight subcommittee on Economic Growth, Job Creation, and Regulatory Affairs was overwhelmingly negative. In fact, for over three hours, it was perhaps the definition of political theater. After all, whe
As we get ready for a Congressional hearing later today, news of money that Fisker Automotive owes to the US government is on the mind of regulators and the public. Therefore, the US Department of Energy has announced that it did recently collect $21 million from the struggling automaker. The DOE says that the $21 million was paid back April 11. The compan
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.
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 wh
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.
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.
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.
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 C
Henrik Fisker, former Executive Chairman of luxury plug-in hybrid carmaker Fisker Automotive, has resigned from the company he helped to found in 2007. Citing "several major disagreements...with the Fisker Automotive executive management on the business strategy," in a statement sent to Autocar, Fisker announced his resignation, eff
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
Let's be clear: Fisker Automotive had a pretty bad 2012.