Henrik Fisker and company have managed to do the impossible by making the Dodge Viper even more aggressive in the form of the new VLF Force 1 V10, unveiled at the 2016 Detroit Auto Show.
Galpin Auto Sport and Henrik Fisker made big promises about the Rocket before its debut at the Los Angeles Auto Show today, calling it the "ultimate American muscle car." Now that this 725-horsepower carbon-fiber Ford Mustang has officially been revealed, we've now got a chance to see if their vision backs up all the bluster.
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 executives.
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 Department).
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, where else do you get to hear a House of Representatives member (Gerald Connolly, D-VA) say the hearing was
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 company's first repayment, of $10 million out of the roughly $192 million that the company took (it was originally granted a $529 million loan but n