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.
Plug In Hybrid Sales
JATO Dynamics, a UK-based supplier of "automotive intelligence," reports that government subsidies and other monetary incentives have not significantly boosted plug-in vehicle sales in Europe.
Boston Consulting Group (BCG), in its upcoming report titled "Powering Autos to 2020," has toned down its estimated plug-in vehicle penetration in response to significant improvements to the internal combustion engine.
As we've touched upon before, it's often wise to turn to suppliers if you're searching for an accurate prediction regarding the future of the automotive industry. Why? Because suppliers must get ready for a changing industry and be prepared to deliver products as needed. If suppliers don't have the production capacity to meet demand, then automakers may have to temporarily halt plans, shift to in-house production or delay a vehicle's launch until supply can catch up.