Ever wanted a Fisker Karma? Feeling undeterred by the company's failure, political problems and probable bankruptcy? Now's your chance, as used Karmas are now selling for less than half of what they went for new.
Members of the House Oversight and Government Reform Committee today took turns alternately hammering or defending the U.S. Department of Energy's loans to sinking hybrid manufacturer Fisker Automotive. Not much was revealed about Fisker's current status, but there was plenty of what Congress is best at: partisan…
It hasn't been a very good week for flagging Fisker Automotive, but then again, neither have the last few weeks. On Monday they failed to make a scheduled $10 million loan repayment to the U.S. Department of Energy, and today, they will be brought before a Congressional oversight panel.
Here's a nice warm thought in case you're an American who filed your taxes recently: soon-t0-be-failed luxury hybrid manufacturer Fisker Automotive was allowed to receive loan money from the U.S. Department of Energy even after they violated the terms on multiple occasions, according to a new report.
Even though Fisker Automotive is basically screwed six days to Sunday with layoffs, lawsuits and a probable bankruptcy on the horizon, their problems are just beginning. Example: even more lawsuits because they can't pay their bills.
Well, that didn't take long. Mere hours after laying off most of their employees, beleaguered Fisker Automotive was hit with a federal lawsuit from their now ex-workforce alleging that the company failed to give advance notice of the layoffs as required by law.
Citing differences with management, Henrik Fisker is reportedly quitting Fisker Automotive, the company he co-founded in 2007.
Alongside Vice President Joe Biden, Fisker Automotive executives announced today they'll buy GM's now shuttered Wilmington, Delaware assembly plant to develop "Project NINA," an "affordable, family-oriented plug-in hybrid sedan." So, basically, GM's selling Fisker a factory to develop a Volt-killer.
According to Fisker Automotive, the company has emerged the victor in a lawsuit that pitted the niche hybrid automaker against Tesla Motors, the niche electric car automaker. The original lawsuit, brought by Tesla, alleged that Henrik Fisker stole designs for the Tesla Model S for his Fisker Karma Hybrid. Fisker…
