FiskerChina's Geely won't make final bid for Fisker stake, report says 8:33 am U.S. ET | March 18, 2013  China's Zhejiang Geely Holding Group will not bid for a majority stake in Fisker Automotive mainly due to the troubled U.S. electric car maker's obligations to the U.S. government, according to two sources familiar with the matter.... Read More »
Fisker without Fisker: What's next? 12:01 am U.S. ET | March 18, 2013  What happens to Fisker Automotive now that Henrik Fisker is gone? Having produced no cars since last summer and scrambling to find new investors, Fisker's fate may be to pawn its technology and assets to Chinese automaker Zhejiang Geely.... Read More »
DAVE GUILFORD While U.S. shrugs, China sees gold in green tech 1:32 pm U.S. ET | March 14, 2013  I'm on the outside looking in, of course, but it's not real hard to figure out what's probably happening at Fisker Automotive. Co-founder Henrik Fisker quit his namesake company this week, citing disagreements with management.... Read More »
Henrik Fisker quits Fisker Automotive in dispute with management 10:41 am U.S. ET | March 13, 2013  Henrik Fisker, the former BMW designer who co-founded Fisker Automotive, has resigned from the plug-in hybrid car maker, citing discord with company executives. Fisker, who has been executive chairman for the past 13 months, wrote in an e-mail that the main reasons for his departure were “several major disagreements” with “Fisker Automotive executive management on the business strategy."... Read More »
Henrik Fisker resigns as executive chairman of Fisker AutomotiveMarch 13, 2013 16:41 CET  Henrik Fisker, the former BMW and Aston Martin designer who founded Fisker Automotive, has resigned as the U.S. plug-in hybrid maker's executive chairman. He cited "major disagreements" over strategy with the struggling company's executives.... Read More »
FINAL ASSEMBLY Sources say Geely leads in fight for Fisker 12:01 am U.S. ET | Feb. 25, 2013 Zhejiang Geely, which owns Volvo, leads the bidding to take over Fisker Automotive, sources tell Reuters.... Read More »
Fisker, insurance firm drop suit over $33 million in Sandy-related losses 5:04 pm U.S. ET | Feb. 21, 2013 Fisker agreed to end a lawsuit against XL Insurance America over the loss of more than 300 luxury cars worth about $33 million that were destroyed in Superstorm Sandy, according to a court filing.... Read More »
Fisker technology shouldn’t go to the Chinese, U.S. senator says 10:02 am U.S. ET | Feb. 20, 2013  The technology of Fisker Automotive, the plug-in hybrid carmaker that owes American taxpayers about $200 million, shouldn’t be sold to Chinese companies, Senator Charles Grassley said.... Read More »
Geely leads China bids for Fisker, report says 6:00 am U.S. ET | Feb. 18, 2013  China's Geely is favored to secure a majority stake in electric carmaker Fisker, according to sources. Fisker is said to be weighing bids from Chinese automakers Geely and Dongfeng.... Read More »
Geely leads China bids for Fisker, report saysFeb. 18, 2013 12:00 CET  China's Geely is favored to secure a majority stake in electric carmaker Fisker, according to sources. Fisker is said to be weighing bids from Chinese automakers Geely and Dongfeng.... Read More »
Fisker weighs offers from possible suitors, including Dongfeng, report says 11:05 am U.S. ET | Feb. 15, 2013  Fisker Automotive, the plug-in hybrid carmaker seeking a buyer, is weighing several bids, including a $350 million offer from Dongfeng Motor that would give the Chinese carmaker majority control, people with knowledge of the matter told Bloomberg.... Read More »
Renault, Dacia want to expand in fast-growing market for online car salesFeb. 12, 2013 06:01 CET  The Renault and Dacia brands plan to aggressively expand their online car sales, taking advantage of a trend in vehicle retailing that is expected to grow rapidly this decade.... Read More »
FINAL ASSEMBLY China said to set its sights on EV players 12:01 am U.S. ET | Feb. 4, 2013 China's official enthusiasm for electric vehicles has Chinese companies looking for acquisitions that could help feed the country's EV frenzy -- should it actually occur.... Read More »
More electric car loans 'remains to be seen,' Chu says 3:52 pm U.S. ET | Jan. 31, 2013  Energy Secretary Steven Chu said it "remains to be seen in the future" whether about $16 billion in available federal government loans to develop alternative-technology vehicles will be disbursed.... Read More »
Wanxiang interested in aiding Fisker after A123 purchase 8:04 am U.S. ET | Jan. 31, 2013 Chinese supplier Wanxiang Group, which just won approval to acquire battery maker A123 Systems, said it now wants to help support A123's main customer, Fisker Automotive, the financally troubled plug-in hybrid sports car maker.... Read More »
Fisker hires turnaround specialistJan. 30, 2013 06:01 CET  Fisker Automotive, the plug-in hybrid maker that's seeking a partner or a buyer, hired a turnaround special to help manage day-to-day operations during negotiations.... Read More »
Fisker hires consultant to help conserve cash during strategic review 3:50 pm U.S. ET | Jan. 29, 2013  Fisker Automotive, the plug-in hybrid sports car maker that’s seeking a partner or a buyer, hired Huron Consulting Group to help manage day-to-day operations during negotiations.... Read More »
NICK BUNKLEY Pony up $1,000, get an Elio t-shirt ... maybe a discounted 3-wheeled car 4:11 pm U.S. ET | Jan. 24, 2013  Elio Motors this month revealed plans to reopen the former GM plant in Shreveport, La., where it will pay 1,500 workers 50 percent more than new hires at GM earn to build $6,800, three-wheeled vehicles that get 84 mpg.... Read More »
Fisker seeks salvation in China, report says 4:46 pm U.S. ET | Jan. 11, 2013  Top executives at Fisker Automotive are scouring Asia - in particular, China - for funding and strategic partners that are viewed as crucial to the automaker's success, four people familiar with the matter said. Top brass of the California-based company are expected to attend next week's Detroit auto show, a key industry event, to keep tabs on the competition and talk to potential customers.... Read More »
2012 LISTS OF 10 Blunders 12:01 am U.S. ET | Dec. 31, 2012 A look at some of the notable gaffes from the past year.... Read More »
2012 LISTS OF 10 10 fine designs 12:01 am U.S. ET | Dec. 31, 2012  Great design is in the details. Here we note 10 fabulous fine points found on production vehicles that were unveiled or went on sale in 2012.... Read More »
Fisker sues XL over hybrid cars wrecked by Superstorm Sandy 8:33 pm U.S. ET | Dec. 28, 2012 Fisker Automotive has sued XL Group Plc after being denied insurance coverage over flooding from Superstorm Sandy that destroyed 338 of its Karma plug-in hybrids, worth about $33 million, at a Port Newark, N.J., shipping facility.... Read More »
LINDSAY CHAPPELL On the mpg front, 2012 had some fizzle 12:01 am U.S. ET | Dec. 28, 2012  This was supposed to be a big year in the push for better auto fuel economy. Electric vehicles and hybrids were supposed to make giant strides in 2012.... Read More »
Fisker won't restart production until A123 sale clears 6:35 pm U.S. ET | Dec. 11, 2012  The short-term future of Fisker Automotive could hinge on the outcome of Chinese auto parts maker Wanxiang's controversial quest to acquire bankrupt U.S. battery maker A123 Systems.... Read More »
Fisker sees partnership next year 12:01 am U.S. ET | Dec. 10, 2012  Fisker Automotive's CEO, warning of the pitfalls facing independent small automakers, says the luxury plug-in hybrid manufacturer is poised to partner with other automakers next year.... Read More »
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