Chinese supplier Wanxiang makes last-minute Fisker bid

1:23 pm U.S. ET | Dec. 31, 2013
A unit of Wanxiang Group, China's largest auto parts company, made a surprise bid for Fisker Automotive just days before the bankrupt maker of the Karma plug-in hybrid sports car was to be sold to a Hong Kong tycoon, according to court documents....
Read More »


Fisker founder, former directors sued by investor over collapse

1:39 pm U.S. ET | Dec. 30, 2013
Fisker Automotive founder Henrik Fisker and the hybrid carmaker's former directors were sued by investor Atlas Capital Management LP over $2 million in losses it allegedly suffered in the bankrupt company's collapse....
Read More »


Fisker won't build cars at former GM plant, Del. senator says

12:34 pm U.S. ET | Dec. 19, 2013
Fisker Automotive, the bankrupt electric-car maker, won't use a shuttered GM plant it bought in Delaware even if its new owner resumes production, Delaware Senator Tom Carper said today....
Read More »


Fisker's quick sale through bankruptcy remains on track

6:47 pm U.S. ET | Dec. 10, 2013
Fisker might not be making its plug-in Karma sports cars anymore, but it still knows speed. The company's lawyers convinced a bankruptcy judge on Tuesday that its Chapter 11 should proceed at an unusually rapid pace....
Read More »


Fisker sale may come by Jan. 3

12:01 am U.S. ET | Dec. 2, 2013
Fisker Automotive Inc., the hybrid-car maker that failed after losing a U.S. government loan, may be sold by Jan. 3 under a schedule approved by the judge overseeing its bankruptcy case....
Read More »


Fisker sale may be approved Jan. 3, bankruptcy judge says

3:34 pm U.S. ET | Nov. 26, 2013
Fisker may be sold by Jan. 3 under an accelerated schedule approved by the judge overseeing its bankruptcy case. U.S. Bankruptcy Judge Kevin Gross on Tuesday approved a faster-than-normal sale process for the company, which filed for bankruptcy on Nov. 22....
Read More »


Lutz: Corvette-powered Karmas coming in 2014

12:04 pm U.S. ET | Oct. 18, 2013
VL Automotive, a Detroit venture backed by former General Motors' vice chairman Bob Lutz, is moving ahead with plans to convert Fisker Karmas from hybrid power to Corvette power....
Read More »


Hong Kong tycoon likely winner of U.S. loan to Fisker, report says

10:04 pm U.S. ET | Oct. 17, 2013
An investor group led by Hong Kong tycoon Richard Li is the likely winner of a government loan owed by Fisker Automotive, the now-dormant maker of plug-in hybrid sports cars, people familiar with the matter told Reuters on Thursday....
Read More »


Fisker loan heads to auction block as U.S. seeks bids

1:00 am U.S. ET | Oct. 11, 2013
The Department of Energy will consider bids to purchase Fisker Automotive's government loan on Friday in what could be the start of a lengthy and expensive process to revive the dormant green-car startup....
Read More »


Fisker's green energy loan headed for auction block, U.S. says

5:59 pm U.S. ET | Sept. 17, 2013
Following the failure of Fisker Automotive to repay federal loans, the Department of Energy will try to unload its loan in the plug-in electric car maker through an auction, the agency said Tuesday....
Read More »


Fisker's loan up for sale after missed payments to U.S., report says

12:18 pm U.S. ET | Sept. 16, 2013
Following the failure of Fisker Automotive Inc. to repay federal loans, the U.S. Department of Energy is trying to unload its loan in the plug-in electric car maker, either through a straight sale or through an auction, The Wall Street Journal reported....
Read More »


U.S. to resume alternative-vehicle loan program

4:04 pm U.S. ET | Aug. 27, 2013
A federal alternative-vehicle loan program criticized by Republican lawmakers for financing two failed startups will resume marketing to industry groups and possible applicants, the Energy Department said Tuesday....
Read More »


Special Report
Fewer bosses, Disney savvy, $2 idea lift stores

Fewer bosses, Disney savvy, $2 idea lift stores

A Chrysler Group dealership chain is stripping away layers of management to sell cars faster. A Chevrolet-Cadillac store is enchanting customers through Disney training. Mon., July 21
» Watch the Video
News by Brand

Rocket Fuel