Fisker

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 »

 

2 affiliates of electric-car maker Coda seek bankruptcy protection

12:49 pm U.S. ET | June 11, 2013
Two affiliates of failed California electric-car maker Coda Automotive filed for chapter 11 bankruptcy protection in another sign of the challenges facing the green car industry.... Read More »

 

Former Fisker chairman Ray Lane leaves board as bidders circle automaker

4:06 pm U.S. ET | May 28, 2013
Ray Lane, a key investor and former chairman of Fisker Automotive, left the company's board of directors late last week, Kleiner Perkins Caufield & Byers confirmed on Tuesday.... Read More »

 

Lutz touts, then bids on, Fisker

12:01 am U.S. ET | May 27, 2013
Bob Lutz, the former product chief at General Motors, has seen a lot of four-door sedans in his 81 years. So people took note when Lutz rhapsodized about the Fisker Karma in an April 26 blog on Forbes.com.... Read More »

 

Henrik Fisker joins Hong Kong tycoon on Fisker bid, report says

May 24, 2013 16:59 CET
Henrik Fisker is working with an investor group to salvage Fisker Automotive, the plug-in hybrid automaker he co-founded nearly six years ago that is now struggling to stave off bankruptcy, people familiar with the matter told Reuters this week.... Read More »

 

Henrik Fisker joins Hong Kong tycoon on Fisker bid, report says

10:59 am U.S. ET | May 24, 2013
Henrik Fisker is working with an investor group to salvage Fisker Automotive, the plug-in hybrid automaker he co-founded nearly six years ago that is now struggling to stave off bankruptcy, people familiar with the matter told Reuters this week.... Read More »

 

LaSorda, Penske launch venture fund for tech startups

1:00 pm U.S. ET | May 23, 2013
Tom LaSorda, the former CEO of Chrysler and Fisker Automotive, has started a new venture capital fund -- with investors that include auto racing and retailing executive Roger Penske -- that will invest in startup companies in health care, clean energy, transportation, information technology, software and applications.... Read More »

 

Tesla pays back balance of DOE loan

10:48 am U.S. ET | May 22, 2013
Tesla Motors said it paid off the entire balance of its federal government loan given as part of a Department of Energy program to spur development of alternative energy vehicles.... Read More »

 

Lutz's VL Automotive, Chinese supplier bid for Fisker, report says

May 22, 2013 06:01 CET
A boutique carmaker led by a former GM executive Bob Lutz and China's largest auto parts supplier submitted an offer to buy cash-strapped automaker Fisker Automotive, people familiar with the matter told Reuters.... Read More »

 

Lutz's VL Automotive, Chinese supplier bid $20 million for Fisker, report says

2:02 pm U.S. ET | May 21, 2013
A boutique carmaker led by a former GM executive Bob Lutz and China's largest auto parts supplier submitted an offer of $20 million to buy cash-strapped automaker Fisker Automotive, people familiar with the matter told Reuters today.... Read More »

 

Ex-battery maker B456 wins court approval for bankruptcy plan

3:19 pm U.S. ET | May 20, 2013
B456 Systems, the bankrupt electric-car battery maker formerly called A123 Systems, won court approval of a plan to exit bankruptcy that pays creditors from the proceeds of selling virtually all its assets.... Read More »

 

FINAL ASSEMBLY

Fisker's funk causes prices to plunge

12:01 am U.S. ET | May 6, 2013
This isn't just a tough time for Fisker Automotive (a Chapter 11 filing seems likely); it's also rough out there for anyone trying to sell a new or used Karma hybrid luxury sedan.... Read More »

 

Big plans, bad karma: How Fisker fell apart

12:01 am U.S. ET | April 29, 2013
The roots of Fisker Automotive's precarious state go back several years, to a time when the company and the Department of Energy established unrealistic sales goals for an unknown automaker working with tricky hybrid technology.... Read More »

 

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