Henrik Fisker

Fisker assets spur Chinese duel with patents as top prize

Feb. 7, 2014 06:01 CET
Two Chinese-backed companies are locked in a bidding war, culminating next week, to take over bankrupt carmaker Fisker Automotive. The prize is 18 patents and a possible toehold in the U.S. and Chinese markets.... Read More »

 

Fisker's remains spark Chinese battle for patent prize

12:34 am U.S. ET | Feb. 6, 2014
Two Chinese-backed companies are locked in a bidding war, culminating next week, to take over bankrupt Fisker Automotive Holdings.... Read More »

 

Fisker auction set for Feb. 12 by U.S. bankruptcy court

12:48 pm U.S. ET | Jan. 17, 2014
A Chinese auto parts maker and a Hong Kong businessman will square off in an auction for Fisker Automotive, the defunct maker of a plug-in hybrid sports car, a Bankruptcy Court judge ruled today.... Read More »

 

U.S. judge clears way for China's Wanxiang to bid for Fisker

3:47 pm U.S. ET | Jan. 10, 2014
A federal bankruptcy judge rejected a planned sale of Fisker Automotive to a Hong Kong tycoon, opening the way for China's largest auto parts company to buy the defunct maker of the Karma plug-in hybrid sports car.... Read More »

 

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 »

 

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'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 »

 

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 »

 

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 »

 

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 »

 

Fisker, Energy Department blasted over loan to struggling firm

4:07 pm U.S. ET | April 24, 2013
Struggling Fisker Automotive took a bludgeoning today on Capitol Hill from top congressional Republicans who compared Fisker to failed automotive startups of the past and lambasted the Department of Energy for allowing the electric car producer to draw down nearly $200 million in taxpayer-funded loans.... Read More »

 

Henrik Fisker: 'Confluence of events' led to company's downfall

April 24, 2013 06:01 CET
Henrik Fisker's testimony before the U.S. Congress today will paint the automaker he founded as a victim of "a confluence of events" and as an enterprise that is capable of being saved.... Read More »

 

Henrik Fisker: 'Confluence of events' led to company's downfall

3:29 pm U.S. ET | April 23, 2013
Henrik Fisker's congressional testimony on Wednesday before the House Oversight and Government Reform Committee will paint the automaker he founded as a victim of "a confluence of events" and as a still-salvageable enterprise.... Read More »

 

Energy Department recovers $21 million from Fisker

6:12 pm U.S. ET | April 22, 2013
The Department of Energy says it recovered $21 million in cash from struggling Fisker Automotive that will go toward repaying nearly $200 million in loans extended under a federal program to spur advanced vehicle development.... Read More »

 

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