Wanxiang Group

China's Wanxiang to relaunch Fisker Karma with 2012 design, report says

4:32 pm U.S. ET | Sept. 18, 2014
Chinese auto parts producer Wanxiang Group, which bought electric car pioneer Fisker Automotive from bankruptcy, is accelerating the relaunch of Fisker's Karma hybrid luxury car by using a design from the company's last year of production, people close to the companies said....
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PLUGGING IN

Chinese supplier lays plans to revive Fisker and give itself a jolt

12:01 am U.S. ET | Aug. 4, 2014
If Lu Guanqiu has his way, his Wanxiang Group will bring the Fisker Karma back to life and establish the Chinese supplier as a high-profile coach-builder in the United States. There are big ifs. But Lu is not accustomed to failure....
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Fisker's Chinese owner plans 2nd model after Karma output resumes

5:51 pm U.S. ET | July 25, 2014
The Chinese owner of Fisker Automotive hopes to launch a second model that would join the $100,000 Karma luxury plug-in hybrid in three years, according to the company’s chairman....
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Fisker's new owner: 'I'll burn as much cash as it takes'

12:01 am U.S. ET | May 26, 2014
The Chinese auto parts magnate who bought Fisker Automotive at a bankruptcy auction in February has nursed a desire to build cars since the 1980s. Now, Lu Guanqiu, the billionaire chairman and founder of Wanxiang Group, China's largest supplier, is getting his chance....
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Merger links Lutz's VL with Virginia governor's EV venture

5:24 pm U.S. ET | May 6, 2014
VL Automotive, a sports car start-up founded by Detroit 3 veteran Bob Lutz, has merged with EV venture GreenTech Automotive to bring its Fisker Karma-based Destino car to market....
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Former Fisker creditors seek OK to file liquidation plan

3:49 pm U.S. ET | May 2, 2014
Creditors of the former Fisker Automotive Holdings are seeking permission to file their own liquidation plan for the defunct maker of luxury plug-in hybrids cars, saying the company is insisting on terms that would harm unsecured creditors and put plan-approval at risk....
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Next big thing for A123 may be shift to small batteries

12:01 am U.S. ET | April 21, 2014
Now that battery-maker A123 Systems has the same corporate parent as Fisker, the supplier's strategy might seem clear: make lithium ion battery packs for electric vehicles. Not so fast. CEO Jason Forcier is eyeing a bigger target....
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China's Wanxiang wins bidding for Fisker

6:34 pm U.S. ET | Feb. 14, 2014
China’s Wanxiang Group won an auction for Fisker Automotive with a $149.2 million bid, almost six times what Fisker was seeking when it filed for bankruptcy. Wanxiang topped Hybrid Tech Holdings during the auction, which began on Wednesday and went through 19 rounds of bidding....
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Fisker bidder taps former Ford of Europe exec Leach to bolster management

Feb. 10, 2014 17:25 CET
A Hong Kong bidder for Fisker has hired former Ford of Europe executive Martin Leach in anticipation of winning a bankruptcy auction for the assets of the defunct maker of a plug-in hybrid sports car....
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Fisker bidder taps former Ford exec Leach to bolster management

11:25 am U.S. ET | Feb. 10, 2014
A Hong Kong bidder for Fisker Automotive has hired former Ford executive Martin Leach in anticipation of possibly winning Wednesday's bankruptcy auction for the assets of the defunct maker of a plug-in hybrid sports car....
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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....
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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....
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Fisker seeks rejection of Chinese suitor it blames for its bankruptcy

3:49 pm U.S. ET | Jan. 2, 2014
Fisker Automotive, the bankrupt maker of a plug-in hybrid sports car, asked a federal judge to approve its proposed sale to a Hong Kong tycoon rather than a Chinese suitor that Fisker alleged was to blame for its failure....
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No. 1 store empowers, retains employees

No. 1 store empowers, retains employees

Texas dealer Greg May encourages his staffers to provide input and solve problems on their own. Mon., October 20
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