Fisker

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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Fisker boss will 'burn as much cash as it takes' as it takes on Tesla

7:05 am U.S. ET | May 19, 2014
The Chinese billionaire who bought Fisker Automotive Holdings Inc. at a bankruptcy auction is planning to build a new slate of electric-drive cars in the United States, challenging Tesla Motors Inc. on its home turf....
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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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Energy Dept. dangles low-interest financing for suppliers

3:15 pm U.S. ET | April 2, 2014
The department of energy wants auto suppliers to know that it still has $16 billion in low-interest financing available to support efficient-vehicle programs, and it wants them to step forward for a share of those funds....
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Fisker cleared to borrow $4.98 million from Wanxiang

2:49 pm U.S. ET | March 6, 2014
Fisker Automotive received court approval to borrow $4.98 million from Wanxiang Group, the Chinese auto-parts maker that won an auction for the bankrupt maker of luxury plug-in cars....
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Fisker, new Chinese owner to restart Karma output this year

7:23 am U.S. ET | Feb. 24, 2014
Fisker Automotive, which has been acquired by China's largest auto parts company, plans to restart production of its Karma plug-in hybrid luxury car "within a year" and will also complete the half-finished development of a second model, according to a senior executive....
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Fisker's new owner teams up with Lutz on V-8 Karma

Feb. 20, 2014 06:01 CET
Fisker Automotive's new owner says the Karma sports car will come roaring back with a supercharged V-8 engine -- and with the help of former GM executive Bob Lutz....
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Fisker's new owner teams up with Lutz on V-8 Karma

10:27 am U.S. ET | Feb. 19, 2014
Fisker Automotive's new owner says the Karma sports car will come roaring back with a supercharged V8 engine -- with the help of former General Motors executive Bob Lutz....
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Fisker wins approval to sell assets to China's Wanxiang

Feb. 19, 2014 06:01 CET
Fisker Automotive Holdings has won court approval to sell its assets to China's Wanxiang Group for an offer valued at $149.2 million, almost six times what the U.S. hybrid carmaker sought when it filed for bankruptcy....
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Fisker wins approval to sell assets to China's Wanxiang

12:18 pm U.S. ET | Feb. 18, 2014
Fisker Automotive Holdings today won court approval to sell its assets to China’s Wanxiang Group for an offer valued at $149.2 million, almost six times what the hybrid-car maker sought when it filed for bankruptcy....
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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 exec Klatt hired by CCS to chair master's program

4:07 pm U.S. ET | Feb. 10, 2014
The College for Creative Studies in Detroit has named former Fisker Automotive executive Alexander Klatt as the chairman of its transportation design master's degree program. Klatt, 50, was the vice president of global design at Fisker, where he led a design team that developed the Karma and Atlantic hybrid sports cars....
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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 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....
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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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Fisker suitor seeks direct appeal of credit-bid cap

7:43 am U.S. ET | Jan. 29, 2014
Hybrid Tech Holdings is seeking to appeal a bankruptcy judge's ruling that capped its right to “credit bid” for the failed luxury hybrid automaker Fisker Automotive at $25 million....
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Karma chameleons? Lutz company snaps up Fiskers

12:01 am U.S. ET | Jan. 26, 2014
A year-old vehicle conversion company backed by retired General Motors product chief Bob Lutz is soliciting Fisker dealers to take unsold cars off their hands....
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DOE chief: Fisker's Chinese buyer must keep work in U.S.

12:43 pm U.S. ET | Jan. 22, 2014
The winner between two Chinese-backed bidders for assets of bankrupt electric-car maker Fisker Automotive will have to keep manufacturing and research in the United States, Energy Secretary Ernest Moniz said....
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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....
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Fisker assets to be sold at auction after lender bid limited

7:46 pm U.S. ET | Jan. 10, 2014
Fisker Automotive's assets will be sold at auction after a judge limited the amount of debt that lender Hybrid Tech Holdings can trade for the company....
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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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