Chinese company purchases Fisker with the intent to restart production. If you are a Fisker Karma fan cheer up: a Delaware bankruptcy judge approved the sale of Fisker Automotive to Wanxiang Group, a Chinese auto-parts consortium. Wanxiang’s bid of $149.2 million was accepted, an amount that includes $126 million in … Read more
Fisker Automotive, builder of the Fisker Karma luxury sedan has been in the news lately, but certainly not for good reasons. The struggling plug-in hybrid electric vehicle producer appears headed for bankruptcy, making news again last week when it laid off more than three-quarters of its workers at its Anaheim, … Read more
Did you catch the Fisker Karma debut earlier this week? If not, you weren’t alone. This hybrid electric vehicle has gone on sale, but the truth is out: the supposedly Eco-friendly Fisker Karma gets worse gas mileage than an SUV. At least that is the contention of Forbes magazine and … Read more