Posts Tagged: Fisker Karma

Sarah Palin flays Fisker (well, okay) and trashes Tesla (what???)

It’s no surprise that the media has been having a field day with the story of Fisker Automotive’s apparently terminal troubles. “Pissing away taxpayer money on useless boondoggles” was one of the more charitable descriptions of the situation to be found over on the rightward side of the dial. Even more neutral observers noted the… Read more »

Fisker settles with A123 and lays off employees

  The tragic milestones are passing one by one for Fisker Automotive, and we fear that the end may be near. Last week, the Wall Street Journal reported that Fisker had hired restructuring lawyers to help it prepare for a possible bankruptcy filing. Now the company has laid off most of its remaining employees –… Read more »

Geely won’t bid for Fisker

China’s Zhejiang Geely Holding Group will not bid for a majority stake in Fisker Automotive, mainly due to the automaker’s obligations to the US government, Reuters reported, citing two confidential sources. Geely, the owner of Volvo, was expected to win the deal for the maker of the Karma, but the Chinese firm doesn’t care for… Read more »

Fisker leaves Fisker

Just when you thought the news couldn’t get any worse for Fisker Automotive, co-founder and executive chairman Henrik Fisker announced today that he is leaving the company, effective immediately. “The main reasons for his resignation are several major disagreements that Henrik Fisker has with the Fisker Automotive executive management on the business strategy,” the company… Read more »