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Fisker: Corporate / Financial
Corporate / Financial
Fisker Automotive officially changes their name to Karma Automotive
Fisker Automotive has announced plans to change their name to Karma Automotive.
Sep 30 2015
Fisker saga finally ends after Wanxiang wins asset auction with 149M bid
China's Wanxiang Group agreed to pay a 149.2M USD bid to buy the remaining assets of Fisker Automotive.
Feb 16 2014
Fisker sale stalls as creditors want company auctioned following Wanxiang bid
Fisker recently filed for bankruptcy and entered into a purchase agreement with Hybrid Tech Holdings LLC. Everything seemed like a done deal but creditors are now pushing for the company to be auctioned.
Jan 03 2014
Fisker sued for misleading investors and making "materially false and misleading statements"
The fallout from the Fiskerpocalypse continues as Atlas Capital Management has filed a lawsuit against Henrik Fisker and the company's former directors.
Dec 31 2013
Fisker finally files for bankruptcy as it is bought by a new investment group
After months of uncertainty, Fisker Automotive has filed for bankruptcy and been sold to investment group Hybrid Tech Holdings LLC.
Nov 23 2013
Fisker defaults on government loan, sale or auction likely - report
The Fiskerpocalypse appears to be coming to a close as The Wall Street Journal is reporting that the company has defaulted on their U.S. government loan.
Sep 16 2013
Fisker lost $35,000 on each Karma - report
Fisker's future remains in doubt but new details are starting to emerge about what brought the eco-friendly startup to the edge of bankruptcy.
Jun 17 2013
VL Automotive & Wanxiang team up for Fisker bid - report
Fisker's future has looked pretty bleak ever since partnership talks with Dongfeng and Geely broke down in March. However, a new report is indicating VL Automotive and the Wanxiang Group have submitted an offer to buy the company.
May 22 2013
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Fisker sued because workers did not receive advance notice of layoff
Just a few hours after Fisker announced a major layoff, a new problem occurred as the company is now facing a federal lawsuit.
Apr 07 2013
Mass layoffs underway at Fisker - report
Fisker is inching closer to collapse as the company has reportedly begun mass layoffs which include eliminating their whole PR team.
Apr 05 2013
Henrik Fisker resigns from Fisker Automotive - report
Henrik Fisker has reportedly resigned from the company he founded over several major disagreements with executive management.
Mar 13 2013
Dongfeng Motor Corp looking to takeover Fisker - report
According to a recent report, the Dongfeng Motor Corp has offered Fisker $350 (€261) million for an 85 percent stake in the company.
Feb 15 2013
Wanxiang offers to help Fisker, tie-up possible?
Fisker hasn't built a Karma in over six months and the company's financial status is reportedly dire. However, China's Wanxiang Group has offered to assist the company with a possible strategic alliance.
Feb 01 2013
Fisker suing insurance firm over damaged Karmas after Sandy
Fisker Automotive has decided to sue XL Group PLC after being refused insurance coverage.
Jan 02 2013
Fisker Karma proves to be a hit as company posts strong financial results
Despite a sea of bad news, Fisker has released surprisingly upbeat financial results for the first quarter of 2012.
May 30 2012
Fisker Atlantic could face significant production delays - report
Fisker doesn't have the best track record for launching vehicles on schedule, so it isn't terribly surprising that a new report is indicating the production version of the Atlantic concept could miss its planned launch date.
Apr 06 2012
Fisker's government loan blocked, Project Nina delayed
The Fisker Karma had a long and tumultuous path to production and it looks like the company's entry-level model, dubbed the Project Nina, is in for a similar fate.
Feb 07 2012
Fisker Approved for $529M Government Loan
Fisker has been awarded a $529 million dollar low-interest government loan by the US Department of Energy.
Sep 23 2009
Fisker to Receive Additional $85M in VC Funds for Plug-In Hybrid Cars Development
Fisker has announced that they have secured an additional $85 million dollars in venture capital funding for the development and manufacturing of the Karma plug-in hybrid.
Apr 07 2009
Fisker Announces NA Dealer Network
Fisker's dealership network has been released. The company will sell their plug-in hybrids from dealerships in 17 American states and British Columbia, Canada.
Mar 25 2009
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