Search Results for: fisker-karma

Fisker sell off to Wanxiang America Corp has closed

Fisker sell off to Wanxiang America Corp has closed

Many Americans looked at the loans that the federal government handed out to help usher in green vehicles using electricity rather than oil dubiously. The problem with many of the companies that received the loans was that the cars they were working on were well out of the price range most Americans can afford and the technology was unproven. One of the major disappointments came from Fisker.

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Fisker asset auction over with Wanxiang American Crop as the highest bidder

Fisker asset auction over with Wanxiang American Crop as the highest bidder

Fisker was one of the auto manufacturers that received huge loans from the US federal government to create green vehicles. Things started going bad for Fisker last summer when it laid off a massive number of its workers and the federal government pulled the firms remaining loan funds leaving the company unable to operate. In November of last year, Fisker entered bankruptcy.

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Fisker Karma fate goes from worse to worst with bankruptcy

Fisker Karma fate goes from worse to worst with bankruptcy

Fisker, the company behind the Karma hybrid sports car, filed for Chapter 11 bankruptcy this weekend. The company hasn't had very good luck these past few years. The company originally set out to make green cars sexy, but it has been floundering for the better part of two years due to car fires, faulty batteries, design flaws, missed milestones set by the US government, a terrible Consumer Reports Review, and Hurricane Sandy. See, no luck.

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Fisker reportedly lays off 75% of workforce

Fisker reportedly lays off 75% of workforce

Fisker, the automotive company that has been selling its hybrid-powered Karma vehicle for over a year now, is reported to be laying off 160 employees, which is approximately 75% of the entire company's staff. Rumors were flying around earlier this morning, but it appears to be a done deal, and this could spell the end for the luxury hybrid auto manufacturer.

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SlashGear’s Top Tech in Automotive 2012

SlashGear’s Top Tech in Automotive 2012

This year the automotive world really stepped it up when it comes to technological breakthroughs, especially when it came to connecting to drivers' personal mobile devices. What we've seen was everything from integration of mobile chipsets into automobile systems to wireless connectivity to smartphones from many of the top car and truck brands across the spectrum. Have a peek at some of the highlights in our 2012 run-down right this minute!

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Fisker hit hard by Hurricane Sandy

Fisker hit hard by Hurricane Sandy

A lot of places suffered the wrath of Sandy as it collided with the East Coast last week, but one manufacturer in particular was left with quite a mess to clean up after Sandy had passed. Fisker says that 300 of its Karma electric vehicles were destroyed by Sandy as they sat in a New Jersey port. Fisker sells each one of those Karmas for about $100,000 here in the States, so Sandy managed to destroy a lot of really expensive product when it made landfall.

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Fisker confirms no Atlantic until late 2014/early 2015; downplays battery supplier blip

Fisker confirms no Atlantic until late 2014/early 2015; downplays battery supplier blip

Fisker's second car, the smaller and cheaper Atlantic all-electric vehicle, may not roll onto buyers' drives until early 2015 the company has warned. The launch date of the Atlantic, revealed back in April as a more affordable option than Fisker's first car, the Karma, has been shouded in mystery so far, but a "late 2014, or even 2015" window was confirmed on a conference call this week, Green Car Reports writes.

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Fisker retorts to Consumer Reports amid new $100m equity round

Fisker retorts to Consumer Reports amid new $100m equity round

Electric car manufacturer Fisker has hit back at Consumer Reports criticisms, which described the Karma as "plagued with flaws," and simultaneously announced a new round of private equity funding. The firm - now more than $100m better off, thanks to investment from unnamed benefactors - was quick to cite the list of accolades and successes the Karma has achieved so far, taking issue with all but a couple of Consumer Reports' problems with the slinky sedan.

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Consumer Reports slams the Fisker Karma saying it’s “plagued with flaws”

Consumer Reports slams the Fisker Karma saying it’s “plagued with flaws”

I think most people knew back in March that Consumer Reports' review of the Fisker Karma wasn't going to go well. Consumer Reports ordered up its most expensive car ever for review at over $107,000, and the vehicle broke down before Consumer Reports had finished checking it into its fleet. That initial flaw was foreshadowing for what was to come when the vehicle returned.

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