Fisker

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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Energy Department expects Fisker to default, pulls funds from reserve account

Energy Department expects Fisker to default, pulls funds from reserve account

On April 5, we reported that Fisker automotive had laid off 75-percent of its workforce, with a lawsuit following a few days later over the last-minute nature of the mass layoffs. The auto maker had run into a string of problems, and appeared to be making some last-ditch efforts to avoid bankruptcy. In light of this, the Department of Energy has taken $21 million from a reserve account, expecting the manufacturer to default on its loan.

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Fisker Automotive hit with lawsuit due to last-minute layoffs

Fisker Automotive hit with lawsuit due to last-minute layoffs

Fisker, maker of the beautiful Karma hybrid luxury vehicle, had a rough time last year, reportedly having fire issues with some of its cars and then losing hundreds of them during Hurricane Sandy. On April 5, we reported that the company had laid off about 75-percent of its workforce in what seemed to be a last-ditch effort to pull out of bankruptcy. It has surfaced that the same day the layoffs took place, a lawsuit was filed against Fisker.

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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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Fisker Twitter account hacked by diet aficionados

Fisker Twitter account hacked by diet aficionados

It's happened again, folks. Another verified Twitter account was hacked this week, the latest victim being automobile manufacturer Fisker, who's Twitter account was hacked by what seems to be a group of diet and exercise fiends, or just a couple of hackers wanting to post some spam. Either way, this marks the fourth time that a verified Twitter account has been hacked this week alone.

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SlashGear Evening Wrap-Up: November 6, 2012

SlashGear Evening Wrap-Up: November 6, 2012

Welcome to the SlashGear Evening Wrap-Up: Presidential Edition. The world of tech didn't come to a halt just because we needed to go out and vote, so in case you missed it, here's the big news from the day. We learned today that HTC and Verizon will be holding a press event on November 13, and it's there that we're expecting to get our first official introduction to the HTC DROID DNA. Speaking of HTC, the company gave us its earnings for October 2012 today, and they aren't looking all that great. Halo 4 officially launched today, but it isn't without its share of server problems, and physical Google Wallet cards have been confirmed on a Google support page.

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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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