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’ Stories
Energy Department expects Fisker to default, pulls funds from reserve account
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, 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
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
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
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'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
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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Fisker lends official statement to Karma fire
An official statement has been released regarding the Fisker Karma roadside fire incident that occurred back on the 10th of August. This incident has been provided with a detailed account by none other than Fisker representatives who speak in detail on what caused the fire and how a recall on a cooling fan inside the vehicle will be conducted. At the moment it appears that the recall campaign will not have a financial impact on Fisker.
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SlashGear Evening Wrap-Up: August 14, 2012
Welcome to Tuesday, folks. It was a busy day today, and there's plenty of news to cover, so let's get right into it. It appears that the worldwide mobile phone market is falling a little bit year-over-year, and the Motorola DROID RAZR HD might be launching sometime in October. Fisker is currently at work investigating the fire that claimed one Karma EV over the weekend, and we received word of another EV catching fire during the Pikes Peak Hill Climb that took place in Colorado this past weekend as well.
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Fisker investigates second Karma auto fire
This week the folks behind the Fisker Karma electric car have begun investigating the second auto fire since the launch of the next-generation vehicle. The incident occurred on Saturday in Woodside California for yet-unknown reasons, but Fisker has made it clear that they know it was neither "the lithium-ion battery pack, new technology components nor unique exhaust routing." No injuries were recorded and no deaths occurred, and the statement from Fisker lends a small amount of information to the case as it stands now.
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Fisker Karma ignites into flames while owner runs errands
Here's some more bad news for the Fisker Karma crowd: an owner of the hybrid car returned from a grocery run to find his Karma engulfed in flames, Jalopnik reports. This isn't the first time we've heard of Fisker Karmas erupting into flames seemingly out of the blue, as earlier in May one actually caught a house on fire. Luckily, no one was hurt in this blaze, but needless to say, the expensive car isn't in too good of shape after the incident.
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