After trying for years, Fisker Automotive is finally coming back. Rebranded as Karma Automotive, yesterday they announced the name of their comeback electric car – the Revero. Karma Automotive plans to officially unveil the Revero this summer, but did have a few things to say about it. The company plans to keep the exterior looking… Continue reading Fisker Karma to be re-born as Karma Revero with BMW parts
Last week the Department of Energy auctioned off the remaining balance of its ATVM loan to Fisker Automotive. No firm details have been released by the government, but Reuters is reporting that an investor group led by Hong Kong business tycoon Richard Li placed the winning bid. The Department Of Energy set the minimum bid… Continue reading Fisker Automotive sold to a group led by Richard Li
According to Reuters, Fisker Automotive has been denied over $33 million in damages by XL Group PLC insurance company. 338 Fisker Karma electric vehicles were destroyed in Hurricane Sandy while awaiting shipment at port in New Jersey. The policy Fisker had from XL covered up to $100 million in damages, but the issue is whether… Continue reading Fisker sues insurance company over hurricane damaged Karmas
Fisker recently appointed former Chevy Volt department leader Tony Posawatz as its CEO. This shift is to help Fisker target a much more affordable next car, to potentially compete with the Chevy Volt. The Fisker Atlantic was to be priced well below the Karma, but last week Fisker announced the Atlantic has been delayed until… Continue reading Fisker working on entry-level range extended electric vehicle
Initially, there was some emotion about reports of 16 Fisker Karma electric vehicles catching on fire and burning at Port Newark during Superstorm Sandy. It turns out that wasn’t the worst news. Fisker has said that over 300 Karmas were flooded and destroyed – that’s over $30 million worth of brand new electric vehicles. Reuters… Continue reading Over 300 Fisker Karma electric vehicles lost in Port Newark
Each month, car companies release their sales reports -that is most car companies release reports. Among electric vehicle manufacturers, Tesla and Fisker do not announce their vehicles sales. That leads to much speculation about the number of vehicles the company has actually sold and whether or not the companies will survive and live another year.… Continue reading Fisker Karma – 2000 built already?
Fisker Automotive has announced that the company’s revenue for the first 4 months of 2012 exceeded $100 million. Total funding for Fisker Automotive has exceeded a billion dollars, and all of this is for a company that has 1 product – the Fisker Karma electric vehicle. Fisker has sold 1000 Karmas in 6 months which… Continue reading Fisker Delivers 1000 Fisker Karma Electric Vehicles
Fisker has had some troubles recently including confusion and bad press surrounding it’s funding setbacks as well as the need to recall the Karma because of battery pack and software issue. Despite these recent setbacks, Fisker is moving ahead with plans to show the Fisker Surf at the Paris Auto Show later this year. The… Continue reading 2013 Fisker Surf will be at Paris Auto Show
Just a few weeks ago, Fisker Automotive announced it was laying off 66 US workers to help conserve cash. That’s because Fisker missed some production deadlines and may not receive all of the DOE funding it had originally been granted and had planned on. Many media outlets were reporting that Fisker would soon fail, but… Continue reading Fisker Automotive doing fine, according to CEO
Fisker announced yesterday that it will begin selling the luxury plug-in hybrid Fisker Karma in Canada, starting with retail locations in Toronto, Calgary and Vancouver. Fisker will work with Dilawri Group and Fields Automotive Group auto dealers to sell the Karma plug-in hybrid electric vehicle in Canada. More stores will open in the near future,… Continue reading Fisker lowers 2012 sales estimates on Karma, starts sales in Canada
Fisker automotive has issued a recall notice on all 239 of it’s Fisker Karma electric vehicles. The Fisker Karma, with a price that starts at $103,000 US, is recalling the cars because of a fire hazard, according to a report filed with the National Highway Traffic Safety administration. In the report, Fisker said a hose… Continue reading Fisker Karma is being recalled for fire hazard
The Fisker Karma has been dubbed a plug-in hybrid electric vehicle that looks like a luxury car, drives like a sports car, and uses gas like a compact hybrid. Although it costs the same as a luxury car, that hasn’t slowed people down from putting down a $5000 deposit to secure their spot on the… Continue reading Buyers line up for the Fisker Karma
