Photo: Fisker We learned last month that despite Fisker beginning production on its Ocean SUV, the startup automaker lost nearly half a billion dollars last year and desperately needed a bailout. Nissan was reportedly in negotiations to give Fisker $400 million, but that apparently fell through, so it looked like bankruptcy was the only option. … Read more
Photo: Fisker Electric startup Fisker is in a bad spot right now. It’s running out of cash and desperately needs a bailout, but any negotiations with legacy automakers that may have been interested in investing appear to have stalled, and trading of its shares has halted. If you needed further proof that bankruptcy is just … Read more
Photo: Fisker We’ve written a lot about Fisker recently, and none of it has been what an automaker’s public relations department would consider “positive coverage.” All signs point to bankruptcy being inevitable, as it no longer looks like any major automakers are interested in offering Fisker the lifeline it so desperately needs. And while plenty … Read more
Nascent automaker Fisker is in deep shit right now. Talks with a large automaker for a potential deal have apparently collapsed, and now trading of company shares on the stock market has been halted. The Chevy Trax and Buick Envista Are Ideal Commuter Cars | WCSYB? All this news comes amid growing concern that the … Read more
By all other accounts, Henrik Fisker has been pretty successful. He had a hand in designing some of the most iconic cars ever made, like the original BMW X5 and Z8, Aston Martin DB9, and Vantage. However, after years in the auto design business, Fisker decided to leave to pursue making cars. Since then he’s … Read more
Photo: Fisker When the Fisker Ocean finally rolled off the production line, the initial reaction was one of surprise. Fisker did it, the company managed to release a product in a highly sought-after segment. Maybe this could be the automaker turning over a new leaf, showing the world it can really build cars with broad … Read more
Happy Friday! It’s January 26, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. 1st Gear: Tesla Stock Keeps Falling After Warning Of Soft 2024 Growth Just yesterday, we talked about Tesla’s eight … Read more
The reborn Fisker produced just over 10,000 cars in 2023, delivering around 4,700 units of the Ocean crossover to customers across 12 markets worldwide (including some right-hand-drive countries) following the first deliveries in June. Fisker says it is already a revenue-generating company, despite supply chain issues and other challenges, and now it has launched a … Read more
