The Truth About Cars » fisker atlantic http://www.thetruthaboutcars.com The Truth About Cars is dedicated to providing candid, unbiased automobile reviews and the latest in auto industry news. Fri, 12 Sep 2014 16:56:11 +0000 en-US hourly 1 http://wordpress.org/?v=3.9.2 The Truth About Cars is dedicated to providing candid, unbiased automobile reviews and the latest in auto industry news. The Truth About Cars no The Truth About Cars editors@ttac.com editors@ttac.com (The Truth About Cars) 2006-2009 The Truth About Cars The Truth About Cars is dedicated to providing candid, unbiased automobile reviews and the latest in auto industry news. The Truth About Cars » fisker atlantic http://www.thetruthaboutcars.com/wp-content/themes/ttac-theme/images/logo.gif http://www.thetruthaboutcars.com Fisker: How To Light $529 Million On Fire http://www.thetruthaboutcars.com/2013/04/fisker-how-to-light-529-million-on-fire/ http://www.thetruthaboutcars.com/2013/04/fisker-how-to-light-529-million-on-fire/#comments Fri, 05 Apr 2013 16:55:28 +0000 http://www.thetruthaboutcars.com/?p=483769 Fisker has laid off nearly all of its rank and file employees. Reuters reports that 160 people were out of a job as of today, while 53 senior employees will stay on, apparently to help find a buyer for Fisker’s assets. Fisker is also hoping to re-negotiate a loan payment to the Department of Energy, […]

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Fisker has laid off nearly all of its rank and file employees. Reuters reports that 160 people were out of a job as of today, while 53 senior employees will stay on, apparently to help find a buyer for Fisker’s assets. Fisker is also hoping to re-negotiate a loan payment to the Department of Energy, due on April 22nd.

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Henrik Fisker Pulls The Chute http://www.thetruthaboutcars.com/2013/03/henrik-fisker-pulls-the-chute/ http://www.thetruthaboutcars.com/2013/03/henrik-fisker-pulls-the-chute/#comments Wed, 13 Mar 2013 17:27:12 +0000 http://www.thetruthaboutcars.com/?p=481132 Henrik Fisker has resigned from the automobile firm that bears his name, as the company’s future looks to be headed towards an inexorable buyout by a Chinese auto maker. Fisker sent an email to Automotive News outlining his decision to resign “The main reasons for his resignation are several major disagreements that Henrik Fisker has with the […]

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Henrik Fisker has resigned from the automobile firm that bears his name, as the company’s future looks to be headed towards an inexorable buyout by a Chinese auto maker.

Fisker sent an email to Automotive News outlining his decision to resign

“The main reasons for his resignation are several major disagreements that Henrik Fisker has with the Fisker Automotive executive management on the business strategy.”

Comments by Fisker CEO Tony Posawatz seemed to confirmed that Fisker was negotiating with a Chinese partner, likely Geely, to take over the auto maker. Fisker is looking for additional funding to help launch their second model, the smaller Atlantic sedan.

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Fisker Atlantic Delayed Until 2015 http://www.thetruthaboutcars.com/2012/10/fisker-atlantic-delayed-until-2015/ http://www.thetruthaboutcars.com/2012/10/fisker-atlantic-delayed-until-2015/#comments Wed, 17 Oct 2012 12:00:23 +0000 http://www.thetruthaboutcars.com/?p=463943 A presentation held Monday saw Fisker announce a delay for their smaller sedan, dubbed the Atlantic. The Atlantic will hit the market in late 2014 or 2015. The beleagured automaker needs the $55,000 Atlantic to generate cashflow and provide underpinings for future offerings. Fisker execs have also discussed sharing their technology with other OEMs. Readers […]

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A presentation held Monday saw Fisker announce a delay for their smaller sedan, dubbed the Atlantic. The Atlantic will hit the market in late 2014 or 2015.

The beleagured automaker needs the $55,000 Atlantic to generate cashflow and provide underpinings for future offerings. Fisker execs have also discussed sharing their technology with other OEMs. Readers of TTAC are have been familiar with Fisker’s foibles for some time. The timing of the announcement, combined with A123′s bankruptcy, is an ominious sign.

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