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Fisker Atlantic Delayed Until 2015
by
Derek Kreindler
(IC: employee)
Published: October 17th, 2012
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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.
Derek Kreindler
More by Derek Kreindler
Published October 17th, 2012 8:00 AM
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I wish Fisker well. It's a car company that makes beautiful cars that is run by a car guy rather than a banker. I want to forgive them for taking government money and hope they make it.
Nothing can go wrong with Fisker. They have Hollywood celebrities as investors.
Fisker's BlackBlackerry10 moment... without the huge pile of cash to draw down while going a year without new product. Or make that two or three years. Look's bleak.
No it won't...