Fisker Sells 300 Karmas - To The Insurance Company

Bertel Schmitt
by Bertel Schmitt
fisker sells 300 karmas to the insurance company

More than 300 Karma plug-in hybrids fell victim to super storm Sandy, Fisker spokesman Roger Ormisher told Reuters. The cars sat in a storage lot in Port Newark, New Jersey, which was inundated by Sandy. Among the lost Karmas are 16 that went up in flames. One car caught fire when seawater caused a short circuit. Winds spread the fire to 15 other cars.

The cars were insured, and Fisker expects “no impact from a business or a financial point of view,” Ormisher said.

More than 10,000 vehicles were damaged during the storm at Port Newark. Toyota lost 4,500 cars at the port.

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