Henrik Fisker Pulls The Chute

Derek Kreindler
by Derek Kreindler
We’re committed to finding, researching, and recommending the best products. We earn commissions from purchases you make using links in our articles. Learn more here
henrik fisker pulls the chute

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.

Derek Kreindler
Derek Kreindler

More by Derek Kreindler

Join the conversation
11 of 57 comments
  • Asdf Asdf on Mar 13, 2013

    "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." Why is it that every automaker for sale these days always has to end up in China of all places?

    • See 2 previous
    • Corntrollio Corntrollio on Mar 14, 2013

      Remember in the 80s when the Japanese were buying up all kinds of American assets? It's like that but different.

  • Bill mcgee Bill mcgee on Mar 13, 2013

    I have spotted Fiskers exactly twice here in Houston . It's distinctive enough where if you encounter one and you are the slightest bit car-aware you will notice it . Both times it was in heavy traffic so I couldn't get as close as I wanted , and both times it was a refrigerator white Fisker, so it may have been the same car . Very attractive in the flesh though .

    • Corey Lewis Corey Lewis on Mar 14, 2013

      I've seen a black one twice (probably same one) here in SW Ohio, and a gunmetal grey metallic one at a car show. I liked the grey one better, but EVERY time I've seen them I have to stare.

  • Oldyak Oldyak on Mar 14, 2013

    The Fisker will always be in my mind what was exciting about the new technology of hybrids.Although I would never be able to afford one there are plenty of other buyers that would take my place.I think the company started to unravel when A123 (the battery supplier) went bankrupt. I never read a later post that this was sorted out..... It`s our loss in the U.S. Too Bad....we had a chance at a U.S. born truly remarkable car.

    • See 1 previous
    • Vww12 Vww12 on Mar 15, 2013

      The U.S. government gave a $536 MILLION loan to Fisker. Fisker sold 2,000 cars at $102,000 each. Congrats on this gift to very, very rich people.

  • Brett Woods Brett Woods on Mar 14, 2013

    I was reading about Peirce of the Peirce-Arrow and White, the son of a sewing machine manufacturer who's dad allowed him to build a car in the corner of his sewing machine factory. Maybe Fisker is like one of these men. Certainly a passionate visionary. I don't know why they are calling his U.S. loan in so fast. Why do they want to squeeze Fisker to join the likes of Volvo and sell out so quickly to a Chinese multinational?

    • Hummer Hummer on Mar 14, 2013

      I'm sure he didn't ask for billions of Gov't dollars to build his cars, He more than likely did what most did at that time, made the parts hisself and at the extreme maybe borrowed money from a BANK at a high interest rate. Theres a difference between talent, vision and just getting easy money. Fisker had a lot of talent in car design and nothing else, his vision was also extremely messed up, if he had sourced a corvette motor insted of wasting billions of our money doing absolutely nothing but lining his pockets and by large hurting the companies reputation; all in the name of a already tested and failed idea(breath); then he would be golden Also the reason that China is a likely buyer is because theres a lot of young and dumb rich people that are willing to give everything they own to have a part of America, little do they know, we don't want it, and we know it's a assured failure.