#JudgeKevinGross

Judge Will Allow Wanxiang to Bid on Fisker, Sets Feb. 12 Auction. Lutz Mum

Reuters reports that U.S. Bankruptcy Judge Kevin Gross ruled that an auction for the assets of defunct hybrid sports car maker Fisker Automotive will be held on February 12. The auction will be held in the New York offices of the law firm of Kirkland & Ellis and attendance will be limited to representatives of Fisker, the unsecured creditors’ committee, and the two bidders, the American unit of China’s Wanxiang Group, an automotive supplier, and Hybrid Tech Holdings, which is affiliated with Hong Kong investor Richard Li. Other potential bidders have until February 7th to tender offers.

TTAC Staff Jan 20, 2014

Recent Comments

AMcA My theory is that that when the Big 3 gave away the store to the UAW in the last contract, there was a side deal in which the UAW promised to go after the non-organized transplant plants. Even the UAW understands that if the wage differential gets too high it's gonna kill the golden goose.
MKizzy Why else does range matter? Because in the EV advocate's dream scenario of a post-ICE future, the average multi-car household will find itself with more EVs in their garages and driveways than places to plug them in or the capacity to charge then all at once without significant electrical upgrades. Unless each vehicle has enough range to allow for multiple days without plugging in, fighting over charging access in multi-EV households will be right up there with finances for causes of domestic strife.
28-Cars-Later WSJ blurb in Think or Swim:Workers at Volkswagen's Tennessee factory voted to join the United Auto Workers, marking a historic win for the 89- year-old union that is seeking to expand where it has struggled before, with foreign-owned factories in the South.The vote is a breakthrough for the UAW, whose membership has shrunk by about three-quarters since the 1970s, to less than 400,000 workers last year.UAW leaders have hitched their growth ambitions to organizing nonunion auto factories, many of which are in southern states where the Detroit-based labor group has failed several times and antiunion sentiment abounds."People are ready for change," said Kelcey Smith, 48, who has worked in the VW plant's paint shop for about a year, after leaving his job at an Amazon.com warehouse in town. "We look forward to making history and bringing change throughout the entire South."   ...Start the clock on a Chattanooga shutdown.
1995 SC Didn't Chrysler actually offer something with a rearward facing seat and a desk with a typewriter back in the 60s?
The Oracle Happy Trails Tadge

Car Reviews By Make

view all

Top stories

Judge Will Allow Wanxiang to Bid on Fisker, Sets Feb. 12 Auction. Lutz Mum

Latest Car Reviews

Drive Notes: 2024 Ford Maverick Hybrid XLT

2024 Hyundai Elantra N Review – Tightening Up

2025 Hyundai Ioniq 5 N Review – Shockingly Spicy

Drive Notes: 2024 Kia Telluride SX-Prestige X-Line

Drive Notes: 2024 Nissan Versa SR

Drive Notes: 2024 BMW i5 M60 xDrive

Drive Notes: 2023 Ford F-150 Tremor

Latest Product Reviews

Best Amazon Prime Day Deals for TTAC Readers

TTAC Video of the Week: Looking Back on NASCAR Invading LeMans

Here’s How To Get the Best Deal on Winter Tires Right Now

Best Power Inverters for Your Car: Plugging Away

Best Sunshades for the Car: Where the Sun Don't Shine

Recent Comments

Car Reviews By Make