#lasorda

Those were the days, my friends: LaSorda, Wagoner, Mulally

Tom LaSorda, formerly CEO of Chrysler and before that a key man at GM, will lose a lot of money when Fisker goes down and/or bankrupt and/or is sold for pennies on the dollar. The man has a plan to recoup his losses: He started his own venture fund with racing and auto dealing magnate Roger Penske, as Reuters has it.

Here is the perfect way to fight a brewing PR disaster from boiling over: Fire your CEO! Fisker Automotive named the former head of the Chevy Volt, Tony Posawatz, as CEO today, “marking the second time the green car start-up has replaced its top executive this year,” as Reuters can’t help to remark.

Yesterday, we could report that the fickle Fisker that embarrassingly broke down in Consumer Reports’ driveway, received a new battery, under warranty. Now we hear that it was no breakdown. The Fisker Karma shut itself down intentionally to prevent bigger damage.