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As trying year wraps up, Fisker searches for lifeline Cleantech News and Analysis
Seems to me that Fisker is starting to get into a pretty troubled financial place. The likely paths for the company are clear: it needs to sell, it needs a large car-company investor, or it needs to IPO in the first half of 2013, or it’ll hit the skids. The company has raised over $1 billion, so it’s got some months of cushion, but with its recent car losses and assembly stall, that runway is being crunched down.
The fisker karma was just featured on a jay leno episode, here it is:
2012 Fisker Karma - Jay Lenos Garage - YouTube
Toward the end fisker said a few hundred have been sold so far, and that it had only been out for a few months. I thought deliveries started in July of last year?
Last edited by doug; 12-11-2012 at 08:05 AM. Reason: embedded video
Originally Posted by Quacker
This is an old video posted several months ago
I wonder why it was reposted then.
"I am not a fan of a pure electric car, because to me it is the range anxiety thing.." - Leno (14:00)
They used to all be on their own website, but I think recently started also posting to youtube. I think now they've started posting old episodes to youtube as well. That Karma episode was originally posted mid January 2012.
Jay Leno's Garage - 2012 Fisker Karma | Fisker
It's interesting to see this episode again in retrospect. This was when regular customers were just getting their cars and before all the bad press about the bugs, fires, and poor UI.
Fisker won't restart production until A123 sale clears - Automotive News
"We plan to wait until Wanxiang takes full control of A123, then we will get in contact with them to negotiate a contract," Fisker spokesman Roger Ormisher told Reuters. Once a deal is reached with A123's new owner, he said, "we can resume Karma production."
Until then, "we have a sufficient supply of cars," Ormisher said, who added, "We are not looking for a new battery supplier."
...
Ormisher said no Karmas have been assembled in Uusikaupunki since July, when the Finnish company begins a traditional summer break.
With the break in Karma production and a delay in the development of its second car, the Atlantic, Fisker has cut its workforce to around 300, Ormisher said.
That is not good news for them. I wonder about the 300 cars they lost in the hurricane too (were those going dealers to sit on a lot or owners?).
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That sums up their problems right there. There innovation was ... I have a really cool looking car. That's it.And if the company sells, who knows how much a large auto maker would be willing to pay for it? It’s major assets are its Karma and Atlantic designs, but it’s not a technology company like Tesla
I guess it's easy to have "a sufficient supply of cars" when you're only selling a couple of units / month...
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