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  • Karma
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Latest News

Industry  |  Tuesday, March 25, 2014

Sale of Fisker to Wanxiang completed

Fisker Automotive announced on Monday that it has sold all of its assets to an affiliate of Wanxiang America Corp. for approximately $150 million.


Industry  |  Wednesday, February 19, 2014

Fisker Automotive purchased by Wanxiang, not Hybrid Technology

Fisker Automotive is the new Saab. Back in November, the company filed for Chapter 11 bankruptcy in an effort to sell all its assets to Hybrid Technology, an investment firm headed by Hong Kong billionaire Richard Li. However, reports now indicate that China's Wanxiang came up with a $149 million offer (including $126 million in cash), outbidding Li's $55 million.


Green Wheels  |  Monday, November 25, 2013

Fisker officially bankrupt and sold to Hybrid Technology

After months of suspense, the Fisker saga has finally come to an end with the automaker filing for Chapter 11 bankruptcy in an effort to sell all its assets to Hybrid Technology, an investment firm headed by Hong Kong billionaire Richard Li, who owns the largest telecom company in that country.


Latest Pictures

Photos  |  Tuesday, May 24, 2011
2012 Fisker Karma Preview
 
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