Fisker has filed for bankruptcy in Delaware, after months of financial turmoil and rumours of investments to save the embattled automaker. According to the filing, Fisker has between $500 million and $1 billion in assets […]
Fisker’s troubles continue, with the latest setback being an over-the-air (OTA) recall for their only vehicle, the Ocean SUV. As a result of the recall, Fisker has also issued a stop-sale order to dealers until […]
Fisker is facing another wave of layoffs. This latest round of job cuts targets various departments across the organization, compounding Fisker’s already significant troubles. Fisker has not officially announced the layoffs, so the extent of […]
Fisker is having no moment of respite yet as the US National Highway Traffic Safety Administration (NHTSA) opens yet another investigation into its Ocean SUV. This is the fourth safety probe launched by the NHTSA into the […]
In what might be a sign of the beginning of the end, the Austrian unit of Fisker has filed for reorganization. The latest move in Fisker’s struggle for survival has impacted its contract manufacturer, Magna Steyr, […]
Fisker doesn’t actually build its own vehicles, instead relying on a third party to manufacture the Ocean SUV. Their contractor, Magna Steyr, is forecasting that they don’t expect production to resume, providing yet another bleak […]
Fisker is letting go of more employees as it struggles to stay afloat. The embattled company has already warned it is on the verge of bankruptcy, and its latest round of layoffs are being undertaken […]
Henrik Fisker has informed employees that discussions are ongoing with four major automakers regarding a potential acquisition of Fisker. This announcement was made during an all-hands meeting held on Thursday, as reported by Business Insider, […]
Fisker might commence bankruptcy procedures as early as the middle of May, according to a filing with the US Securities and Exchange Commission, SEC. The embattled company has not been able to attract an investor to secure a lifeline. Fisker defaulted […]
Fisker has drastically reduced prices for its Ocean SUV in Canada by nearly 40%, just under two weeks after initiating similar price cuts in the US. The price cuts come after the company revealed it […]
