Fisker Automotive, the upmarket plug-in hybrid automaker that hasn’t made a new vehicle since July of last year, was considered dead and buried after filing for bankruptcy and laying off the majority of its staff earlier this year. It was widely believed after all this that Fisker would go quietly into the night, taking the
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We’re starting to wonder what sort of person approved the $529 million Department of Energy loan Fisker Automotive that ended last month at the time when the federal government had to forcefully seize $21 million of the $192 million the company ended up getting before the feds froze the loan altogether. During the Congressional hearing
The final full week of April 2013 has come to a close, but before it goes away forever, you’ll want to check out all of this week’s important happenings in the automotive world. The week began with news from Germany as BMW is pondering the possibility of a 1 Series Sedan.Tuesday brought news that Cadillac
As more details come to light, we’ve learned that Fisker Automotive continued receiving funds from the U.S. Department of Energy as much as a year after it was known that the company wasn’t meeting milestones. That conclusion comes on the same day that Fisker executives and former employees are scheduled to testify before a U.S. House committee