31 Jan '13, 7pm

Fisker hires consultant, may seek bids next month

I've been calling this for nearly two years. The execs have been taking too much of a pay rate to make the company keep going. Then, when I suggested their partner quantum might be ripe for takeover they did everything they could to jack up the price of doing so at the cost of current shareholders who left in droves. The design was on the verge of good. Fisker never went back and fully forced a correction to the problem's around heat issues within the engine bay even though it would have cost 1.5-3 million to do so. Not to mention they raised the prices when Tesla was already undercutting them. If they had dropped the price to 90k and controlled the supplier cost to get there they would have had a beast of a vehicle to win with volume matching the price of it's nearest competitors the BMW M5 and the Tesla S.

Full article: http://green.autoblog.com/2013/01/31/fisker-hires-consult...

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