23 Feb '14, 10pm

Wanxiang Aims to Partner with VL Automotive on Revamped Fisker Karma: After working through inventory of cars

Wanxiang Aims to Partner with VL Automotive on Revamped Fisker Karma: After working through inventory of cars

PHOTO CAPTION: Bob Lutz with VL Automotive's V8-repowered Karma, now dubbed the Destino. Tweet Wanxiang Aims to Partner with VL Automotive on Revamped Fisker Karma After working through inventory of cars in Finland, the Wanxiang-controlled Fisker will begin producing both hybrid and V8-powered versions of the Karma at VL Automotive's facilities in Auburn Hills, Michigan. Published: 24-Feb-2014 Fisker Automotive's Karma sports car, whose gorgeous design and hybrid plug-in engine once made it a status symbol for A-list environmentalists, will come roaring back powered by a supercharged V8, according to plans revealed by its new owner. The U.S. unit of Wanxiang Group of China received approval on Tuesday to acquire Fisker's assets for $149.2 million. Plans to revive the Karma as a traditional gas-guzzling sports car were revealed in U.S. Bankruptcy Court documents and by a pe...

Full article: http://evworld.com/news.cfm?newsid=32452

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