30 Nov '13, 10am
Fisker Bankrupt, But Someone Bought It
The buyer of Fisker is the shadowy Hybrid Tech Holdings LLC., a group that did not announce its intentions or primary investors in a very brief, legalese-laced press release. Last we heard a Hong Kong billionaire was at the top of the list of potential buyers , and before that a German company was interested in restarting Karma production . While some are hopeful that Fisker could make a comeback, and the Karma could be built again, it seems unlikely given that each vehicle lost about $35,000 for the hybrid carmaker . Why would anyone want to restart production of a money-losing vehicles?