When Fisker Inc. filed for Chapter 11 bankruptcy on June 17, 2024, it did more than imperil a startup. It sharpened a question the auto industry has been slow to answer: what happens to a vehicle that ...
Add Yahoo as a preferred source to see more of our stories on Google. Fisker owners were told they may have to pay the repair costs for two outstanding recalls. It's another blow for customers who ...
Fisker is officially dead. The company has a few creditors to deal with, but its existence as an aspiring American automaker has ended. There's no coming back from this type of Chapter 11 situation.
Henrik Fisker once envisioned a burgeoning EV empire at the startup he named after himself, which was to be led by the Ocean SUV. But cracks started showing in that vision almost as soon as the Ocean ...
The bankruptcy court in Delaware has approved Fisker's plan to liquidate the company despite earlier opposition from federal agencies and some creditors. Everyone got something, with Ocean owners ...
Fisker, the once high-flying California-based EV startup, is bankrupt. That's left people who bought its Ocean SUV scrambling for answers about the future of software updates, internet connectivity, ...
One major dissenter threatens to upend Fisker’s apparent best chance at offloading its unsold EVs, a deal that would keep the startup’s bankruptcy proceeding alive and pave the way for paying back ...
Fisker has recently filed for bankruptcy, marking the end of a long period of financial struggles. As part of this process, the company is looking to sell its remaining inventory of 3,231 Ocean ...
In a hearing on Tuesday, a Delaware Bankruptcy Court judge granted Fisker's motion to sell off its remaining inventory of Ocean SUVs in a bulk deal worth up to $46.25 million. Earlier this month, the ...
Fisker has asked a bankruptcy judge overseeing its Chapter 11 proceedings to approve the sale of more than 3,000 Ocean electric crossovers in its inventory for about $14,000 per car to a ...