2012 Fisker Karma on 2040-cars

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Fisker name dropped in favor of Elux, Karma relaunch pushed back

Fisker is dead, long live Fisker. The luxury plug-in hybrid brand's new owner, Wanxiang, says that it is going to get rid of the name when it relaunches the Karma next year. Oh yeah, and the relaunch is now happening in 2016, not early 2015, as previously planned. According to unnamed "sources familiar with the plan" who spoke to Reuters, Wanxiang is going to change the brand from Fisker to Elux. So, if you've been waiting for news on a revived Fisker Karma, you should change your news alerts setting to ping you when there's new information on the Elux karma. Other details about the new Karma remain undecided, like where it will be built – the Valmet factory in Finland where the Fisker Karma was made will not be used this time around. According to the new Reuters report, though, the new Karma will get a 20-percent price increase, to $135,000. We've also heard that the new car will look a lot like the first Karma, which was designed by Henrik Fisker, who gave the now-bankrupt company its name. Related Video:

Karma Revero refresh spied with carryover Fisker interior

The Karma Revero debuted last year, rising from the ashes of the Fisker Karma. Really, the Revero was little more than a Fisker with a fresh badge. As charming as the mustachioed face may be, it didn't do anything to set the car apart. A much-needed refresh is on the way, though how much it changes remains to be seen. Based on these spy photos, it doesn't look like much will change between the A and C-pillars. That goes for the interior, too. This might come as a bit of a disappointment, as the car has a slick interior design, but it sacrifices a lot in terms of ergonomics and space. On the outside, the Revero will get new front and rear fascias with new lighting and a longer hood. Don't expect too many changes to the powertrain. The GM-sourced turbo inline-four is paired with electric motors for a healthy 403 horsepower and 981 pound-feet of torque, though the sheer size and weight of the Revero means it's not particularly fast. Rumors suggest that the next Karma model, the Atlantic, will ditch the GM powertrain all together. Related Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.

Fisker hires adviser to prepare for possible bankruptcy filing

Electric vehicle startup Fisker has hired restructuring advisers to assist with a possible bankruptcy filing, the Wall Street Journal reported on Wednesday, citing people familiar with the matter. The company has hired financial adviser FTI Consulting and the law firm Davis Polk to work on a potential bankruptcy filing, according to the report. Fisker declined to comment. According to CNN, Fisker's stock price fell more than 40% in after-hours trading after the report was published. Overall, the stock is down more than 80% since the start of 2024. Earlier this month, Fisker flagged going-concern risks, job cuts and a pause in investments into future projects until it secures a partnership with a manufacturer. Nissan was in advanced talks to invest in Fisker in a deal that could provide the Japanese automaker with access to an electric pickup truck, Reuters reported earlier this month, citing two people familiar with the negotiations.   Earnings/Financials Green Fisker