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Fisker asset sale may not include name, logo

Always read the fine print before you sign the contract. That platitude is taking on new life as word comes that the winning bidder for bankrupt plug-in hybrid manufacturer Fisker may not actually earn the rights to use the company's name and logo. According to Delaware Online, that's because Fisker Automotive doesn't actually own either – they're the property of a different company called Fisker Coachbuild, LLC, and they have been used under license by the carmaker since 2008. This interesting bifurcation of assets brings to mind a previous bit of auto history - Rolls-Royce and Vickers. As it turns out, Fisker Coachbuild not only designs cars and components, it also has the merchandising rights to the Fisker name and logo for things like apparel and branded tchotchkes. How did this happen? According to the report, Coachbuild is a Fisker stockholder, and in 2008, a contract was signed by Bernhard Koehler (co-founder of Fisker and then-chief operating officer of Coachbuild) and designer and company namesake Henrik Fisker. Koehler and Fisker are actually in the logo, in a fashion, since it is supposed to represent the two men (the vertical lines) looking at the sunset (the red half circle) over the ocean (blue). Fisker Coachbuild attorneys have now put the bankruptcy court on official notice about their ownership of these key assets, and it's unclear if this news will affect the actions of leading bidders Wanxiang America, Inc. and Hybrid Tech Holdings. Coachbuild does sound somewhat conciliatory, saying "...it is likely that Coachbuild will consent to the assignment of the rights provided for under the Trademark Agreement as part of the proposed sale" while simultaneously "reserving its rights under applicable law to bar the assumption and assignment of Trademark Agreement without its prior written consent." This interesting bifurcation of assets brings to mind a previous bit of auto history. Back in 1998, British industrial conglomerate Vickers executed a now-legendary bit of wheeling-and-dealing that saw it sell the physical assets of luxury automaker Rolls-Royce to the Volkswagen Group. We say 'legendary' because it only sold the physical assets to VW – not the trademarks associated with them. Those trademarks included the Rolls-Royce name, famed double-R iconography and other assets – assets Vickers subsequently sold to BMW.

Fisker teases $40,000 electric crossover with 300 miles of range

Henrik Fisker has been at the drawing board for some time, and we've enjoyed following along. We don't know what to do with this latest one, though, because we know almost nothing about it. Fisker, Inc., Henrik's electric vehicle company, promised "a teaser picture and some tech details" on a new EV priced "close" to $40,000. We have the teaser pic, but the tech details are mostly the same EV future-tech buzz every non-traditional player loads up on. It is a crossover, it looks like a Fisker, and it has a front-mounted radar unit behind glass. Those are the exterior concretes. As for the rest of the look, it's "Dramatically sculpted" with "futuristic, elegant muscular look" and there are "captivating design touches that have been traditionally reserved for supercars," By pressing a button, the roof opens in some way to create "an extended open-air atmosphere." An "enhanced +80 KWh lithium-ion battery pack" will provide power, not the solid-state batteries we know Fisker's working on and thought would make their first appearance here. The EMotion sedan will debut the solid-state units. Sounds like the standard version will use a single electric motor, but optional all-wheel drive puts another motor on the front axle. An optional wheel spans 22 inches, but we don't know what size the stock rims are. There's a luxurious, "vastly spacious interior" with "a modern aesthetic and high-quality materials." A "large heads-up display and unique, intuitive user interface... will control some of the latest emerging in-vehicle technologies." All of which could mean anything, so ends up meaning practically nothing. Closer to firm ground, this will be the first of three affordable EV models coming in well below the $129,000 EMotion flagship electric sedan. Fisker, Inc. says the crossover's price will come in below $40,000. The target range is 300 miles when this as-yet-unnamed SUV goes on sale in the second half of 2021. That's a long way off to be shooting for 300 miles. Come 2.5 years, 300 miles could be the baseline distance to be taken seriously. The Tesla Model Y is already there and the Germans are loading their EV cannons with compact offerings right now, led by Volkswagen's ID onslaught. Fisker won't open dealerships, planning to sell direct to consumers and service owners with a "nationwide concierge service model." More details to come, hopefully ones with more specific detailing. Related Video: This content is hosted by a third party.

New Fisker Karma will be pretty familiar

"It's all the same, only the names have changed," Jon Bon Jovi memorably sang, and it sure will apply to the next incarnation of the Fisker Karma. That's what the rumor mill says, anyway. A writer identified as JCMorrill on the Fisker forum Fisker Buzz says he (or she) has gotten some information by spending a "couple hours last week with the managers setting up the new factory." Anyone who liked the old Fisker Karma (perhaps not its creditors) will be pleased. That's because there doesn't seem to be a ton of changes in store for the extended-range plug-in hybrid, which is now known as Karma (China-based parent Wanxiang has ditched the "Fisker" badge, which remains attached to the coachbuilding company run by Henrik Fisker). The 2.0-liter powertrain will be the same, as will that 33-mile all-electric range and 240-mile total range. The company's not going to mess much with the sedan's sleek looks, either, according to the Tuesday post on Fisker Buzz. The brakes will actually be downgraded a tad, and the dash displays will be updated. There will be some driver-assist features added, including some braking and cruise-control features. Given that the new car will sport a price tag estimated to be $135,000, there better be. The Fisker Karma was last produced in 2012 before the company went bankrupt. Wanxiang acquired the company's assets in 2014. Rechristened Karma Automotive last year, the company has built a Southern California factory and could re-introduce the model as soon as some time later this year. Meanwhile, Mr. Fisker himself said earlier this year that he was teaming up with Bob Lutz and Gilbert Villarreal to re-imagine the Karma as a high-performance sedan powered by the 6.2-liter V8 Corvette ZR1 engine. The collaboration, called VLF Automotive, showed off the latest version of their alternative Karma at the Detroit Auto Show and said at the time that the car would retail for a cool $229,000. News Source: Fisker Buzz via Green Car Reports Green Rumormill Fisker Hybrid extended-range plug-in karma karma automotive