Sunday, January 19, 2025

Bankrupt Fisker has sold more electric cars than Volkswagen

There's no avoiding a bizarre dispute on official sales lists in the US – bankrupt Fisker Inc. has sold more electric cars than Volkswagen.

Fisker Inc., an American electric car brand that went bankrupt earlier this year, managed to sell more electric cars in the US in October than Volkswagen. This despite the fact that Fisker declared bankruptcy in June and began to close in October.

According to data from S&P Global Mobility, Fisker registered 110 electric vehicles in the US in October, while Volkswagen sold only 92 electric vehicles.

Even Fiat, which is not known to be a big player in the electric car market either here or on the other side of the Atlantic, sold more electric cars than VW. Namely 135.

Fisker's sales figures were helped by a sale of stock cars. Following the bankruptcy filing, a US court has approved Fisker's plan to sell approximately 3,000 examples of the Ocean electric car that have been gathering dust in warehouses around the world.

These cars were purchased by American Lease, a leasing company in New York, while others were sold at deep discounts through the remaining Fisker dealerships.

Volkswagen's low sales figures in October were due to 'operational' issues, according to the brand itself. With only two electric cars on the US market, the ID.4 and ID.Buzz, Volkswagen's range is limited.

The situation worsened when a recall of nearly 100,000 ID.4s with defective doors halted sales. Production at Volkswagen's Chattanooga, Tennessee, plant was also halted in late September, further limiting sales.

For Volkswagen, October is another month that both management and employees would rather forget. The fact that a brand that no longer exists is outselling them in electric car sales illustrates the challenges the German car giant faces. Back home in Germany, however, there are much bigger problems to contend with. Read more about it here .

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