Wednesday, March 26, 2025

Fisker Inc. is dead – the car brand owes DKK 6 billion away

Fisker Inc. looks like a dead herring. The brand, led by Danish Henrik Fisker, has entered into an advance agreement that clears stock of 4,300 cars.

Fisker Inc. looks like a collapsed business. The car brand owes 850 million dollars, equivalent to 6 billion kroner.

And last Friday, it emerged in the US bankruptcy court, which is handling the car brand's request for bankruptcy protection, that Fisker's real assets are 4,300 Ocean models that have been stored in warehouses around the world.

At the hearing in the bankruptcy court, Fisker's lawyer Brian Resnick acknowledged that 'the company does not currently see itself in a position to obtain financing', and 'that it is therefore moving in the direction of a liquidation on top of the sale of its assets'.

In other words – Fisker closes his business. However, Brian Resnick says at the same time that a preliminary agreement has been concluded with one buyer who will purchase all 4,300 cars. Read more about it here .

READ ALSO: After bankruptcy protection – Henrik Fisker speaks out

According to the Reuters news agency, Fisker's two largest creditors are currently arguing about who has contributed to the funds that the closure of the car brand could possibly release. In the probate court it was, among other things, said that Fisker should have already applied for bankruptcy protection back in November last year.

However, the reality is, as you know, something else. All in all, Fisker has lived a somewhat tumultuous life for the past long while.

Back in February this year, Henrik Fisker said that his car company will be asking for money within 12 months if it fails to find further investment. It didn't happen.

Instead, production of Fisker Ocean came to a standstill. And the factory in Austria was left with an expected loss of several billion kroner and layoffs for 500 workers. Read more about it here .

Read more exciting news from and about the world of cars right here!

Latest

Don't miss

Dangerous phenomenon for your car coming to Denmark this weekend

Sand from the Sahara is expected to cause haze...

Tesla is missing 10 billion – no one knows where they are

Tesla is reportedly missing close to 10 billion kroner....

Citroën changes its mind – 2CV is resurrected after all

First they wanted to, then the media misunderstood something....

Have you checked your car insurance in 2025?

Many customers do not regularly check their car insurance...

Famous FCK coach disappointed his wife with a blue Suzuki

The former famous head coach and current national coach...
Boosted Magazine
Boosted Magazine
Boosted in Denmark has over a million unique users, surpassing two million sessions, and accumulating over seven million page views each month, and our platforms has become a hub for automotive enthusiasts. Now you can enjoy our content in English too! Enjoy our free car news - every day. Want to talk to us? Write an email to boosted@boostedmagazine.com
spot_img

Dead Formula 1 star leaves behind a fortune of 4 billion

Eddie Jordan's family will not be leaving home after the star's death last week. The fortune is estimated to be more than 4 billion....

EU bans people without a driving license from driving in other countries

On Tuesday, EU countries agreed on the first revision of the rules on driving licenses since 2006. The new rules mean, among other things,...

Auto parts giant goes bankrupt after 1 month

A new owner couldn't fix the problems. And now Goodtech Solutions, which made a living from robotics in the automotive industry, is going bankrupt...

Auto giant with billions in debt avoids bankruptcy at the last moment

The Swedish automotive giant IAC Group, which closed down last year, is avoiding total bankruptcy after a takeover by Indian Tata Autocomp. The Swedish...

Volvo refuses to release dictator car for itself

In the late 1970s, Volvo built a series of cars for the royal family and the dictatorship in East Germany. One of the cars...

Famous FCK coach disappointed his wife with a blue Suzuki

The former famous head coach and current national coach in Norway, Ståle Solbakken, now says that his wife was badly disappointed with a blue...

This is what the new Nissan Leaf will look like

One of the first electric cars to truly gain popular appeal is now getting a major facelift and a completely new platform. Here is...

Lewis Hamilton wants new Ferrari F40 with manual transmission

When Hamilton was a Mercedes driver, he wanted a special edition of the AMG One road car. Now he has suggested a new F40...

Media: Formula 1 coach fired after just 2 laps

According to PlanetF1, Liam Lawson is effectively out of the seat at Red Bull. He will be replaced by Japanese Yuki Tsunoda, who was...

BYD charger is 4 times faster than Tesla's Supercharger

New technology from Chinese BYD gives electric cars a range of 400 kilometers in just five minutes of charging. Most people associate fast charging...

Renault wants to build more Fast and Furious cars

The Renault 5 Turbo 3E is just the beginning of the fleet of Fast and Furious-inspired cars from the 00s that the brand will...

Electric cars don't sell – Dodge Charger gets V8 engine again

The Stellantis Group is having such a hard time selling the electric alternative that the V8 engine is on its way back into the...