Saturday, April 13, 2024

Fisker to merge unknown car brand for bankruptcy

In an attempt to avoid bankruptcy, Fisker Inc. announces now that they are looking for another car brand to share costs and platform technology with.

In a press release, Fisker Inc., headed by Danish Henrik Fisker, states that it does not have enough money for the next 12 months.

The announcement comes on top of the news that in the course of 2023 the brand lost more than 463 million dollars, corresponding to 3.1 billion Danish kroner.

But all hope is not lost. This is what the car brand writes in the same press release .

In this, Fisker also writes that they are in negotiations about a partnership with another car brand, without however naming it.

READ ALSO: Danish car dealer fires all car brands

However, the fact that there are talks between the partners is no guarantee of Fisker Inc.'s survival. The electric car brand itself admits this.

Fishermen also try to look for other lifelines. Among other things, they will try to bring in additional investments or have their debts restructured. Finally, Fisker must fire 15 percent of all employees.

This, says Henrik Fisker, is primarily due to the fact that the brand is increasingly entrusting the sale of its own cars to established dealers.

However, the wretched economy is just the latest in a whole series of bad news from Fisker. Back in February, it emerged that the US road safety authorities are investigating 4,000 Ocean models for serious defects.

A Danish Fisker owner has told Boosted that he can also recognize errors that plague the American owners. Read more about it here .

Read more news from and about Fisker here!

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