Friday, April 12, 2024

The car brand Fisker lobbies for money within 12 months

Fisker Inc. said on Thursday this week that the car brand does not have enough cash to make ends meet over the next twelve months.

Fisker Inc. is on the hunt.

In a press release , the car brand writes that it probably does not have enough money to keep the business going within the next 12 months.

Therefore, the car brand, which was founded by Danish Henrik Fisker, is now looking for further investment in order to continue operations.

The investment(s) can i.a. come from an as-yet-unnamed car brand, which Fisker says they are in negotiations with.

READ ALSO: Danish car dealer fires all car brands

At the same time, it has emerged that Fisker plans to fire 15 percent of its employees. The announcement from Fisker caused the brand's already suffering stock to fall by a further 37 percent on Thursday.

– In the current situation, Fisker's funds are insufficient to cover its obligations over the next 12 months.

– The company needs additional investments or debt financing. And there is no guarantee that Fisker can achieve this, says the company.

The press release also states that Fisker may be forced to wind down the business if the desired investment or debt agreement is not achieved.

Latest

Don't miss

Alfa Romeo will not become a Chinese brand, promises the boss

Alfa Romeo is not leaving Europe to get into...

"Danish" car brand announces bankruptcy, FDM believes

Fisker's disclaimer appeared late last week. And that portends...

20-year-old gets banned – must drive everything but his own car

A driver named Miles Hudson has received a judge's...

These diesel and petrol cars cannot get stalls in the environmental zones

It doesn't really matter which car you drive around...

Now Swedish drivers can stab each other with a new app

With a new app, Swedish drivers can stab each...
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

The Russians are furious – 9 out of 10 new cars in the country are Chinese

After sanctions from the EU, Western car brands have largely fled Russia. That leaves the Russians with Chinese cars, something they are furious about....

The world's slowest Ferrari can only go 25 km/h

How it got out of the factory in Maranello, history does not say anything about, but in any case it has been slow. It...

Desperate Tesla? Want to sell cars in strange places in Denmark

For a period of time, Tesla will try to sell cars to the Danes who visit a number of shopping centres. Tesla is now...

The petrol company OK buys a supermarket chain

Petrol and diesel are unlikely to be on the shelves. But now the Danish energy company OK owns half of Coop. Energy company OK...

Mercedes owner sentenced for having a friend with him in the wrong car

A Mercedes owner has taken a serious hit in the economy after the High Court has concluded that he defrauded the state treasury by...

Municipality drops city sign with cult status after 20 years of thefts

It's all over with a town sign for the small Funen village of Snave. The town sign, which has almost cult status, is simply...

Cars with internal combustion engines will survive, says Aston Martin

As the latest in a long line of car brands, Aston Martin is now regretting its electric car plan. The focus must be on...

Sales plummet – car brand fires people in Denmark

Polestar sold just 7,200 cars worldwide in the first three months of 2024, almost 5,000 fewer than a year ago. Now people are being...

37-year-old short 40 kilometers – then the police came after the car

On the night of Thursday, a 37-year-old man was brought to an abrupt end. However, he managed to drive 40 kilometers in the wrong...

Recalling 341,000 cars with the same flammable fault

Mercedes thought the brand could "make do" with 116,000 cars. But now it turns out that there is a loose connection in another 225,000...

Electric cars must not have artificial engine noise, says Alfa Romeo

Alfa Romeo is well on its way to escaping the internal combustion engine. But this does not mean that the Italians will pump artificial...

Closes down completely to Danish cars – "It's timely care"

The Jutland energy group Aura has also tried a car-sharing service since January. But it is such a bad business that they are now...
footer.txt Viser footer.txt.