Friday, May 24, 2024

Then it happened: Danish car brand thrown off the stock market

The car brand Fisker Inc. was suspended from the Stock Exchange in New York. And now the bourse people want nothing to do with the dubious stock.

Henrik Fisker car brand Fisker Inc. is past on the stock exchange in New York.

On Monday of this week, the car brand was definitively kicked off the stock market after trading in it was suspended in March.

That's what Finance writes.

Thus, it looks like another hammer has been hammered into the coffin that is Fisker's car dealership. Production is currently at a standstill at the factory in Austria that Fisker rents in. And Reuters was able to announce in March that Nissan has dropped out of a potential investment.

The fact that Nissan dropped out also means that Fisker missed the opportunity to get his hands on the $150 million that an already existing investor had offered.

At home and in the rest of the markets where Fisker is present, the brand is currently trying to get rid of some of the cars from last year's production. There are said to be up to 5,000 cars that Fisker Inc. have not been able to sell.

However, the massive discounts come with something of a catch. Because since April 4, new Fisker customers have had to accept that they do not have to count on any kind of guarantee or right of complaint on the cars.

According to several reviewers, the cars themselves are nothing to shout about. And the American consumer magazine can talk about that. Not only is the Fisker Ocean the magazine bought for testing a nightmare to own. It has also lost a staggering amount in value. Read more about it here.

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