Remove Dealers Remove Fisker Remove SUV
article thumbnail

Fisker adds new US dealer and several more in Europe as extreme price cuts take effect

Electrek

California-based EV startup Fisker signed a new dealer in Miami and several in Europe as it fights to turn things around. After announcing massive price cuts on its Ocean electric SUV last month, Fisker looks to grow its dealer network.

Fisker 105
article thumbnail

Fisker scraps direct sales and turns to auto dealers for sales

Teslarati

Fisker is scrapping plans for direct sales to customers. We decided we would rather give that money to a dealer so that we could expand faster,” said Henrik Fisker, the CEO, President, and Chairman of the EV startup. At its Q3 2023 earnings call, Fisker admitted having trouble following through with deliveries.

Fisker 108
article thumbnail

Fisker braking complaints trigger NHTSA probe

Teslarati

The National Highway Traffic Safety Administration initiated a probe on 2023 Fisker Ocean vehicles after receiving 9 complaints about the car’s breaks. The NHTSA’s Office of Defects Investigation (ODI) opened a Preliminary Evaluation (PE) to determine the scope and severity of Fisker’s brake complaints.

Fisker 105
article thumbnail

Report: Fisker Hired a Bankruptcy Consultant Ahead of Possible Restructuring

The Truth About Cars

Fisker is on the ropes, telling investors that there were doubts it could continue operating without significant outside investment. Electrek reported on the Wall Street Journal story, noting that Fisker’s unique contract with manufacturing partner Magna Steyr cuts into its profit margins but prevents runaway operating costs.

Fisker 98
article thumbnail

Fisker has reportedly hired bankruptcy consultants [Updated, Fisker responds]

Baua Electric

Fisker has reportedly hired “restructuring advisers to assist with a possible bankruptcy filing,” according to the Wall Street Journal on Wednesday. Update: Fisker responded with a statement, included below. Fisker has been going through a rough time lately, with its stock possibly being delisted due to low share prices.

Fisker 52
article thumbnail

Fisker Ocean Owners Face Another Blow: Recall Costs Paid Out Of Pocket

InsideEVs

The ill-fated Ocean SUV is the subject of five recalls, two of which require spare parts and a visit to the dealer.

Fisker 122
article thumbnail

Fisker slashes MSRPs of Ocean trims by tens of thousands as it fights to stay in business

Baua Electric

Fisker Inc. With a potential shuttering of its doors looming, the American EV automaker is now pulling every lever to maximize revenues, including unprecedented discounts on its lone model, the Fisker Ocean. Fisker Inc. Fisker Inc. We quickly learned that the potential savior of an OEM was Nissan.

Fisker 52