Fisker laying off employees, entire PR staff
Cutbacks may signal company is preparing to sell or fold, but plans have not been confirmed.
Fisker's PR staff could not be reached this morning for comment. The number of affected employees is unclear, but for Fisker, a small plug-in hybrid automaker based in California that sells the $103,000 Karma sedan, any number is significant.
According to Reuters, 160 employees were terminated this morning. Only 53 "senior managers and executives" will remain, the report said.
The layoffs are not surprising. Three weeks earlier, the company's founder and Executive Chairman Henrik Fisker quit over "major disagreements" with the board. Fisker Automotive has been trying to sell the company since at least February and has received bids from several Chinese automakers, although no deal has gone through. It is expected the company will be sold, either as a whole or by its individual assets.
In February 2012, Fisker stepped down as CEO to become executive chairman soon after a congressional hearing blasted the company for its lackluster fuel-economy ratings and the Energy Department froze the remainder of a $529 million loan. Tom LaSorda from Chrysler took over, only to step down in August shortly before the company’s second recall, which involved a string of battery failures and engine-compartment fires. Tony Posawatz, who led the Chevrolet Volt development team, is still the current CEO.
So far, Fisker has built and delivered 1,500 Karma sedans in the U.S. and Europe and set up a network of 79 dealerships. Fisker hasn't built any cars since July, when problems at its battery supplier, A123 Systems, forced that company to go bankrupt and delay shipments. Fisker's next car, the smaller Atlantic, is due for production this year, but its manufacturing plant in Delaware is still idle.
What they had bad gas mileage? Really, how can a 5300 pound car get bad gas mileage.
So not surprised.
The whole electric car thing is a joke. By the time it is perfected something better will be in use any ways. With the increases in fuel mileage for a standard gas car how is an electric car ever going to be better?
Plus with all the talk about how they are going to be doing something else to replace gas tax revenue how is our actual transportation cost going to go down any ways?
And how much "Green Jobs" money did they get from the Federal Government under Obama?
HYPE HYPE HYPE you fake green product, get your money , then dont deliver
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