FILE - Fisker Automotive's Fisker Karma, a sports luxury plug-in hybrid car, is displayed at the 2010 Los Angeles Auto Show in Los Angeles, Nov. 18, 2010. Electric vehicle maker Fisker has filed for Chapter 11 bankruptcy protection in a period when even the top manufacturers in the industry are struggling. Its operating subsidiary, Fisker Group Inc., said in its filing that its estimated assets were between $500 million and $1 billion. .
The company hasn’t set aside funds for vehicle buybacks from consumers. It could, however, potentially sell off parts of the business to a buyer that would then be able to offer warranties to existing owners and service the vehicles. That’s what happened with Fisker Automotive, founder Henrik Fisker’s previous plug-in hybrid company, which went bankrupt in 2013.
Hammer, like many Fisker owners, has turned to social media for workarounds and fixes to issues such as software bugs, internal passenger lights that won’t shut off, unreliable key fobs and windshield cracks. Some owners with vehicles that are mostly working correctly have started taking screenshots and compiling notes for future repair needs.
Currently, she is driving a different Ocean the company sent her in mid-May as a loaner. But she’s unsure what to do with the vehicle when its tags expire in January or if the company officially goes out of business before that. Her original Fisker remains parked outside her house, still awaiting repairs, while she pays insurance on both vehicles.If Fisker fails, there is a potential lifeline for its former customers: Owners clubs.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: NBCPhiladelphia - 🏆 569. / 51 Read more »