FiestaST
Honorary Master
Auto Focus review of the Ocean with the V2.0 Software
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The Fisker Thread
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FiestaST
Honorary Master
Fisker Can't Even Get The Ocean's Doors Right
The tough times keep rolling for Fisker as a third NHTSA probe hits the Ocean electric crossover
Auto safety regulators have apparently opened a preliminary probe in the very troubled Fisker Ocean because of complaints the doors of the electric crossover sometimes don’t open when you want them to. This is less than ideal if you are familiar with the functionality of doors. Man, Fisker really cannot catch a break.
The National Highway Traffic Safety Administration’s Office of Defect Investigations has received 14 complaints from customers saying there was an intermittent failure of the latch and handle that prevented the opening of all four passenger doors, according to Reuters. That isn’t typically what you want. To make matters worse, some reports have also alleged the emergency override mechanism also failed to pop the door. This is now the third NHTSA probe into the Fisker Ocean. The first has to do with the Ocean’s brakes, and the other involves unintended vehicle movements.
Fisker has had a rough go of it for a few months now — outside of these safety issues. Last month, it was delisted from the stock market, and a potential deal for an investment from a large automaker collapsed. Now, it’s looking like bankruptcy is on the horizon.
jalopnik.com
The tough times keep rolling for Fisker as a third NHTSA probe hits the Ocean electric crossover
Auto safety regulators have apparently opened a preliminary probe in the very troubled Fisker Ocean because of complaints the doors of the electric crossover sometimes don’t open when you want them to. This is less than ideal if you are familiar with the functionality of doors. Man, Fisker really cannot catch a break.
The National Highway Traffic Safety Administration’s Office of Defect Investigations has received 14 complaints from customers saying there was an intermittent failure of the latch and handle that prevented the opening of all four passenger doors, according to Reuters. That isn’t typically what you want. To make matters worse, some reports have also alleged the emergency override mechanism also failed to pop the door. This is now the third NHTSA probe into the Fisker Ocean. The first has to do with the Ocean’s brakes, and the other involves unintended vehicle movements.
Fisker has had a rough go of it for a few months now — outside of these safety issues. Last month, it was delisted from the stock market, and a potential deal for an investment from a large automaker collapsed. Now, it’s looking like bankruptcy is on the horizon.
Fisker Can't Even Get The Ocean's Doors Right
The tough times keep rolling for Fisker as a third NHTSA probe hits the Ocean electric crossover
jalopnik.com
FiestaST
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Is Fisker a SCAM? - Austin Evans
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Fisker now expects to go bankrupt within 30 days
EV startup Fisker's recent woes have been thoroughly documented - back in March it was seeking bankruptcy advisors following talks with Nissan not converting into a partnership. Also in March, the company stopped production of its Ocean EV, and then abruptly cut its price so it could quickly get rid of existing inventory.
Today the company has announced in a regulatory filing with the SEC that it expects to file for bankruptcy within the next 30 days, unless a miracle happens and it gets relief from its creditors or somehow manages to raise some extra cash.
www.arenaev.com
EV startup Fisker's recent woes have been thoroughly documented - back in March it was seeking bankruptcy advisors following talks with Nissan not converting into a partnership. Also in March, the company stopped production of its Ocean EV, and then abruptly cut its price so it could quickly get rid of existing inventory.
Today the company has announced in a regulatory filing with the SEC that it expects to file for bankruptcy within the next 30 days, unless a miracle happens and it gets relief from its creditors or somehow manages to raise some extra cash.
Fisker now expects to go bankrupt within 30 days
Unless it gets relief from creditors or it can raise some extra cash in the meantime.
www.arenaev.com
FiestaST
Honorary Master
FiestaST
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Should Tata (Land Rover) buy Fisker and make THIS a new Range Rover Evoque Electric? - RSymons RSEV
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Fisker in deep water as production of Ocean EV scrapped by partner
The outlook for the Fisker Ocean electric SUV is looking grim as contract manufacturer Magna International hits pause on building more of the vehicles. While enthusiasts of Fisker hoped the Ocean would be a rising star in the competitive EV market, the startup company is battling financial headwinds and the possibility of sinking altogether.
Magna International, an experienced global auto manufacturing partner, recently revealed that it’s expecting to discontinue building the stylish Ocean SUV amid Fisker’s monetary struggles. Magna CEO Swami Kotagiri admitted that Fisker’s situation could cost his company around €373 million in sales and affect profit margins.
Fisker had high hopes for the Ocean, promising innovative features like a rotating screen, solar roof options, and an affordable entry-level price point. However, supply chain issues, production delays, and software development problems plagued the company from the start. In an attempt to boost sales and stay afloat, Fisker aggressively slashed prices in March, dropping the base model to an eye-catching €23,295. While the discount stirred up interest in its cars, it left early buyers of the Ocean reeling and undermined public trust in the company.
www.arenaev.com
The outlook for the Fisker Ocean electric SUV is looking grim as contract manufacturer Magna International hits pause on building more of the vehicles. While enthusiasts of Fisker hoped the Ocean would be a rising star in the competitive EV market, the startup company is battling financial headwinds and the possibility of sinking altogether.
Magna International, an experienced global auto manufacturing partner, recently revealed that it’s expecting to discontinue building the stylish Ocean SUV amid Fisker’s monetary struggles. Magna CEO Swami Kotagiri admitted that Fisker’s situation could cost his company around €373 million in sales and affect profit margins.
Fisker had high hopes for the Ocean, promising innovative features like a rotating screen, solar roof options, and an affordable entry-level price point. However, supply chain issues, production delays, and software development problems plagued the company from the start. In an attempt to boost sales and stay afloat, Fisker aggressively slashed prices in March, dropping the base model to an eye-catching €23,295. While the discount stirred up interest in its cars, it left early buyers of the Ocean reeling and undermined public trust in the company.
Fisker in deep water as production of Ocean EV scrapped by partner
The Fisker Ocean electric SUV faces an end of the road as its manufacturer grinds production to a halt amid the company’s financial woes.
www.arenaev.com
FiestaST
Honorary Master
FiestaST
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Fisker's Austrian arm files for reorganization following production stop
A few days ago Fisker's production partner for the Ocean EV, Magna Steyr, announced that it stopped building the vehicles for the struggling company. And today, Fisker's Austrian arm, which oversaw the managing of the contract manufacturing performed by Magna Steyr in Austria, has filed for reorganization and court protection from creditors.
This is roughly equivalent to filing for Chapter 11 bankruptcy protection in the US. That may also happen for Fisker in the US in the coming weeks, as the company has said in late April that it expects to go bankrupt within 30 days unless a miracle happens - which in this case would be it getting relief from its creditors or managing to raise some extra money somehow.
www.arenaev.com
A few days ago Fisker's production partner for the Ocean EV, Magna Steyr, announced that it stopped building the vehicles for the struggling company. And today, Fisker's Austrian arm, which oversaw the managing of the contract manufacturing performed by Magna Steyr in Austria, has filed for reorganization and court protection from creditors.
This is roughly equivalent to filing for Chapter 11 bankruptcy protection in the US. That may also happen for Fisker in the US in the coming weeks, as the company has said in late April that it expects to go bankrupt within 30 days unless a miracle happens - which in this case would be it getting relief from its creditors or managing to raise some extra money somehow.
Fisker's Austrian arm files for reorganization following production stop
Things definitely aren't getting better for the EV maker.
www.arenaev.com
FiestaST
Honorary Master
FiestaST
Honorary Master
Fisker Tells Ocean Owners They No Longer Have Roadside Assistance
Ocean owners got yet another reminder that the end is near for the company as a big part of their vehicle purchase was just cut.
The prognosis for Fisker owners seems to get worse and worse every week. The bankruptcy is still a looming threat, and the company is essentially having a fire sale to get rid of leftover inventory even though an Ocean is probably the last thing anyone should be buying right now. Now comes word that things have gotten slightly worse for Ocean owners.
Autoevolution reports that Fisker has sent out an email to Ocean owners in the U.S. and Puerto Rico that, effective immediately, their roadside assistance is gone. It might be a shock to some, but as Autoevolution pointed out, it was only a matter of time; the company recently cut roadside assistance for European owners as well.
jalopnik.com
Ocean owners got yet another reminder that the end is near for the company as a big part of their vehicle purchase was just cut.
The prognosis for Fisker owners seems to get worse and worse every week. The bankruptcy is still a looming threat, and the company is essentially having a fire sale to get rid of leftover inventory even though an Ocean is probably the last thing anyone should be buying right now. Now comes word that things have gotten slightly worse for Ocean owners.
Autoevolution reports that Fisker has sent out an email to Ocean owners in the U.S. and Puerto Rico that, effective immediately, their roadside assistance is gone. It might be a shock to some, but as Autoevolution pointed out, it was only a matter of time; the company recently cut roadside assistance for European owners as well.
Fisker Tells Ocean Owners They No Longer Have Roadside Assistance
Ocean owners got yet another reminder that the end is near for the company as a big part of their vehicle purchase was just cut.
jalopnik.com