Fisker files bankruptcy equivalent in Austria to gain ‘breathing room’ amid Ocean production halt
Baua Electric
MAY 8, 2024
Its stock tanked after Fisker halted Ocean production at Magna-Steyr in Austria, which was quickly followed by the automaker slashing tens of thousands off Ocean MSRPs to liquidate its existing stockpile of assembled vehicles. says the restructuring in Austria will offer the business a little more time to woo a new investor.
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