Remove Austria Remove Dealers Remove Manufacturer Remove SUV
article thumbnail

Fisker files bankruptcy equivalent in Austria to gain ‘breathing room’ amid Ocean production halt

Baua Electric

Although Fisker successfully launched its flagship Ocean SUV, it was quickly hit with several software issues and lower-than-anticipated sales. says the restructuring in Austria will offer the business a little more time to woo a new investor. As such, over 40,000 reservation holders canceled their Ocean orders.

Austria 52
article thumbnail

Fisker confirms potential EV partnership with “large automaker”

Baua Electric

Fisker is in talks with an unnamed “large automaker” for a potential investment, development of one or more EV platforms, and North American manufacturing. Fisker Alaska electric truck concept Fisker has so far relied on contract manufacturing for production of its sole model, the Ocean electric SUV.

Fisker 40
article thumbnail

Fisker pauses production, with glut of undelivered EVs

Baua Electric

Fisker has paused production of its Ocean electric SUV for six weeks as it seeks to draw down inventory and secure additional financing. The production pause at contractor Magna’s Graz, Austria, factory is intended to give Fisker time to sell some of these vehicles.

Fisker 52
article thumbnail

Fisker Q4 report: ‘Substantial doubt’ it can continue, seeks investment from ‘large automaker’

Baua Electric

Deliveries of the company’s flagship Ocean SUV continued to grow last year as Fisker unveiled three additional models in its pipeline. Fisker previously relayed that over 250 dealer partners in North America have expressed interest, but only 13 have actually signed agreements. That said, Fisker Inc. FSR) as it was challenging.

Fisker 52
article thumbnail

JATO: global vehicle sales fall by 39% in March; electrified vehicles up to 17.4% new registration market share in Europe

Green Car Congress

Markets were significantly hit in Italy, France, Spain, Austria, Ireland, Slovenia, Greece and Portugal, where the combined volume fell from 634,600 units in March 2019 to 161,800 units last month. Registrations of SUVs fell by 48% to 338,300 units while increasing their market share to almost 40%. million units.

Europe 261