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Fisker adds new US dealer and several more in Europe as extreme price cuts take effect

Baua Electric

After announcing massive price cuts on its Ocean electric SUV last month, Fisker looks to grow its dealer network. Fisker adds new dealers as price cuts roll out After missing an interest payment and expressing “substantial doubt” in its ability to continue operations in March, Fisker announced it paused production for six weeks last month.

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GM Files Voluntary Chapter 11; Agreements with US Treasury and Canada; New GM Expected in 60-90 Days

Green Car Congress

Jacksonville, Fla. Warrants granted to GM at closing to acquire newly issued shares in the New GM equal to 15% of its outstanding common equity, with various exercise prices and expirations. billion of bridge financing from the German government and a Memorandum of Understanding to partner with Magna International Inc.

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