Lucid cars are well-made and high-performing, but the manufacturer's financial instability makes them a risky purchase. A ...

Jacqueline Palank was the deputy bureau chief of WSJ Pro Bankruptcy, helping to manage a team of reporters covering bankruptcy and corporate restructuring.

EREV cars and trucks rely on battery powered motors for propulsion ... Earlier examples of this type of vehicle – the Chevy Volt and Fisker Karma – were introduced to the U.S market in 2011. These ...

Fisker Inc. will wind down operations under a bankruptcy plan approved Friday that should allow car owners to drive their cars for years — while not paying anything to shareholders who were ...

A New York-based company called American Lease was less deterred by this warning and in June agreed to purchase the remaining Fisker inventory—approximately 3,300 cars for a total of $46.3 ...

Initially headquartered in Manhattan Beach, Fisker Automotive opened a facility more recently in La Palma in Orange County. Reports say in early 2024, the company experienced major financial ...

GMC emerges as G.M.’s strongest post-bankruptcy marque; the company that bought Fisker promises to build E.V.s in the United States. After the merger with VL Automotive, GreenTech Automotive ...

Irvine-based Fisker Automotive will be liquidated, in an an agreement with creditors on Friday in bankruptcy court. According to reports, there are likely to be over $1 billion in secured and ...

Now some 6,400 Fisker owners like De Bardi wondered: What will happen to their cars in the future? The bankruptcy “lit a fire,” De Bardi says. “We had to get organized if we had any chance ...

This is Henrik's second attempt at building an automotive company. His first also went bankrupt after launching its first model, which was $100,000 hybrid plug in. In that in between, Fisker has ...

But it does mean that its namesake, CEO and design legend Henrik Fisker, has now overseen two failed automotive startups. After months of corporate cutbacks, rumors about bankruptcy advisors and ...