Fisker Automotive Founder Quits As Company Seeks Savior
Fisker Automotive Founder Quits As Company Seeks Savior
Joann Muller, Forbes Staff
Auto designer Henrik Fisker, co-founder of start-up Fisker Automotive, resigned as executive chairman today over disagreements with management over the future of the luxury plug-in hybrid manufacturer.
The company, which suspended operations while it seeks additional investors, said Fiskers departure wont change efforts to find a strategic partner with deep enough pockets to keep the company in business.
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The company is weighing multiple bids from companies willing to help it stay in business, including a $350 million offer from Dongfeng Motor Corp. that would give the Chinese carmaker majority control, people with knowledge of the matter told Bloomberg News last month.
Fisker needs additional investment to continue producing the $103,000 Karma and to launch the Nina, a lower priced plug-in hybrid the company had wanted to build at a renovated factory in Delaware.
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