2012 Fisker Karma Sport on 2040-cars

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Fisker Pear shows up in L.A. in video and pics

With the Fisker Ocean running down production lines at Magna's plant in Graz, Austria, Henrik Fisker has decided to let the Pear out the play. The Fisker Pear will be the second car introduced to the lineup, expected to happen sometime around late 2024. The CEO said he was going to take it out for a drive in L.A., and someone caught the hatchback crossing the new 6th Street Viaduct Bridge last Friday morning. This week, a prototype dressed in the same camouflage and bright green 22-inch Slipstream wheels was caught parked in an L.A. alley, giving us an even better look.  This one's dubbed a battery-electric city car for a global audience, its name an acronym for Personal Electric Automotive Revolution. Said to challenge cars like the Volkswagen ID.3 in international markets, the Pear is actually sized like a subcompact crossover. Length is given as 4.55 meters or 179.1 inches. That's 12 inches longer than the ID.3, 9.5 inches longer than the Chevrolet Bolt EUV, half an inch longer than the 2024 Chevy Trax. A series of patent application drawings at Fiskerati give glimpses into novel features, one of them being a drawer that emerges from the front fascia, the other being a hatch that partially disappears into the bumper. The steel chassis debuting with the Pear will eventually support two more vehicles. That platform can hold one of two batteries on offer, one for local city duty, and a Hyper Range pack with an estimated 310 miles of range. Fisker has announced a price of $29,900 for the base version with the smaller battery, but we imagine it's going to be hard to hold the line on that until the Pear goes on sale. The key to making it work is keeping the parts count low, and maximizing manufacturing efficiency. The automaker hired a production exec from BMW's South Carolina facility to oversee plans at the Foxconn facility where the Pear will be built, the target being 250,000 per year by 2025. Fisker wants the Pear to get Fisker Automotive to 1 million sales by 2027. Last we heard, Fisker said it had 5,000 reservations for the little guy. Now that it's out and about, we should see and learn more soon.

Fisker assets will be auctioned tomorrow, here's the situation today

The remains of Fisker Automotive - which might not even include the name and logo - are supposed to finally be sold off tomorrow, but the scene before the auction is anything but clear. As as reminder, the two bidding parties are Wanxiang and Hybrid Tech Holdings. Hybrid Tech was denied an emergency motion in court last week that would have lifted an earlier ruling that limited how much debt it can use to try and buy Fisker. The limit remains at $25 million. Bloomberg says that the winner's spoils are not so much the cars or the design but the 36 patents involved (about half are pending) as well as an established vehicle brand in both the US and China. The chief economist for the National Automobile Dealers Association, Steven Szakaly, told Bloomberg that, "[the auction is] not about the manufacturing, It's about the intellectual property." The patents include things like the electric drivetrain tech, the solar technology and the design of the mustache grille. Fisker executives have been hit with a $20-million lawsuit that claims they misled investors. And because lawsuits are easier to get than a DOE loan, a number of Fisker executives and the company's legal team have been hit with a $20-million lawsuit that claims Fisker misled investors. The Wall Street Journal reports that Fisker is accused of withholding information that would have given a clearer picture of Fisker's financial situation. According to the WSJ, the lawsuit says the Fisker team kept the negative news quiet, "because they needed huge sums of additional cash to fund Fisker Automotive to position the Company for a sale or an initial public offering...without plaintiffs' and other investors' money, Fisker Automotive was not a viable company." Meanwhile, Hybrid Tech Holding has hired a former Ford executive, Martin Leach, to be better prepared to manage the Fisker assets should Hybrid Tech win tomorrow. Leach told Reuters that he has been working on a business plan "for months," and it starts with the company taking care of current Karma owners and re-engaging suppliers. The most difficult challenge, we imagine, will be with A123 Systems, which supplied the Karma's batteries but was bought by Wanxiang over a year ago. Leach said that Hybrid could get new batteries from Boston Power. Featured Gallery Fisker Atlantic News Source: Bloomberg, The Wall Street Journal, Reuters, AP Green Fisker Electric Hybrid PHEV lawsuit fisker atlantic martin leach

VLF finally delivers first V8-powered, Karma-based Destino

The Destino idea has been bouncing around in Bob Lutz's head for a while, but in January things got serious when Lutz, Karma designer Henrik Fisker, and entrepreneur Gilbert Villarreal got together to form VLF. A few months later, Lutz says the first Destino is on its way to a customer, The Detroit News reports. As a reminder, the Fisker Karma ended up in foreign-ownership purgatory after the Fisker Automotive outfit hit financial troubles in 2013. That was around the same time we first heard rumblings about the Destino. As the Destino has evolved (and the company that builds it has changed names and relaunched itself), some things remain the same. There's still a GM LS9 supercharged V8 in it, best known as the engine at the heart of the C6 ZR1, driving the rear wheels. The Destino starts at $229,000, and it's on sale, well, now. Related Video: Featured Gallery VLF Destino View 12 Photos News Source: The Detroit News Fisker GM Automakers Luxury Performance Sedan corvette zr1 Henrik Fisker vlf automotive