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Exclusive: Bob Lutz, Chinese in bid to buy Fisker Automotive - sources

2013-05-22 06:16:03| Automakers - Topix.net

Apple's ability to shelter billions of dollars of income from tax has depended on an unusual loophole in the Irish tax code that helps the country compete with other countries for investment and jobs.

Tags: buy automotive sources chinese

 

Fisker Auto founders, fires furloughed employees, preps for bankruptcy

2013-04-08 22:28:12| Extremetech

Fisker Karma has laid off 75% of its workers and is examining its bankruptcy options. It's lights-out for a manufacturer that never managed to reliably deliver its questionably priced product.

Tags: auto employees bankruptcy fires

 
 

Fisker to cut three-fourths of its work force Troubled electric car...

2013-04-06 08:55:07| Apparel - Topix.net

Shoppers walk past the iconic L.L. Bean boot outside the L.L. Bean retail store, Friday, March 8, 2013, in Freeport, Maine.

Tags: work car force cut

 

Fisker terminates 75% of workforce in effort to stave off potential bankruptcy

2013-04-05 22:44:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Fisker, the struggling, US government-backed hybrid sports car maker, terminated most of its rank-and-file employees on Friday, in a last-ditch effort to conserve cash and stave off a potential bankruptcy filing, sources said. In a statement, Fisker confirmed that it let go about 75% of its workforce. The automaker said it was "a necessary strategic step in our efforts to maximize the value of Fisker's core assets." A Fisker representative could not immediately answer questions on the company's...

Tags: off potential effort bankruptcy

 

Fisker ready to pull the plug

2013-04-05 19:20:53| CNET News.com

A report by Reuters says that Fisker laid off 160 of its employees this morning, which seems to spell the end for the luxury plug-in hybrid manufacturer. [Read more]

Tags: ready pull plug fisker

 

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