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Magna International, builder of Fisker's Ocean EV, announces in its Q1 2024 earnings call that production of the vehicle is idled and it assumes it is unlikely to restart
Published: May 07, 2024 by Quartz
Magna International sees Q1 profit drop to US$9.0M from US$209.0M a year ago due to US$316.0M asset impairments and restructuring costs related to struggling EV company Fisker; Magna reports Q1 sales up at US$10.97B from US$10.67B a year ago
Published: May 03, 2024 by Canadian Press DataFile
Fisker is reportedly in discussions with four car companies for a potential takeover deal, keeping hopes for the struggling brand alive; founder Henrik Fisker confirmed during a staff meeting that four companies had signed NDAs for due diligence
Published: April 29, 2024 by Autoblog
List of affordable EVs available under US$50,000 in 2024 expands with options from Nissan, Mini Cooper, Hyundai, Fiat, Chevrolet, Volvo, Fisker, Tesla, Kia, Volkswagen, Ford, Toyota, Subaru, Vinfast and Honda; Nissan Leaf leads list at US$29,280
Published: April 17, 2024 by Autoblog
Fisker suspends automobile production for six weeks to reduce inventory of about 4,700 EVs, fails to make an US$8.4M interest payment, and makes plans to raise US$150.0M through financing deal; the company's shares drop by 14%
Published: March 18, 2024 by Autoblog

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