Latest Fisker Automotive Stories

2014-07-28 12:22:35

COSTA MESA, Calif., July 28, 2014 /PRNewswire/ -- FA Liquidating Corp. (F/K/A Fisker Automotive. Inc.) and FAH Liquidating Corp. (F/K/A Fisker Automotive Holdings, Inc.) (collectively, the "Company") today announced that the United States Bankruptcy Court for the District of Delaware has confirmed its chapter 11 plan. The Company received court approval of its sale to Wanxiang Group Corp. in February for $149.2 million. In April, the Company announced it had signed a global...

2014-07-08 12:20:47

AUBURN HILLS, Mich., July 8, 2014 /PRNewswire/ -- TI Automotive, a leading global supplier of fluid storage, carrying and delivery technology, has named Matthew Paroly chief legal officer and company secretary. He replaces Tim Guerriero, who is retiring after 15 years with the company. "Matt brings a tremendous amount of knowledge and experience within the automotive industry to TI Automotive, and we look forward to his contributions," said Bill Kozyra, chairman, CEO and president,...

2014-03-24 16:21:01

COSTA MESA, Calif., March 24, 2014 /PRNewswire/ -- Fisker Automotive, Inc. and Fisker Automotive Holdings, Inc. (collectively, Fisker Automotive) announced today that their transaction to sell substantially all of their assets to an affiliate of Wanxiang America Corp. (Wanxiang) for consideration valued at approximately $150 million has closed. "The completion of this transaction represents a significant achievement and is a great result for all Fisker Automotive stakeholders," said...

2014-02-18 16:20:18

COSTA MESA, Calif., Feb. 18, 2014 /PRNewswire/ -- Fisker Automotive, Inc. and Fisker Automotive Holdings, Inc. (collectively, Fisker Automotive) announced today that the Company has obtained bankruptcy court approval of the sale of substantially all of its assets to Wanxiang America Corporation (Wanxiang). "Today's approval of the sale of Fisker's assets to Wanxiang affirms the value of the Fisker technology and its product development capability," said Marc A. Beilinson, Fisker...

2014-02-14 20:20:12

- Wanxiang America Corporation Submits Successful Bid Valued at $149.2 Million COSTA MESA, Calif., Feb. 14, 2014 /PRNewswire/ -- Fisker Automotive, Inc. and Fisker Automotive Holdings, Inc. (collectively, Fisker Automotive) announced today that after 19 rounds of bidding Wanxiang America Corporation (Wanxiang) has been selected as the highest and best bidder in a competitive auction completed on Friday, February 14, 2014, in a transaction that includes the acquisition of Fisker's...

2014-01-14 00:20:10

DETROIT, Mich., Jan. 14, 2014 /PRNewswire/ -- VL Automotive of Auburn Hills, Michigan, held the world premiere of its Destino two-door hard top convertible touring coupe Concept at the 2014 North American International Auto Show today. The Destino Red concept, based on the Fisker Karma chassis and re-designed by former General Motors vice chairman Bob Lutz, now joins the Destino sedan he and VL Automotive co-founder Gilbert Villarreal introduced last year. The Destino is powered by a...

Word of the Day
  • Exultant; jubilant; triumphant; on the high horse.
  • Tipsy; slightly intoxicated.
This word may come from the phrase 'to set cock on hoop,' or 'to drink festively.' Its origin otherwise is unclear. A theory, according to the Word Detective, is that it's a 'transliteration of the French phrase 'coq a huppe,' meaning a rooster displaying its crest ('huppe') in a pose of proud defiance.' Therefore, 'cock-a-hoop' would 'liken a drunken man to a boastful and aggressive rooster.'