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Fisker Automotive filed for Chapter 11 bankruptcy protection today. As part of a restructuring plan and to fund the sale, Hybrid Tech Holdings LLC will buy Fisker’s assets with $8 million in debtor-in-possession financing. Fisker has been dormant since last year and industry watchers were waiting to see whether it would file bankruptcy following a […]

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This morning at 8 am Pacific time, Fisker Automotive laid off an additional 160 of its employees. This report comes trailing similar grim news that around 200 had been laid off – or as Fisker’s PR team had phrased it, “furloughed” and bankruptcy was being considered Word has it a mere 53 employees remain out […]

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