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Eyes are on Fisker Automotive as the threat of its bankruptcy looms, financial obligations are not met, and no buyer or bailout is in sight. The company missed its deadline yesterday to pay its first installment on around $193 million in low-interest federal loans, and today several principal executives are scheduled to stand before a […]

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Not surprisingly, it was largely about money. In this case, according to anonymous sources divulging internal communications at Fisker Automotive, things came to a head between Henrik Fisker and CEO Tony Posawatz over whether federal funds should be relied upon. Contrary to other speculation, the founder of his namesake company did not walk out because […]

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Henrik Fisker, the founder and executive chairman of the California-based maker of the only pure series hybrid production car has left the company. Citing “several major disagreements” with members of Fisker Automotive’s leadership team, company representatives said the talented designer who penned its entire existing and said-to-be pending product line has abandoned his aspirations with […]

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