Fisker bankruptcy plan approved after deal on vehicle tech support

Fisker Ocean — (FISKER)

R

By:

Reuters

October 12, 2024 12:42 PM

NEW YORK — Electric vehicle startup Fisker received court approval of its bankruptcy liquidation plan on Friday, following last-minute negotiations to preserve the company's $46 million sale of its remaining inventory of about 3,000 Ocean crossovers.

Featured Stories

Suppliers slash spending, jobs, EV plans as they brace for middling new-vehicle sales

Suppliers slash spending, jobs, EV plans as they brace for middling new-vehicle sales

Hyundai, Kia set 5th straight record sales in February

Hyundai, Kia set 5th straight record sales in February

Carvana moves into franchise ownership with purchase of Stellantis store

Carvana moves into franchise ownership with purchase of Stellantis store

Top 5 stories of the week: Downtime at Chevy Corvette plant; Stellantis earnings

Top 5 stories of the week: Downtime at Chevy Corvette plant; Stellantis earnings

Latest News

Toyota pursues “right on time” electrification transition

BYD seeks to ‘put down roots’ in Europe as sales slump in key German market

Mexico, Canada tariffs coming March 4, but Trump will set exact levels, says U.S. commerce head

Suppliers slash spending, jobs, EV plans as they brace for middling new-vehicle sales

Staying current is easy with newsletters delivered straight to your inbox.

See More in Automakers

Stellantis Brampton faces added 6 months of downtime as gas-powered Jeep cuts in line, analyst says

Top 5 stories of the week: Downtime at Chevy Corvette plant; Stellantis earnings

EU to propose steps to boost EV demand, require more local batteries

EU will ask India to cut tariffs on cars to boost ties, reduce reliance on China

Staying current is easy with newsletters delivered straight to your inbox.