Herm
Well-known member
GRA said:Fisker just appointed Tony Posawatz as CEO
Poor man!.. its a demotion.
Fisker could pull out all the ICE stuff out and just put another battery in the front.
GRA said:Fisker just appointed Tony Posawatz as CEO
Presumably he felt he had hit the ceiling at GM, or just wanted a different challenge (and he's certainly got one!)Herm said:GRA said:Fisker just appointed Tony Posawatz as CEO
Poor man!.. its a demotion.
Fisker could pull out all the ICE stuff out and just put another battery in the front.
DETROIT (Reuters) - Fisker Automotive, a green car company that received funding from the U.S. government, is recalling about 2,400 Karma plug-in hybrids to repair a faulty cooling fan unit that was the cause of a vehicle fire in Woodside, California last week...
MEDIA STATEMENT -- Woodside, CA Incident
ANAHEIM, CA -- August 18, 2012:
Fisker has completed a detailed investigation into the roadside fire involving a Fisker
Karma sedan on August 10 in Woodside, CA.
The investigation conducted by Fisker engineers, working with an independent fire
expert from Pacific Rim Investigative Services Group, has identified the root cause of
the incident.
The investigation located the ignition source to the left front of the Karma, forward of the
wheel, where the low temperature cooling fan is located. The final conclusion was that
this sealed component had an internal fault that caused it to fail, overheat and start a
slow burning fire.
Fisker has today voluntarily elected to conduct a recall with respect to this cooling fan
unit. The company is working with the responsible supplier and this recall campaign is
not expected to have a material financial impact on Fisker.
Fisker has already contacted its retailer network. Customers are expected to be
contacted by retailers, ahead of their receiving formal notice from the company by mail,
to have the cooling fan replaced with a unit that meets the required specifications. At
the same time an additional fuse will be installed for added protection.
In their investigation, independent experts established that the incident was not caused
by the Lithium-ion battery pack, new technology components, engine component
packaging or unique exhaust routing of the Fisker Karma.
"We are committed to responding swiftly and decisively to events such as this to ensure
total customer satisfaction," says Executive Chairman and Co-Founder, Henrik Fisker.
"This incident resulted from a single, faulty component, not our unique EVer powertrain
or the engineering of the Karma. As this situation demonstrates, Fisker Automotive is
dedicated to doing whatever is necessary to address safety and quality concerns."
The owner of the car involved in the Woodside incident, Mr. Rudy Burger commented:
"I have been incredibly impressed with the way Fisker has handled this incident. I have
personally started seven technology companies and know from direct experience that
the US needs more innovative companies of this type, especially in the automobile
sector.
"Fisker is a great company and one that I am personally planning to invest in. I look
forward to getting behind the wheel of my next Fisker."
Forbes needs to get Tony Posawatz's name correct.LTLFTcomposite said:http://www.forbes.com/sites/afontevecchia/2013/03/13/u-s-electric-automaker-fiskers-founder-quits-after-doe-freezes-loan-and-reported-talks-with-chinas-geely/
The fat lady is belting out arpeggios.
It may have allowed them to negotiate the deal with the insurance company after Sandy. The ins co was trying to say it wasn't responsible but an angle Fisker (lawyers) used was they were held up while they got fixed for the recall.derkraut said:From press release: "Fisker has today voluntarily elected to conduct a recall with respect to this cooling fan
unit. The company is working with the responsible supplier and this recall campaign is
not expected to have a material financial impact on Fisker."
Now there's a good one.
David Klein, a partner at Orrick Herrington & Sutcliffe which represents Fisker, said in a phone interview that the dispute centered on whether the cars were in "transit," and which sublimits may apply, if any.
What have they been doing since July?...has not made a vehicle since July, placed its U.S. workforce on furlough this week as part of its effort to keep costs low...
PrivCo, a private corporate intelligence firm, has published a 20+ page dossier on Fisker’s seemingly strong ability to fundraise for itself, while failing to do a good job of actually creating cars. With Fisker teetering on the verge of bankruptcy, the results are staggering; with just under 2000 units sold, Fisker burned through an estimated $1.3 billion in venture capital, taxpayer-funded loans and private investor funds.
According to PrivCo’s estimates, that amounts to $660,000 per Karma sold...
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