Wednesday, April 2, 2025

Four competitors want to buy Henrik Fisker's car brand

In a fashion, Henrik Fisker has told his remaining employees about the future. Apparently there is still hope.

The car brand Fisker Inc. will apply for bankruptcy protection within 30 days.

That is, if it is not possible to save the business. But to his employees, Henrik Fisker gives the impression that there is still hope for a rescue.

Business Insider writes this on the basis of a recording from a meeting between Henrik Fisker and the employees.

In fashion, Henrik Fisker must have said that there are still four car brands with an interest in Fisker Inc. In fact, they are so 'interested' that they have all signed non-disclosure agreements to that effect.

READ ALSO: 70,000 have ordered a car that doesn't exist yet

Nor does Henrik Fisker mention any names of any of the four car manufacturers. On the whole, Fisker's rescue plan seems somewhat mysterious.

In March, Henrik Fisker announced publicly that they were in negotiations with 'a bigger car brand'. Shortly afterwards, the news agency Reuters was able to tell that it was Nissan. And that the Japanese were otherwise not interested anyway.

Right now, both Deutsche Bank and a bankruptcy lawyer are in the picture with Fisker. The German bank has been asked to help find a solution.

Allegedly, a buyer has also already signed up. But Fisker should have rejected the bid as being 'too low'. Money is otherwise something that Fisker can use.

On Monday, the car brand submitted its annual report, and it is – for those who read this sort of thing – not particularly encouraging. In fact, the accounts reveal that Fisker lost a whopping DKK 6.54 billion over the course of 2023.

The massive loss means, among other things, that Fisker Inc. must enter into agreements with creditors to postpone debt deadlines. Likewise, even more employees must be fired. In February, Fisker announced that in an attempt to fix the economy, 15 percent of all employees were fired.

But that is not enough. And now, first and foremost, protection against creditors lurks before a possible bankruptcy. In Sweden, Fisker Inc. is threatened. right out of forced dissolution. Read more about it here.

This week it also emerged that the factory in Austria, where Fisker rents, is to fire several hundred employees.

Magna Steyr, as the factory is called, had actually been given the prospect of building 20,000 to 23,000 Fisker Oceans alone. So every year. Last year it did not even amount to 10,000 cars.

And now the factory is adapting to a future with fewer orders and therefore also fewer cars. This is written by Austria's public service media ORF.

Read more exciting news from and about the world of cars right here!

Latest

Don't miss

Car show breaks record after Tesla boycott

The organizer of the Vancouver Auto Show in Canada...

The first Tesla Model Y Juniper has already been smashed

Traffic accidents happen. Even for brand new cars. Tesla...

Tesla has fallen by 56 percent in Denmark

Tesla in Denmark has declined by 56 percent over...

Car wash forced to close to make room for charging stations

Blair Isufi, who has run a car wash for...

Bugatti Chiron seized for speeding in 50-speed zone

A 38-year-old man recently had to wave goodbye to...
Boosted Magazine
Boosted Magazine
Boosted in Denmark has over a million unique users, surpassing two million sessions, and accumulating over seven million page views each month, and our platforms has become a hub for automotive enthusiasts. Now you can enjoy our content in English too! Enjoy our free car news - every day. Want to talk to us? Write an email to boosted@boostedmagazine.com
spot_img

Volkswagen ID.7 drops 67,000 kroner in price

Volkswagen is now trying to boost sales of the electric Passat, ID.7, by reducing the price by a whopping 67,000 kroner in the Netherlands....

New Schumacher? Ferrari signs contract with 13-year-old boy

They are getting younger and younger. Also in motorsport, where Ferrari's Formula 1 team believes so much in Englishman Noah Baglin that the brand...

17 cars burned down at Tesla dealership in Rome

Police in the Italian capital Rome are investigating a fire that destroyed 17 Tesla cars. Drone footage shows the destroyed cars. On Monday night,...

New test debunks long-standing myth about electric cars

It's a myth that electric cars are always the cheapest. Yet many drivers believe that driving on electricity is almost free compared to gasoline....

Tesla crisis: Should Tom Zhu replace Elon Musk as CEO?

Falling shares, vandalism and criticism have investors demanding new Tesla leadership. Tom Zhu from Tesla in China is now mentioned as a realistic candidate....

Battle for electric car customers: Get a free car wash when you charge your electric car

New campaign from Uno-X and Plugsurfing will reward electric car drivers in Denmark with a free car wash after charging 75 kWh. Charge your...

Wants to go to Denmark – car brand plummets after fatal accident

Chinese Xiaomi plans to sell its cars in Europe, including Denmark. However, a violent fatal accident has caused the brand's stock to plummet. Xiaomi's...

How expensive is a service for the Mercedes-AMG One?

The Formula 1 car with license plates is not a cheap pleasure. A service of the Mercedes-AMG One alone will ruin most fatal drivers....

Famous car crash results in prison sentences for two Volvo owners

The so-called Thursday meeting at the port of Roskilde is now leading to prison sentences for reckless driving for two Volvo owners. And even...

Danish car dealer earns over a million kroner a week

Things are going well. At least at BMW dealer Bayern Auto Group, which earned more than 1 million kroner per week last year. This...

BMW to launch 40 new cars in the next 3 years

At BMW in Munich, employees are getting busy, if they aren't already. The brand is introducing 40 new cars over the next 3 years....

Stung by Mercedes – car brands face billions in fines

Mercedes will avoid paying their share of a billion-dollar fine. In return, the Germans have been gossiping about cartel formation among their competitors. A...