Automotive News Details Why Fisker Crumbled

 

Fisker Karma

We’ve been no stranger to the developing story of Fisker’s imminent demise (see “How Fisker Failed…,” “It’s Another Tough Week for Fisker…,” and “Fisker Woes Continue…“), and last week, co-founder Henrik Fisker, COO Bernhard Koehler, and Department of Energy loan supervisor Nicholas Whitcombe flew to Washington, D.C. to speak to Congress about the distressed automaker, which was approved for a $529 million line of credit from the federal government in 2010. New DOE documents and messages released at the hearing portray Fisker as a company that cut too many corners when manufacturing the Karma, a car that DOE contractor Eric Werner called, “one of the most technically complicated vehicles to ever be designed for mass production.” An article by Automotive News details the backstory of Fisker by examining that hearing and the materials released therein.

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About Cameron Rogers

Cameron Rogers is the founder and lead writer at Downshift Autos, the only automotive blog on the Internet*. Born in the back of an AMC Gremlin, Cameron vowed to never let this extraordinarily embarrassing detail define him, so help him God. He drives a GTI but absolutely will not shut up about it if somebody asks. He will not hesitate to let people know that no, they shouldn't get a Porsche 911 when a Morgan 3 Wheeler is so obviously the superior choice. He is obsessed with the seats of a Carrera GT and the steering wheel of a Fisker Karma. He once sat in the driver's seat of a Tesla Model S, his greatest accomplishment to date. He is just now realizing that writing an autobiography, however miniscule, in the third person is odd and unnerving. *As of this writing, Cameron has been informed that there are, in fact, many websites and blogs centered around cars and car culture. He regrets his grievous error.

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