Fisker looking to form alliances to share costs

October 1, 2012

(AP)—Electric car maker Fisker Automotive is talking with other car companies about sharing parts and technology.

Fisker's CEO Tony Posawatz (POSA'-wahts) won't say who the company is talking to, or whether Fisker will form an alliance or just be bought by another company. But he said Fisker's plug-in is valuable, and the company could save money by sharing parts.

Fisker currently sells one model, the $100,000 Fisker Karma plug-in hybrid sports car. It's developing the Atlantic coupe, which would sell for around $55,000. But it hasn't said when it will go on sale.

Fisker already uses an engine from General Motors Co. in the Karma and plans to use a BMW engine in the Atlantic. But Posawatz wouldn't say if those are the companies Fisker is talking to.

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