Fisker looking to form alliances to share costs

Oct 01, 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.

Explore further: 'Cloud' lifts Microsoft earnings above expectations

5 /5 (2 votes)
add to favorites email to friend print save as pdf

Related Stories

Hybrids getting revved

Aug 25, 2009

"Experts" have long been saying the popularity of hybrid vehicles is waning, in parallel to lower gas prices. Say it ain't so? It ain't.

Karma hybrid car offers earth-friendly luxury

Jan 12, 2012

Technology lovers stopped and stared as the world's first high-performance hybrid luxury sedan glided silently down a street outside the Consumer Electronics Show in Las Vegas on Wednesday.

Finnish firms announce electric car plans

Aug 06, 2009

Finnish engineering company Metso's unit Valmet Automotive and utility Fortum said Thursday they will jointly develop an electric concept car to be shown at the Geneva Motor Show in March 2010.

The electric cars most likely to succeed

Sep 06, 2011

The crystal ball is still cloudy on electric and plug-in hybrid cars. They're still being made in limited numbers, and delivered to very specific test markets. And half the really exciting ones aren't even here yet. Still, ...

Recommended for you

NBCUniversal settles with unpaid interns for $6.4M

1 hour ago

NBCUniversal will pay $6.4 million to settle a class action lawsuit brought by unpaid interns who worked on "Saturday Night Live" and other shows who claim they are owed wages, according to court documents.

States ascend into the cloud

2 hours ago

Seven years ago, the state of Delaware started moving computer servers out of closets and from under workers' desks to create a consolidated data center and a virtual computing climate.

Microsoft drops Nokia name from smartphones

4 hours ago

Microsoft said Friday it was dropping the Nokia name from its Lumia smartphones, rebranding following the acquisition earlier this year of the Finnish group's handset division.

Amazon's loss makes holidays a question mark

4 hours ago

Amazon's trademark smile icon is becoming more of a grimace. The world's largest online retailer reported a wider third-quarter loss than analysts expected and gave a disappointing holiday forecast.

Ericsson profit down 10 pct despite higher sales

8 hours ago

Wireless equipment maker Ericsson says its third-quarter earnings slumped 10 percent despite higher sales due to increased operating costs and negative effects from currency hedging.

User comments : 0