Jump to content
  • William Maley
    William Maley

    Rumorpile: China's Wanxiang Group To Launch Karma With Making Any Changes

    Sign in to follow this  

      Fisker's New Owners Plans To Keep The Karma The Same. Does That Mean Fires Appearing Once Again?

    Fisker's new owner, the Wanxiang Group wants to get the Fisker Karma back on the marketplace as soon as possible. How fast? According to a report from Reuters, the company is planning to stick with the original 2012 design.

    A source tells Reuters the reason for sticking with the older design is due to not going through crash testing and certification again.

    "It will have to be nearly identical to the 2012 model, or it would need to go through (safety) testing and certification again. I don’t think they want to put a lot of engineering into it either, as well as probably use up some of the old parts that are in inventory," said the source.

    However this plan presents a problem. Suppliers who dealt with Fisker aren't happy with the brand because of losses suffered with the company going under.

    "They lost money and had dedicated facilities that were severely underutilized. Many scrapped their tools or took them out of their facilities," another source said.

    Now a source close to Fisker says the Karma will be slightly different, but wouldn't go into detail about what will change.

    “Not 100 percent identical. The new Karma will be different in many key areas. It will have noticeable upgrades.”

    Source: Reuters

    William Maley is a staff writer for Cheers & Gears. He can be reached atwilliam.maley@cheersandgears.com or you can follow him on twitter at @realmudmonster.

    Sign in to follow this  


    User Feedback

    Recommended Comments

    Either way, bad Karma is what this is all about. Plus China is always super cheap and so I would NOT want to be a supplier to them as I would not expect to be able to make money.

    Share this comment


    Link to comment
    Share on other sites


    Join the conversation

    You can post now and register later. If you have an account, sign in now to post with your account.
    Note: Your post will require moderator approval before it will be visible.

    Guest
    Add a comment...

    ×   Pasted as rich text.   Paste as plain text instead

      Only 75 emoji are allowed.

    ×   Your link has been automatically embedded.   Display as a link instead

    ×   Your previous content has been restored.   Clear editor

    ×   You cannot paste images directly. Upload or insert images from URL.




  • Similar Content

    • By Drew Dowdell
      Herick Fisker is back again after his original company succumbed to bankruptcy in 2014.  Now as Fisker, Inc., the latest vehicle he is showing is an electric crossover concept.  While we have a picture, the technical details are light.
      The EV will be priced near $40,000 and have a 300 mile range.  Powered by an 80 kWh enhanced lithium-ion battery, there will be rear-motor rear wheel drive and optional dual motor all wheel drive available. 
      Fisker is planning on the not-yet-named SUV in late 2021, just about a year after the Tesla Model Y is due to hit the market.  Fisker is planning on a Telsa-Like online only sales model with "nationwide concierge service". 

      View full article
    • By Drew Dowdell
      Herick Fisker is back again after his original company succumbed to bankruptcy in 2014.  Now as Fisker, Inc., the latest vehicle he is showing is an electric crossover concept.  While we have a picture, the technical details are light.
      The EV will be priced near $40,000 and have a 300 mile range.  Powered by an 80 kWh enhanced lithium-ion battery, there will be rear-motor rear wheel drive and optional dual motor all wheel drive available. 
      Fisker is planning on the not-yet-named SUV in late 2021, just about a year after the Tesla Model Y is due to hit the market.  Fisker is planning on a Telsa-Like online only sales model with "nationwide concierge service". 
    • By William Maley
      It hasn't been an easy go for Holden for almost the last decade. Sales have been declining for the past eight years and buyers haven't been wowed by either the new Commodore or their growing lineup of crossovers. This has reportedly brought the vultures out.
      The Australian Financial Review reported yesterday that Inchcape, one of the largest independent vehicle importers has started discussions with General Motors about possibly taking over the importation of Holden vehicles. According to sources, the talks are going very slowly and there are "extreme sensitivities on both sides of the negotiating table." The talks will not include the transfer of Holden's engineering and design offices, along with the Lang Lang Proving Grounds. Inchcape has also hired one of the largest accounting firms to perform due diligence and looking into various scenarios. 
      The likely reason Inchcape is looking into this possibility is due to GM's restructuring plans. Already, the company has pulled out certain markets and is planning to possibly shut down various plants in the U.S.
      Inchcape handles the import and retail duties for a number of automakers such as Subaru, Toyota, Volkswagen, and more in 32 countries. In Australia, Inchcape handles Citroen, Peugeot, and Subaru.
      "Under the leadership of [GM Holden CEO] Dave Buttner, who was appointed in August last year, we are turning around the Holden business, growing sales, re-engaging and re-energizing our distribution network and launching exciting vehicles like the all-new Acadia. We are fully focused on supporting Dave in building a strong Holden for the future, as it remains an important part of GM's business," a spokesman for GM told the outlet.
      When reached by CarsGuide for a comment, a spokesperson for Inchcape said, "We are always assessing a range of opportunities and initiatives in support of our Ignite strategy and we do not comment on speculation."
      Source: Australian Financial Review (Subscription Required), CarAdvice, CarsGuide

      View full article
    • By William Maley
      It hasn't been an easy go for Holden for almost the last decade. Sales have been declining for the past eight years and buyers haven't been wowed by either the new Commodore or their growing lineup of crossovers. This has reportedly brought the vultures out.
      The Australian Financial Review reported yesterday that Inchcape, one of the largest independent vehicle importers has started discussions with General Motors about possibly taking over the importation of Holden vehicles. According to sources, the talks are going very slowly and there are "extreme sensitivities on both sides of the negotiating table." The talks will not include the transfer of Holden's engineering and design offices, along with the Lang Lang Proving Grounds. Inchcape has also hired one of the largest accounting firms to perform due diligence and looking into various scenarios. 
      The likely reason Inchcape is looking into this possibility is due to GM's restructuring plans. Already, the company has pulled out certain markets and is planning to possibly shut down various plants in the U.S.
      Inchcape handles the import and retail duties for a number of automakers such as Subaru, Toyota, Volkswagen, and more in 32 countries. In Australia, Inchcape handles Citroen, Peugeot, and Subaru.
      "Under the leadership of [GM Holden CEO] Dave Buttner, who was appointed in August last year, we are turning around the Holden business, growing sales, re-engaging and re-energizing our distribution network and launching exciting vehicles like the all-new Acadia. We are fully focused on supporting Dave in building a strong Holden for the future, as it remains an important part of GM's business," a spokesman for GM told the outlet.
      When reached by CarsGuide for a comment, a spokesperson for Inchcape said, "We are always assessing a range of opportunities and initiatives in support of our Ignite strategy and we do not comment on speculation."
      Source: Australian Financial Review (Subscription Required), CarAdvice, CarsGuide
  • Social Stream

  • Who's Online (See full list)

  • My Clubs

About us

CheersandGears.com - Founded 2001

We ♥ Cars

Get in touch

Follow us

Recent tweets

facebook

×
×
  • Create New...