We first saw a rendering of the forthcoming Fisker SUV back in March of this year.  Now Fisker is releasing some photos of the concept and a few more details. The front end of the Fisker SUV looks mildly like a Land Rover if you stare at the headlights long enough.  Along the side are retracting door handles and an interesting D-Pillar turn-signal repeater.  Fisker has previously shown the SUV with a solar roof to help with charging. 
Fisker says the SUV will start under $40,000 and have a range over 300 miles per charge.  They are also claiming that the vehicle will be the most sustainable vehicle available with many of the parts being made from recycled materials.   For now, the look of the interior is a secret until its official unveiling later this year.  Fisker hopes to have the SUV on the road in 2021. 
 

We first saw a rendering of the forthcoming Fisker SUV back in March of this year.  Now Fisker is releasing some photos of the concept and a few more details. The front end of the Fisker SUV looks mildly like a Land Rover if you stare at the headlights long enough.  Along the side are retracting door handles and an interesting D-Pillar turn-signal repeater.  Fisker has previously shown the SUV with a solar roof to help with charging. 
Fisker says the SUV will start under $40,000 and have a range over 300 miles per charge.  They are also claiming that the vehicle will be the most sustainable vehicle available with many of the parts being made from recycled materials.   For now, the look of the interior is a secret until its official unveiling later this year.  Fisker hopes to have the SUV on the road in 2021. 
 



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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". 

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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". 

It has been a tense couple of months at GM Korea. Back in February, the company announced a restructuring plan for the division which included the closure of the Gunsan plant (one of the four plants operating in South Korea), and voluntary redundancies for 2,600 workers to stem the hemorrhaging of cash. Recently, GM has been pushing its workers’ union for concessions that would total $80 million. This is part of an effort to get a $500 million injection from the South Korean government to pay suppliers and workers. The workers union weren't buying, threatening to strike and trashing company executive offices earlier this month. Then GM threw down the gauntlet, either agree to the concessions by April 20th or we begin bankruptcy proceedings.
“Without concessions from the labor union and clear resolution from stakeholders, the company has no choice but to go ahead with rehabilitation proceedings,” said GM Korea executive Kaher Kazem in an email to employees.
Unfortunately, the date passed with no agreement and it seemed bankruptcy was on the horizon. But both GM and union rep would continue to talk over the weekend to see if a deal could be reached. At the 11th hour, an agreement was reached.
“Through the latest agreement, GM Korea will be a competitive manufacturing company,” said Kazem in a statement today.
According to Reuters who got to see the deal, the union agreed to freeze base wages, skip bonuses for this year, and cut back on benefits.
“The labor union made huge concessions to save the company,” said Hong Young-pyo, a lawmaker of the ruling Democratic Party who worked on the mediation between the two groups.
A union spokesman declined to comment when contacted by Reuters, only saying that workers will vote on the agreement later this week.
The deal now allows the Korean government to fund Korea Development Bank (KDB) - the second largest shareholder in GM Korea - to provide support. It also allows GM to allocate two new models for the region. But some analysts are still uncertain as to the future of GM Korea. Labor costs, poor sales, and expensive export costs have some wondering if GM is in it for the long run or are planning an exit strategy.
“GM has extended the lifeline of GM Korea, but not sure how long it will last,” said Lee Hang-koo, a senior research fellow at Korea Institute for Industrial Economics & Trade.
Source: Reuters

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