Karma News: Fisker Hires A Consulting Company To Help Conserve Cash

[William Maley]

By William Maley

Staff Writer - CheersandGears.com

January 30, 2013

Bloomberg is reporting that Fisker has hired hired Huron Consulting Group Inc. to help with day to day operations and to conserve cash while it goes searching for a partner. As we reported last Monday, Fisker is currently looking for a partner in China.

Two people familiar with the situation say Fisker is currently seeking first-round bids by early February. If Fisker doesn't get the funds or has a partner by midyear, the company risks burning through cash a person tells Bloomberg.

“We’re making prudent business decisions to help secure an alliance or partnership,” said Fisker spokesman Roger Ormisher.

Source: Bloomberg

William Maley is a staff writer for Cheers & Gears. He can be reached at [email protected] or you can follow him on twitter at @realmudmonster.

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[G. David Felt]

Death is on their Doorstep, Someone will pick it up for a prize as Companies would rather pickup bankrupt assets than to partner up with a money burning company.

My gut tell's me Death for Fisker by March.

Bankrupt = Asset Sale by April or May.

[ocnblu]

...and the much-deserved descent into hell continues...

[regfootball]

bye bye! hope a US company buys it though. keep it here.

[BigPontiac]

Or Bob Lutz takes them over and does this: http://green.autoblog.com/2013/01/18/bob-lutz-destino-is-the-fisker-karma-people-will-actually-want/

[Robert Hall]

Haters gotta hate, that's how they roll.

Anyhoo, the Destino idea is quite interesting..maybe GM could acquire Fisker...the Destino could be an interesting Panamera competitor for Corvette if modified a bit....(the Karma reminds me a lot of what a 4dr Corvette could look like).

Edited January 31, 2013 by Cubical-aka-Moltar

[Drew Dowdell]

...and the much-deserved descent into hell continues...

You don't get to complain about jellybean styling by a domestic manufacturer ever again and I'm shocked you would ever wish a domestic manufacturer that is trying something new to fail entirely as a company.

[G. David Felt]

Or Bob Lutz takes them over and does this: http://green.autoblog.com/2013/01/18/bob-lutz-destino-is-the-fisker-karma-people-will-actually-want/

Now that is one sweet Car!

[G. David Felt]

...and the much-deserved descent into hell continues...

You don't get to complain about jellybean styling by a domestic manufacturer ever again and I'm shocked you would ever wish a domestic manufacturer that is trying something new to fail entirely as a company.

Someone just got spanked!

[ocnblu]

NOT

[FAPTurbo]

...and the much-deserved descent into hell continues...

[ocnblu]

COOL! Frank N. Furter!