Saturday, April 6, 2013

U.S. electric car manufacturer Fisker dismissed most of the junior staff


In a meeting on Friday morning, the troubled U.S. electric car manufacturer Fisker Automotive (Fisker Automotive) made ​​a decision to dismiss most of its junior staff.

The Associated Press quoted to attend this meeting, a source as saying that about 160 employees will be laid off.

Fisker will retain about 53 senior managers and executives to the company's assets in order to find a buyer.

Fisker since July last year, has not produced a car in cash tension. In order to conserve cash, the company last week forced more than 200 employees on leave.

April 22, Fisker must be the repayment of a loan owed ​​to the United States Department of Energy. In 2009, as part of the Obama administration to stimulate the development program of the fuel-efficient cars, the company received a $ 529 million federal loan, and has drawn $ 193 million, but due to the battery in the development of the first models Karma set of questions was postponed market, the company is prohibited by the U.S. Department of Energy to withdraw more loans.

Prior to this, Fisker worked with Chinese car manufacturer Dongfeng and Geely strategic negotiations, but the talks eventually broke down. Last week's news that the company from Kirkland & Ellis law firm hired a bankruptcy lawyer, filed for bankruptcy protection.

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