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EX:Shadow/Canyon #324
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No news here. Just a rehash of Reuters and WSJ articles.
 

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Sadly liquidation of company and selling assets to potential buyers might be the only way Fisker can extract something tangible out of this mess for current car owners and employees of the company. As I can recall, Lamborghini (and many other carmakers) went few times through clinical death and now they are thriving. Unfortunately investors in Fisker are shafted either way.
 

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http://www.inautonews.com/dongfeng-drops-bid-in-fisker-due-to-us-government-conditions#.UVRuoBlHU9Y

It is hard to take articles like this seriously when they have not researched major facts.

The automaker produces the $100,000-plus Karma plug-in hybrid at the Delaware plant, where employees are on a furlough this week to help the company cut costs.
in other news:

http://online.wsj.com/article/SB10001424127887324685104578388454059688928.html

Fisker has hired restructuring lawyers at Kirkland & Ellis LLP to prepare for the possible bankruptcy filing, the people said, though no final decisions have been made on whether the auto maker will need to take that path. The cash-strapped company is still seeking buyers or investors that would help it avoid that outcome, the people said.
This could get worse quick :(
 

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Looks like Dongfeng, Geely and other Chinese auto manufacturers are trying to play the Wanxiang A123 valuation strategy:

http://auto.ifeng.com/hangye/zhuanlan/20130402/851054.shtml

First, some Chinese enterprises temporarily withdraw bid for Fisker, some Chinese companies still insist on continuing the pursuit of Fisker, while the other part of the Chinese enterprises to prepare for the bankruptcy auction. The respective strategic result of the different actions different. Through overseas mergers and acquisitions in recent years to hone, the growth of China's auto enterprises, but there are still corporate acquisitions and mergers and acquisitions, and mergers and acquisitions driven by local government, the M & A process lacked clear after the acquisition planning and acquisition integration planning, motionless, it is necessary to plan production moved to China, "the result was the opposition of the local government and trade unions to set up artificial barriers for mergers and acquisitions.

Secondly, the potential risk to the M & A business, still insufficient understanding of the costs and challenges of the post-merger integration. Somehow, the identity of the joint venture as a the Fisker car body manufacturing, and quantum technology Fisker Automotive, is rarely mentioned in the Chinese enterprises and the media. Instead, we hear the most 菲斯科卡玛 how expensive super sports car design how good, how advanced plug technology does not seem to realize that their advanced plug technology, intellectual property owners quantum technology The company, Fisker Automotive acquisition may not be for Chinese enterprises to bring the technology required for the development of mass production of new energy vehicles.

Again, the M & A integration difficult. Chinese enterprises seem not to consider how to integrate post-merger, how may the reach of the U.S. Department of Energy's remaining loans financing, whether to continue by the Finnish foundry. Even if the acquisition seems to have not considered how to negotiate with the quantum technology plug-in hybrid dynamic patent; battery supplier A123 successor B456 and its parent company, Wanxiang Group to discuss the battery supply problems; how GeZongLianHeng avoid this industry event rose to political events.
There is some mis-information in here about the powertrain, the next gen powertrain (atlantic) was all developed in house so the Quantum portion of the equation is moot.
 
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