Fisker cleared to borrow $4.98 million from Wanxiang

United States Bankruptcy Judge Brendan Linehan Shannon has approved a plan by Fisker Automotive Holdings Inc. to borrow $4.98 million from Wanxiang Group. Fisker will return to court March 21 to ask for approval
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randy3023 - 3/10/2014 4:47:54 PM

+2 Boost

Interesting that a manager who worked at GM who is chiefly responsible for the Volt/ELR flop was also later an employee at this notoriously failed Fisker company.

xjug1987a - 3/12/2014 2:25:38 PM

+1 Boost

What do they want $5M for... they'll burn through that in what 2 days?