Bankruptcy court approves Fisker sale to Chinese firm
Fisker at the North American International Auto
Washington - AFP
A bankruptcy court has approved the sale of one-time star electric carmaker Fisker Automotive to the Chinese auto parts group Wanxiang, the US firm said Monday.
California-based Fisker said it received approval from the bankruptcy court in Delaware of its sale for $149.2 million.
The group filed for bankruptcy protection in November, months after laying off most of its workforce.
Fisker was started in southern California in 2007 by former Aston Martin and BMW designer Henrik Fisker and German business partner Bernhard Koehler.
While it did not have the expected success with its sleek hybrid Karma sports car -- which it billed as "a bold expression of uncompromised responsible luxury" -- the $100,000 vehicle did attract interest from the likes of stars such as Justin Bieber, Leonardo DiCaprio and Ashton Kutcher.
Fisker turned into a political liability for President Barack Obama's administration because it received US government loans to promote green car technology.
GMT 09:47 2018 Tuesday ,23 January
SAP unveils big push into French tech start-upsGMT 05:07 2018 Tuesday ,23 January
Noble Group shares surge 37 percent on buyout talksGMT 19:07 2018 Monday ,22 January
BAKS spent Dh225m on charity projects in 2017GMT 22:52 2018 Sunday ,21 January
French firm "recalls baby milk product"GMT 22:27 2018 Sunday ,21 January
US company plans funds that double bitcoin price movesGMT 21:23 2018 Sunday ,21 January
Pence starts Mideast tour in Egypt amid Arab angerGMT 08:54 2018 Saturday ,20 January
Million-euro bill for firm behind Paris bike-share chaosGMT 10:47 2018 Friday ,19 January
German chemical giant BASF sees 'significant' profit leap
With Job Cuts, China Deal
France's Carrefour revamps operations
Paris - Emiratesvoice
France's Carrefour group said Tuesday it is overhauling its business in a transformation plan involving thousands of job cuts, a product revamp and new partnerships in China. Carrefour, which was the world'sTo partake in Beiteddine Festivals
Singer Bruni arrives in Beirut Sunday evening
Beirut - NNA
French renowned singer and supermodel, Carla Bruni, is expected to arrive this evening at Rafic Hariri International Airport in Beirut, accompanied by her husband, former French President Nicolas Sarkozy. BruniIn France
Microsoft to open 4 data centres
Paris - Emiratesvoice
Microsoft is to open 4 data storage centers in France to meet strong customer demand for cloud computing, the head of the software giant's French operations told the Agence France-Presse onIn Olympic Spotlight
'Friendly and kind' N. Korean skaters
Taipei - Emiratesvoice
North Korea's figure skaters Ryom Tai-Ok and Kim Ju-Sik are "friendly and kind and a little bit shy", South Korea's Kim Kyueun said Tuesday ahead of their hugely anticipated Olympic appearance. The skater is competing with her partner Alex Kam in theFor $11.6 Bn
Sanofi buys US haemophilia treatment
Paris - Emiratesvoice
French pharmaceutical firm Sanofi said Monday it had reached an agreement to purchase US biotech company Bioverativ, which specialises in treatments for haemophilia and rare blood disorders, for $11.6 billion. Sanofi's chief executive Olivier Brandicourt said the acquisition "enhances its presence in specialtyParis show pays homage
to 'eternal style' of late Alaia
Paris - Emiratesvoice
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opens Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led
GMT 09:58 2016 Wednesday ,23 March
cartoon four
GMT 10:16 2016 Wednesday ,23 March
cartoon five
GMT 10:22 2018 Wednesday ,24 January
Kabul hotel guests describe lax security
GMT 15:23 2018 Thursday ,30 August
School bus safety to be enhanced under new transport master plan
GMT 15:25 2017 Monday ,18 December
Uber struggles to make inroads in Japan
GMT 16:21 2016 Friday ,26 August
Haifa Beseisso: A global citizen on a mission
GMT 15:36 2017 Thursday ,22 June
'Do good at Sunset' charity drive in Jumeirah
GMT 22:55 2018 Thursday ,18 January
Israel destroys tunnel from Gaza it says intended for attacks news also
GMT 13:04 2017 Tuesday ,14 February
How sleep deprivation affect your work
GMT 22:36 2016 Wednesday ,06 January
Chipotle norovirus outbreak under US criminal probe
GMT 13:59 2016 Thursday ,29 December
China's new satellite for civilian hi-res mapping put into business
GMT 08:47 2017 Monday ,23 January
Bahrain's new solar plant generates 15 megawatts of electricity
GMT 10:08 2018 Wednesday ,24 January
Microsoft to open 4 data centres
GMT 19:15 2018 Tuesday ,23 January
Emirati fined Dh2.2m for embezzling public funds
GMT 04:36 2018 Monday ,22 January
centre-left backs formal coalition talks
GMT 03:41 2016 Thursday ,30 June
UK banks 'well placed' to manage Brexit fallout
GMT 08:19 2017 Sunday ,29 October
GCC Secretary General condemns terror blast in Bahrain
GMT 07:36 2017 Friday ,27 October
Federal National Council playing a sterling role
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor