Yesterday, April 24th, Fisker announced during the congressional hearing it is considering filling for bankruptcy.
The House Oversight and Government Reform Committee recently released new documents according to which the struggling plug-in hybrid automaker was facing deeper quality and financial issues than those previously known. The documents also show that the Energy Department knew about these problems and still offered Fisker a loan $192 million, before it halted in June 2011 the rest of the money until $529 million, the government planned to offer the automaker.
Over the past month Fisker has not managed to find an investor or buyer, has not manufactured a car since July and has fired three quarters of its workforce. Fisker’s co-founder and a top official, Bernhard Koehler, said that the company is struggling to find solutions to all these problems.