Fisker Reverses Recall Costs for Ocean SUV Owners Amid Bankruptcy Proceedings

Meta description: Fisker, the electric vehicle startup currently in Chapter 11 bankruptcy, reverses its policy on vehicle recall costs, offering relief to customers. This shift reflects competition in the EV sector and the company's efforts to rebuild trust amidst its financial situation. The article discusses Fisker's recent actions, its upcoming court hearing, and the challenges it faces in the rapidly evolving EV market. It emphasizes the importance of transparency and accountability in the automotive industry and analyzes the implications for Fisker's brand reputation and future viability.

EV Startup Fisker Requires Owners to Pay for Resolving Recalls on Ocean SUVs

Facing additional costs for recall repairs? Here's what Fisker EV owners need to know. Learn about the labor expenses owners will bear for resolving two out of five recalls on their Ocean SUVs. Discover how Fisker aims to balance obligations and minimize financial strain while prioritizing safety. Find out about authorized service providers and the context of Fisker's bankruptcy proceedings.

Fisker Gets Approval for Sale of 3,000 SUVs in Bankruptcy Proceedings

Stay updated on the latest developments in the automotive industry! From bankruptcy proceedings to notable deals and advancements in autonomous vehicles and electric vehicles, this article covers it all. Discover the latest updates on Fisker, Yandex NV, Hayden AI Technologies, Huture, Northbound, Tekion Corp., UP.Partners, Aurora, Tesla, Waymo, Helixx, VanMoof, Archer Aviation, Southwest Airlines, and the 2024 Nissan Ariya Empower+. Read now for a comprehensive overview of the automotive landscape.

Fisker Granted Approval to Sell Thousands of Ocean SUVs, Earning up to $46.25 Million

"Get the latest on Fisker's bankruptcy process as the defunct electric vehicle startup receives approval to sell over 3,000 Ocean SUVs. Despite objections, Fisker demonstrates efforts to find the best deal and keep the company afloat. Find out what's next for Fisker and its creditors."

Fisker’s Sale of Unsold EVs Faces Objection from U.S. Trustee, Threatening Bankruptcy Proceeding

Facing opposition from the U.S. Trustee's office, Fisker's proposed sale of unsold EVs is generating both support and concerns. The outcome of an upcoming hearing will determine whether the sale is approved, providing Fisker with necessary funds during its bankruptcy proceedings. Find out more here.

Volkswagen Group’s Software Arm, Cariad, Hires Rivian Employees as Software Talent

Stay updated on the latest news and insights on the future of transportation with TechCrunch Mobility. From notable industry deals to updates on electric vehicles and charging, this article covers it all. Discover Volkswagen Group's collaboration with Rivian's software talent and the importance of software expertise in the automotive industry. Explore intriguing deals in the industry, notable industry reads, and updates on electric vehicles and charging. Don't miss out on updates about the future of flight, software and in-car tech updates, and this week's featured wheels. Stay informed with TechCrunch Mobility!

Fisker Seeks Approval to Sell Remaining EV Inventory in Bankruptcy Case

Looking for a potential buyer, Fisker plans to sell its remaining inventory of all-electric Ocean SUVs for a significantly lower price. The sale has become contentious in Fisker's bankruptcy proceedings, with concerns about the proceeds going to unsecured lenders. The buyer, American Lease, is a New York-based vehicle leasing company targeting zero-emission fleets. Fisker's lawyers are pushing for expedited approval of the sale to fund vital business expenses. Once completed, Fisker will have no obligation to repair or maintain the vehicles. The outcome of the sale could determine the future of Fisker and its creditors.

Cruise Cuts 35 Employees in Routine Role Eliminations, VW Group Invests $1B in Rivian:...

Stay up to date with the latest transportation news in this week's edition of TechCrunch Mobility. From autonomous vehicle company Cruise's workforce cuts to Rivian's partnership with Volkswagen, this article covers the industry's most significant developments. Discover funding updates, fine payments, rebranding, collaborations, and more in the autonomous vehicle and electric vehicle sectors. Don't miss out on the latest updates and exciting news in the world of transportation!

“Fisker Faces Financial Distress in Chapter 11 Bankruptcy Filing Amidst Struggles with Ocean SUV...

Discover the challenges faced by Fisker, the electric vehicle (EV) startup, as it faces dire financial distress. Learn about the company's struggles, failed partnerships, and the initiation of Chapter 11 bankruptcy proceedings. Find out the fate of the unsold Fisker Oceans and the potential impact on creditors. Gain insights into the company's reduced workforce, limited funds, and efforts to offset costs. Explore the uncertainties surrounding Fisker's assets and future operations in the competitive EV market.

Fisker’s Bankruptcy Battle: Claims of Asset Liquidation Outside Court’s Supervision

Discover the heated battle over Fisker's assets as the electric vehicle startup files for Chapter 11 bankruptcy. Learn about the dispute between the company and Heights Capital Management, its largest secured lender, and the criticisms raised by unsecured creditors. Find out the potential outcomes for Fisker's assets and the returns for its creditors as the case unfolds.