← Back to: "Fisker's Chinese Bailout in Trouble"
"Fisker's hopes in getting rescued by the Chinese have collapsed this week, after both Geely and Dongfeng backed out of the bidding process. Just four days after Geely Holding Group decided not to follow their plans to acquire the US automaker, Dongfeng has pulled out of the buyout talks as well, leaving Fisker in a great deal of trouble. According to TorqueNews, both companies were scared off by the conditions imposed by the US Department of Energy on the use of the former General Mot..." Continue Reading →
Photo credits: Fisker Automotive
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