Wanxiang to Restart Fisker Karma Production as Soon as Possible

Chinese company Wanxiang wants to restart Fisker Karma production as quickly as possible after acquiring the bankrupt company for $149.2 million earlier this week.
2012 Fisker Karma 1 photo
Photo: Fisker Automotive
“We will want to get the Karma back online as quickly as possible,” Pin Ni, president of Wanxiang America, told The Boston Globe. According to Automotive News, production will resume in Finland in the coming months, but manufacturing will be moved to the US once European inventory is used up.

American assembly will reportedly take place at VL Automotive’s plant in Michigan. As you may recall, VL Automotive, a company co-founded by former GM executive Bob Lutz, recently unveiled a V8-powered, Karma-based concept car called Destino. The production vehicles will be powered by Corvette-sourced 6.2-liter LT1 engines.

Wanxiang will reportedly back the VL Destino, but will continue to roll out hybrid Karmas, as well as next-generation cars with range-extending powertrains.

Story via AutoNews, BostonGlobe
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About the author: Ciprian Florea
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Ask Ciprian about cars and he'll reveal an obsession with classics and an annoyance with modern design cues. Read his articles and you'll understand why his ideal SUV is the 1969 Chevrolet K5 Blazer.
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