Written by Cláudio Afonso | LinkedIn | X
Fisker, whose Norwegian subsidiary has just filed for bankruptcy, has registered 7 vehicles in Germany in June.
After slashing the prices of its model Ocean in all its markets last March, the company registered 30 units in April and 12 in May in Germany.
According to official data released on Thursday, year to date registrations in the country are now at 129 units as the company seeks for permission from the Bankruptcy Court to sell the remaining 3,321 Ocean SUVs to the New York-based leasing firm American Lease.
The deal is expected to bring Fisker a total of $46.25 indicating that the average price per vehicle is about $13,900.
According to unofficial information from a Fisker employee, the company is currently operating with a very small team in Germany and has closed its store in the center of Munich as it strives to provide after sales service to its customers.
In late March, Fisker initiated significant discounts worldwide on its inventory cars, including a promotion for the Extreme variant of the Fisker Ocean in Germany, priced at €43,590 ($47,360).
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On Friday, the company issued a recall of 8,204 Ocean SUVs in the United States due to a defect with the exterior door handles that can cause them to stick and not open, the U.S. National Highway Traffic Safety Administration (NHTSA).
Last month, a group of early adopters of Fisker vehicles announced the formation of a non-profit association, aimed at ensuring continued access to parts and services for owners as the startup filed for bankruptcy protection in Delaware.
As reported last week, the official “Notice of Filing of Creditor Matrix” lists some high-profile names and entities associated with the company’s operations including the founder and CEO Henrik Fisker, and also Geeta Gupta-Fisker, Fisker’s Chief Operating Officer and CFO.
The bankruptcy has triggered an automatic acceleration of its debt obligations under its 2.50% convertible senior notes due 2026, according to a recent 8-k form. There was a scheduled hearing for this later today, June 27, to discuss the cash collateral motion. However, the hearing was canceled.
Written by Cláudio Afonso | LinkedIn | X
