Fisker Appoints New CEO, Eliminates Battery/Engine Compartment as Causes for Fire
August 14, 2012 10:49 PM
comment(s) - last by
Fisker's new CEO Tony Posawatz
Tony Posawatz is replacing Tom LaSorda after only six months as Fisker CEO
After only six months of service and a laundry list of troubles, Fisker Automotive's CEO has been booted from his position.
Tom LaSorda, who was named CEO of Fisker back in February 2012 when founder Henrik Fisker stepped down, is leaving the company, but will still be an adviser. He is being replaced by Tony Posawatz, who was the former head of
production for General Motors.
Posawatz has 30 years of experience at General Motors, and was a large part of bringing the Volt from concept to production.
"We are delighted to be adding an executive of Tony's caliber to the Fisker Automotive leadership team," said Fisker. "His depth of knowledge and experience in this innovative field of new technology means that he is one of the world's most experienced leaders in vehicle electrification technology and the plug-in ecosystem. In the long-term, he will ensure that Fisker is well positioned to maximize the potential of not only
the Karma sedan
, but also bring the Fisker Atlantic smoothly to market."
Just last week,
Fisker had its second incident where a Karma plug-in caught fire
while in the possession of a customer. The first occurred only four months sooner in a customer's garage in Houston, causing a house fire.
Last week's incident happened in a Woodside, California grocery store parking lot while the customer was inside shopping. When he came outside, his Karma was on fire and had to be put out by the Woodside Fire Department. There was considerable damage to the vehicle.
There are many speculations as to how the fire started, such as issues with
the lithium ion battery
(which the company had to recall in December 2011) and the "crowded" engine compartment/exhaust routing method.
Fisker recently confirmed that none of these rumors are true. The automaker has started investigating the cause of the Woodside fire, and while there is no set conclusion yet, it has ruled out those possible sources.
"The area of origin for the fire was determined to be outside the engine compartment," said Fisker in a statement. "There was no damage to the passenger compartment and there were no injuries.
"Continued investigative efforts will be primarily focused within the specific area of origin, located forward on the driver's side front tire. Further details will be announced after a full report is completed."
In addition to Karma-related issues, Fisker has had troubles with its Atlantic hybrid, which
may have to be built outside of the United States
because of its lack of access to government funds.
In April 2010, California-based Fisker Automotive received a total of $529 million from the U.S. Department of Energy (DOE) for clean vehicles, but in May 2011, DOE froze its loans after
delivery of the Karma plug-in was delayed and ended up falling behind schedule. DOE said Fisker did not meet the milestones previously promised, and since then, Fisker has not been able to access the DOE loans.
The loans were also meant to revamp a closed General Motors plant in Wilmington, Delaware for Fisker auto production. So far, Fisker has drawn down $193 million from its loans, but there's a chance that the company may never see the rest of it.
In February 2012, Fisker was forced to
lay off 26 factory workers at the Delaware plant
In addition to the CEO shake-up, Fisker appointed Joe Chao to executive vice president and CEO of Fisker China and Asia. Also, Alberto Gonzalez was named vice president of Manufacturing.
This article is over a month old, voting and posting comments is disabled
RE: Fresh, New, Different
8/15/2012 7:14:28 PM
The Government cannot guarantee success. It can only create a bubble by trying.
RE: Fresh, New, Different
8/16/2012 7:33:06 AM
I agree there is always a risk of something being brought to life that should not have and more often than not special interest is controlling what it done. But on the other hand much good can come from governments financing what is and may never be financially possible otherwise.
In the case of electric cars in all the different variations I think that it is good the government tries to ensure such cars are developed in the US. If not then there is a risk of the knowledge is established only outside the US and that will hurt if the business suddenly takes off in a big way.
RE: Fresh, New, Different
8/16/2012 3:04:14 PM
Like the "success" of trickle-down economics? Or, maybe the "success" of getting out of the way, like deregulated, large banks?
"When an individual makes a copy of a song for himself, I suppose we can say he stole a song." -- Sony BMG attorney Jennifer Pariser
Round Two: Fisker Karma Goes Up in Flames in California
August 13, 2012, 3:49 PM
Sales of Chevrolet Volt Surge as Nissan Leaf Sales Wither
August 2, 2012, 9:43 AM
Fisker May Build Atlantic Hybrid Outside of U.S.; Generates $100M in 2012 Karma Sales
May 31, 2012, 8:31 PM
Fisker Loses Access to DOE Loan, Lays Off Delaware Factory Employees
February 7, 2012, 11:31 AM
Fisker Recalls More Than 200 Karma Plug-In Hybrids Over Battery Concerns
December 30, 2011, 9:25 AM
Reports: Porsche Working on Tesla Model S Competitor, All 991.2 911s to Get Turbo Engines
October 27, 2014, 8:28 AM
Michigan Governor Signs “Anti Tesla” Bill That Bans Direct Sales, GM Applauds Decision
October 22, 2014, 8:56 AM
Report: 2015 Ford Focus Electric MSRP Slashed by $6,000, Will Retail for $29,995
October 18, 2014, 6:23 PM
Chevrolet Sonic EV to Have 200-mile Range, Debut in 2017
October 10, 2014, 12:01 PM
Auto Start-Stop Systems Will be Installed on Nearly 60% of New Vehicles by 2020
October 8, 2014, 4:19 PM
Volvo XC90 to Receive Triple-turbocharged, 450hp 2.0-liter Four-cylinder Engine
October 7, 2014, 2:29 PM
Most Popular Articles
Amid Theater Boycott Netflix Defiantly Plans New Movies, Plus 3 TV Shows for 2015
October 24, 2014, 7:30 PM
AT&T Defeats Purpose of New Apple SIM, Locks iPad Air 2 SIMs to Its Network
October 24, 2014, 2:17 PM
CVS, Rite Aid Kill Unofficial Apple Pay Support, Burn Google Wallet Users in the Process
October 25, 2014, 5:26 PM
1 Million Credit Card Activated on Apple Pay Within 72 Hours, Walmart CEO Hopes Visa "Suffers"
October 28, 2014, 8:17 AM
Microsoft's Figures Show Desktop Users Flocking to Windows 10 Preview
October 27, 2014, 11:04 AM
Latest Blog Posts
Costco Gives Employees Thanksgiving Off; Wal-Mart Leads "Black Thursday" Charge
Oct 29, 2014, 9:57 PM
"Bear Selfies" Fad Could Turn Deadly, Warn Nevada Wildlife Officials
Oct 28, 2014, 12:00 PM
The Surface Mini That Was Never Released Gets "Hands On" Treatment
Sep 26, 2014, 8:22 AM
ISIS Imposes Ban on Teaching Evolution in Iraq
Sep 17, 2014, 5:22 PM
Space Terrorism is a Looming Threat For the United States
Apr 23, 2014, 7:47 PM
More Blog Posts
Copyright 2014 DailyTech LLC. -
Terms, Conditions & Privacy Information