American plug-in hybrid automaker Fisker Automotive has been through some tough times since losing its Department of Energy loan. More than 300 Karmas were destroyed by hurricane Sandy - and they weren't covered by the insurance company - its battery supplier filed for bankruptcy, and 75 percent of its employees were laid off in April. There have been more issues, but you get the point. Multiple potential buyers have tried to negotiate the purchase of Fisker to no avail, including former General Motors' former CEO Bob Lutz and several Chinese investors. Now German investment group Fritz Nols AG will give it a shot.
Autoblog , Fisker to be purchased by Germans for $25M?, Fisker to be purchased by Germans for $25M?
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