Friday, May 27, 2016
Current Weather
Loading Current Weather....
Published: Friday, 1/3/2014


Fisker buyer planning to resell old GM plant


WILMINGTON, Del. — Any hope Delaware officials may have had that Fisker Automotive’s new owner would build cars at a former General Motors plant in Wilmington may have been dashed with a court filing.

The electric-vehicle manufacturer, which received a $529 million loan commitment from the Department of Energy, sought bankruptcy protection in November.

Hybrid Technologies, which recently bought the outstanding DOE loan balance and wants to buy Fisker, indicated in court papers this week that it plans to buy the former GM plant along with Fisker’s other assets and resell it.

Recommended for You

Guidelines: Please keep your comments smart and civil. Don't attack other readers personally, and keep your language decent. If a comment violates these standards or our privacy statement or visitor's agreement, click the "X" in the upper right corner of the comment box to report abuse. To post comments, you must be a Facebook member. To find out more, please visit the FAQ.

Related stories