Wanxiang Says It Might Build Fisker Cars In DE - 47 ABC - Delmarva's Choice

Wanxiang Says It Might Build Fisker Cars In DE

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DOVER, Del. (AP) - A Chinese auto parts conglomerate that wants to buy failed electric-vehicle manufacturer Fisker Automotive says it will build cars in Delaware if there's enough consumer demand.
    
Wanxiang Group Corp. outlined its intentions in a court filing late Wednesday as it pushes for a competitive auction of Fisker's remaining assets.
    
Wanxiang had indicated earlier that it would resume production of Fisker vehicles at a Michigan facility, diminishing hopes of Delaware officials that cars would be built at a former General Motors plant in Wilmington, as Fisker had planned.
    
A court hearing in Fisker's bankruptcy case will be held Friday.
    
Fisker filed for bankruptcy protection in November, ending a long, downward spiral that began after it received a $529 million loan commitment from the U.S. Department of Energy.

 

(Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

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