#VALMETAUTOMOTIVE

Electronics

ZF Names Former Audi Chief Paefgen as Chairman

Electronics and powertrain supplier ZF Friedrichshafen AG has named Franz-Josef Paefgen as chairman of its supervisory board, effective at year-end.

Sales

Mercedes Tops 1 Million Sales of GLK/GLC Crossovers

Daimler AG’s Mercedes-Benz brand says cumulative sales of its GLK/GLC model have surpassed 1 million units since the compact crossover/SUV was launched 10 years ago.

Batteries

Chinese Battery Maker Buys Stake in Contract Assembler Valmet

A Chinese battery maker has acquired a 22% stake in Finnish contract vehicle assembler Valmet Automotive to help promote electric-car sales in Europe.

Hybrid

Fisker to Make Karma Hybrids in California

Fisker Automotive and Technology Group LLC intend to relaunch production of the Fisker Karma hybrid sport coupe in Moreno Valley, Calif., according to the city.

Hybrid

Fisker to be Relaunched as Elux

The owners of bankrupt Fisker Automotive Inc. plan to relaunch the brand as Elux in mid-2016, sources tell Reuters.

Hybrid

Report: Wanxiang to Relaunch Fisker Hybrid Brand in 2015

China's Wanxiang Group, which acquired the assets of bankrupt Fisker Automotive Holdings Inc. in March, still aims to introduce an updated version of the Fisker Karma hybrid in 2015, sources tell Reuters.

Business

Court Approves Fisker Liquidation

A bankruptcy court has approved a plan to liquidate Fisker Automotive Holdings Inc. after the maker of Karma luxury plug-in hybrids sold its assets in February for $149 million to China's Wanxiang Group Corp.

Hybrid

Fisker Aims to Relaunch Karma Hybrid Next Year

The Chinese owner of bankrupt Fisker Automotive Inc. intends to resume production of the company's Karma hybrid sedan in mid-2015 but perhaps under a new brand name, The Detroit News reports.

Business

Fisker Completes Asset Sale to Wanxiang

Fisker Automotive Inc. has completed the sale of virtually all its assets to an affiliate of Wanxiang America Corp. for $150 million.

Hybrid

“New Fisker” Hints at Expanded Lineup

Bankrupt hybrid electric carmaker Fisker Automotive Inc. has been relaunched as The New Fisker by the company's new owners, Chicago-based Wanxiang America Corp.

Materials & Lightweighting

Consumer Reports: Fisker Karma “Full of Flaws”

Fisker Automotive Inc.'s $107,900 Karma extended-range hybrid handles well and uses first-rate materials in the passenger compartment.

Hybrid

Fisker May Drop Plan to Build Cars in Delaware

Fisker Automotive Inc. says it may not produce its Karma and just-announced Atlantic extended-range hybrid cars at its factory in Wilmington, Del., after all.

Hybrid

Fisker May Abandon U.S. Assembly Plant

Fisker Automotive Inc. says it may not produce its Karma and just-announced Atlantic extended-range hybrid cars at its factory in Wilmington, Del., after all.

Hybrid

EVs Make Forward Progress

While you may think that electric vehicles are something of a pipe dream, a couple more events that have happened of late that indicate that the technology is—to use a painful turn of phrase—still charging on.

Electrification: Taking Flight

New investments in manufacturing point to the future of vehicle electrification