Fisker Secures European Distributor for Karma

Nov 8 2009 | 9:24am ET

Fisker Automotive has signed Switzerland’s Emil Frey Group, a 100-plus dealership, to handle much of the European sales and service for its Karma plug-in hybrid vehicle, production of which has actually yet to begin.

The $88,000 Karma should begin rolling off assembly lines next summer.

The European deal follows the announcement of 45 U.S. dealership agreements and two smaller European dealerships (GP Supercars in Italy and the Nellerman Group in Denmark).

Emil Frey has outlets in Switzerland, Germany, France, Hungary, Poland and the Czech Republic and handles premium brands.


In Depth

GSAM’s Papagiannis on Liquid Alternatives

May 25 2016 | 5:07pm ET

The popularity of liquid alternatives strategies has blossomed in recent years,...

Lifestyle

From Modern Trader: Stephen Curry is a Black Swan

May 18 2016 | 7:43pm ET

What do the rise of the Internet, the sinking of the Titanic, 9/11, and Stephen...

Guest Contributor

LendingClub and the Question of Internal Hedge Funds

May 19 2016 | 8:42pm ET

Peer-to-peer lending platform LendingClub Corp. has been in the news since the firm...