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.

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