Fisker's Posawatz: Launch Plan ‘Overly Ambitious;’ Alliance, IPO Desired

Fisker’s Posawatz: “We feel OK, especially because of where the customer’s at.”

DETROIT – Upstart luxury electric-vehicle maker Fisker's initial sales plan was “overly ambitious and aggressive,” new CEO Tony Posawatz says here. But Posawatz, with just five weeks at the helm after a short retirement from General Motors, is confident the auto maker is on the right path to long-term stability, saying alliances are likely, as is an initial public offering. Fisker, incorporated in August 2007, had grand initial sales projections, predicting in ...

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