UPDATE 1-China carmaker Dongfeng drops bid for Fisker stake -sources


By Norihiko Shirouzu and Deepa Seetharaman BEIJING/DETROIT, March 28 (Reuters) - Chinese state-owned carmaker Dongfeng Motor Group will not pursue a bid for a majority stake in Fisker Automotive, according to sources familiar with the matter, leaving the troubled U.S. electric car without a clear financial backer. Dongfeng was put off by Fisker's loan obligations to the U.S. government which include restoring capacity and jobs at the firm's ...


To access this content simply register below now.
Registering is easy and allows you to:

  • Access all WardsAuto.com public content and newswire stories
  • Participate in forums
  • Comment on articles
  • Sign up for e-newsletters
  • And much more!

Already registered? here.

more data and Insights

Nov 30, 2015

2016 Wards 10 Best Engines Test Drive: Ram 1500 EcoDiesel

The Ram 1500 and its 3.0L EcoDiesel V-6, evaluated by editor Bob Gritzinger, is one of 31 contenders for the 2016 Wards 10 Best Engines competition....More


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×