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German company may buy Fisker Automotive

Sept. 13, 2013

The electric carmaker hasn't produced a vehicle in over a year, but has yet to declare bankruptcy.

Purchase of Fisker Automotive, the electric carmaker and recipient of a loan from the Department of Energy, has been pursued by German company Fritz Nol, in the amount of a reported $25 million, according to Reuters.

Fritz Nol would plan to continue production on the carmakers Karma model, along with other vehicle models.

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