By declaring bankruptcy on June 17, Fisker pivoted from profitability to addressing debts, leading to a sale of luxury vehicles at steep discounts to cover payments and clear debts.
American Lease plans to purchase Fisker's entire 3,231-car inventory with different pricing tiers based on the condition of the vehicles, ranging from $16,500 for 'good working order' cars to $2,500 for those needing extensive repairs.
Fisker needs court approval for the sale, with a hearing scheduled for July 16. The sale represents a significant shift for the company, which was once valued at $2.9 billion but now faces severe financial turmoil.
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