Fisker looking to form alliances to share costs

AP News
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Posted: Oct 01, 2012 4:49 PM

DETROIT (AP) — Electric car maker Fisker Automotive is talking with other car companies about sharing parts and technology.

Fisker's CEO Tony Posawatz (POSA'-wahts) won't say who the company is talking to, or whether Fisker will form an alliance or just be bought by another company. But he said Fisker's plug-in hybrid technology is valuable, and the company could save money by sharing parts.

Fisker currently sells one model, the $100,000 Fisker Karma plug-in hybrid sports car. It's developing the Atlantic coupe, which would sell for around $55,000. But it hasn't said when it will go on sale.

Fisker already uses an engine from General Motors Co. in the Karma and plans to use a BMW engine in the Atlantic. But Posawatz wouldn't say if those are the companies Fisker is talking to.