Those were the days, my friends: LaSorda, Wagoner, Mulally

Tom LaSorda,  formerly CEO of Chrysler and before that a key man at GM, will lose a lot of  money when Fisker goes down and/or bankrupt and/or is sold for pennies on the dollar. The man has a plan to recoup his losses: He started his own venture fund with racing and auto dealing magnate Roger Penske, as Reuters has it. (Read More…)

Here is the perfect way to fight a brewing PR disaster from boiling over: Fire your CEO! Fisker Automotive named the former head of the Chevy Volt, Tony Posawatz, as CEO today, “marking the second time the green car start-up has replaced its top executive this year,” as Reuters can’t help to remark. (Read More…)

Yesterday, we could report that the fickle Fisker that embarrassingly broke down in Consumer Reports’ driveway, received a new battery, under warranty. Now we hear that it was no breakdown. The Fisker Karma shut itself down intentionally to prevent bigger damage. (Read More…)