Fisker says $30 million in cars destroyed by Sandy in N.J. port; More than 10,000 cars damaged by storm at Port Newark


fisker (select to view enlarged photo)

DETROIT--Nov. 7, 2012:  Top story from the current November 5 issue of Automotive News previewed below.

After the storm   
Fisker Automotive lost more than $30 million worth of luxury cars when a shipment of Karma plug-in hybrids was flooded during Superstorm Sandy last week.  

More than 300 Karma cars, which each start around $100,000, were destroyed at a New Jersey port during the storm, Fisker spokesman Roger Ormisher said on Tuesday.  

The cars were insured and Fisker expects "no impact from a business or a financial point of view," he said, adding that Fisker does not expect any problems with meeting U.S. demand.   

The 300 Karma plug-in hybrids were among the more than 10,000 vehicles damaged during the storm at Port Newark, Ormisher said, citing details he received from port officials.

-->

On Sale Today



Home | Buyers Guides By Make | New Car Buyers Guide | Used Car Super Search | Total New Car Costs | Car Reviews Truck Reviews
Automotive News | TACH-TV | Media Library | Discount Auto Parts

Copyright © 1996-2014 The Auto Channel. Contact Information, Credits, and Terms of Use. These following titles and media identification are Trademarks owned by The Auto Channel, LLC and have been in continuous use since 1987 : The Auto Channel, Auto Channel and TACH all have been in continuous use world wide since 1987, in Print, TV, Radio, Home Video, Newsletters, On-line, and other interactive media; all rights are reserved and infringement will be acted upon with force.

Privacy Statement | Size Does Matter | Media Kit | XML SITE MAP | Affiliates

Send your questions, comments, and suggestions to Editor-in-Chief@theautochannel.com.

Submit Company releases or Product News stories to submit@theautochannel.com.
Place copy in body of email, NO attachments please.

To report errors and other problems with this page, please use this form.

Link to this page: http://www.theautochannel.com/