Fisker says $30 million in cars destroyed by Sandy in N.J. port

  1. Welcome to GM Inside News Forum General discussion forum for GM

    Welcome to GM Inside News Forum - a website dedicated to all things GM.

    You are currently viewing our forum as a guest, which gives you limited access to view most discussions and access our other features. By joining our community, at no cost, you will have access to post topics, communicate privately with other members (PM), respond to polls, upload content and access many other special features. Registration is free, fast and simple, Join GM Inside News Forum today!
     
+ Reply to Thread
Page 1 of 2 12 LastLast
Results 1 to 15 of 20

Thread: Fisker says $30 million in cars destroyed by Sandy in N.J. port

  1. #1
    GMI Canada Editor Premium Member ne_one's Avatar
    Join Date
    Sep 2008
    Location
    St. Catharines, Ontario
    Posts
    9,550
    Thanks
    92
    Thanked 61 Times in 38 Posts

    Fisker says $30 million in cars destroyed by Sandy in N.J. port

    Fisker says $30 million in cars destroyed by Sandy in N.J. port
    Automotive News
    November 7, 2012

    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.

    Full article at link.

  2. Remove Advertisements
    GM Inside News
    Advertisements
     

  3. #2
    4.4 Liter Supercharged Northstar Lowboy's Avatar
    Join Date
    Sep 2010
    Location
    Warren, Ohio
    Posts
    2,694
    Thanks
    15
    Thanked 43 Times in 31 Posts

    Re: Fisker says $30 million in cars destroyed by Sandy in N.J. port

    In other news shipping documents show Fisker sent 300 cars to Port Newark 5 days before the storm hit............

    All those salt water damaged cars should be crushed on the spot before leaving the holding lot. We all know some of them will make it back into the system be it legally or illegally.

  4. #3
    Firebird Concept (the turbine one)
    Join Date
    Dec 2003
    Location
    Dearborn, MI
    Posts
    14,995
    Thanks
    0
    Thanked 1 Time in 1 Post
    My Ride
    FORD

    Re: Fisker says $30 million in cars destroyed by Sandy in N.J. port

    Interesting that they anticipate no problems meeting demand sans 300 cars which I am sure is a notable portion of their production.

  5. #4
    3.0 Liter SIDI V6
    Join Date
    Feb 2008
    Posts
    668
    Thanks
    6
    Thanked 5 Times in 2 Posts

    Re: Fisker says $30 million in cars destroyed by Sandy in N.J. port

    Bad Karma?

  6. #5
    2.4 Liter SIDI ECOTEC Motors Man's Avatar
    Join Date
    Nov 2011
    Location
    N3025'14, W9754'32
    Posts
    451
    Thanks
    0
    Thanked 0 Times in 0 Posts

    Re: Fisker says $30 million in cars destroyed by Sandy in N.J. port

    Quote Originally Posted by rozz View Post
    Bad Karma?
    Oh Rozz.......HAHAHAHA!

  7. #6
    2.4 Liter SIDI ECOTEC kevinahcc20's Avatar
    Join Date
    May 2011
    Location
    Farmington Hills, MI
    Posts
    172
    Thanks
    1
    Thanked 1 Time in 1 Post
    My Ride
    2012 GMC Acadia

    Re: Fisker says $30 million in cars destroyed by Sandy in N.J. port

    I trust they gathered all of their inventory & placed them at the closest spot to the water...think of it as an insurance carrier financed inventory reduction.

  8. #7
    2.4 Liter SIDI ECOTEC
    Join Date
    Jun 2006
    Posts
    200
    Thanks
    0
    Thanked 0 Times in 0 Posts

    Re: Fisker says $30 million in cars destroyed by Sandy in N.J. port

    Hyundai Motor Co.'s U.S. unit lost 400 vehicles, said Lori Scholz, a company spokeswoman in Costa Mesa, Calif.

    Only two of the carmaker's dealers in the New York region were still closed as of Tuesday, she said.

    Kia Motors Corp., a Hyundai affiliate, has about 200 vehicles "damaged beyond repair," said Scott McKee, a spokesman for the company's U.S. unit in Irvine, Calif.

    So it was probably really more like 300, and 150?

  9. #8
    7.0 Liter LS7 V8
    Join Date
    Nov 2009
    Posts
    4,161
    Thanks
    75
    Thanked 93 Times in 75 Posts

    Re: Fisker says $30 million in cars destroyed by Sandy in N.J. port

    One of them caught fire and the media tried to make something of it.

  10. #9
    Firebird Concept (the turbine one)
    Join Date
    Dec 2003
    Location
    Dearborn, MI
    Posts
    14,995
    Thanks
    0
    Thanked 1 Time in 1 Post
    My Ride
    FORD

    Re: Fisker says $30 million in cars destroyed by Sandy in N.J. port

    Quote Originally Posted by ZRock View Post
    So it was probably really more like 300, and 150?
    Well Hyundai could use a revenue stream to pay for it's pending legal battles.

  11. #10
    6.0 Liter L76 V8 PHAT-JAY's Avatar
    Join Date
    Dec 2003
    Location
    Indianapolis
    Posts
    2,057
    Thanks
    0
    Thanked 7 Times in 6 Posts

    Re: Fisker says $30 million in cars destroyed by Sandy in N.J. port

    this is like a repost...but anyway the ones that caught fire were un-attended, and were plugged in during the flood, causing a short then fire...no one to blame here but Sandy....still cant wait to get a flooded/salvage one at auction for a 1/3 of the cost, then pust a LS3. or better yet LT1 in it...
    IF IT AINT RWD; AND A CHEVY I DONT RIDE IT!!!!!

    ALL CHEVY'S NEED TO BE RWD!!!!!

  12. #11
    Firebird Concept (the turbine one)
    Join Date
    Dec 2003
    Location
    Dearborn, MI
    Posts
    14,995
    Thanks
    0
    Thanked 1 Time in 1 Post
    My Ride
    FORD

    Re: Fisker says $30 million in cars destroyed by Sandy in N.J. port

    Quote Originally Posted by PHAT-JAY View Post
    this is like a repost...but anyway the ones that caught fire were un-attended, and were plugged in during the flood, causing a short then fire...no one to blame here but Sandy....still cant wait to get a flooded/salvage one at auction for a 1/3 of the cost, then pust a LS3. or better yet LT1 in it...
    Unfortunately the battery is an integral part of the structure, and it of course serves no purpose after it's been water logged.

  13. #12
    4.4 Liter Supercharged Northstar tripowergto's Avatar
    Join Date
    Jan 2003
    Location
    Rowland PA
    Posts
    2,581
    Thanks
    65
    Thanked 125 Times in 44 Posts

    Re: Fisker says $30 million in cars destroyed by Sandy in N.J. port

    Insurance check = only Fisker profit ever?
    http://www.resurrectpontiac.com/

    14 Crystal Red Tintcoat Volt w/black heated cloth
    10 Inferno Orange Camaro 2SS 426HP 6SPD "MAIDEN" (TOTALED!)
    09 Stryker Blue Pontiac G8 GT w/sport/prem/sunroof
    06 GTO 400 HP LS2 6SPD(traded)
    02 Firebird Formula LS1 HURST 6SPD(1st new car)
    83 El Camino Conquista 350 4bbl posi(RIP G8 ST)
    70 GTO - 69 GTO Conv - 65 GTO Conv http://realrockpro.com/

  14. #13
    7.0 Liter LS7 V8
    Join Date
    Nov 2009
    Posts
    4,161
    Thanks
    75
    Thanked 93 Times in 75 Posts

    Re: Fisker says $30 million in cars destroyed by Sandy in N.J. port

    Quote Originally Posted by germeezy1 View Post
    Unfortunately the battery is an integral part of the structure, and it of course serves no purpose after it's been water logged.
    The fire wasn't the result of the battery at all. Fisker sent people to investigate and determined that the PCM actually shorted an caught fire. The media has forgot to report that there have been hundreds of normal car fires in the fllooded areas from pretty much the same thing.

  15. #14
    Firebird Concept (the turbine one) johnstarnes's Avatar
    Join Date
    Apr 2006
    Location
    Tampa
    Posts
    12,050
    Thanks
    676
    Thanked 112 Times in 70 Posts

    Re: Fisker says $30 million in cars destroyed by Sandy in N.J. port

    Why did they not move them inland?

  16. #15
    4.6 Liter Northstar V8
    Join Date
    Nov 2009
    Location
    Woodland Park, CO
    Posts
    1,726
    Thanks
    29
    Thanked 16 Times in 14 Posts

    Re: Fisker says $30 million in cars destroyed by Sandy in N.J. port

    Quote Originally Posted by johnstarnes View Post
    Why did they not move them inland?
    They will get far more income from an insurance claim then from highly discounted sales. The only loser will be the dealers.

    This might help float the company another 6 months before bankrupcy inevitably hits.

  17. Remove Advertisements
    GM Inside News
    Advertisements
     

Quick Reply Quick Reply

Register Now

Human Verification

In order to verify that you are a human and not a spam bot, please enter the answer into the following box below based on the instructions contained in the graphic.


Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Posting Permissions

  • You may not post new threads
  • You may post replies
  • You may not post attachments
  • You may not edit your posts
Powered by vBadvanced CMPS v4.1.2