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A comment on Fisker Plans More Layoffs and Bankruptcy Looms. Parent comment

Re:Fisker Plans More Layoffs and Bankruptcy Looms by convFixb on Wednesday April 24, 2024 @11:53AM (#40145888)
IIRC the contract manufacturer, Steyr Magna, historically produced mainly small-run, expensive cars, trucks and military APCs (!).

I suspect that Fisker was spending a lot more per delivered vehicle than their direct competitors like Tesla, Audi, BMW, Polestar. Maybe breaking even on the car itself but having their operating costs (sales) digging a progressively bigger hole each month.

'We lose money on every sale but we make it up in volume!'

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Re:Fisker Plans More Layoffs and Bankruptcy Looms by SkyPuncher on Wednesday April 24, 2024 @11:56AM (#40145923)
Magna is a massive supplier. Those small run cars are not their primary product, from my understanding. The components for vehicles are their primary product.
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