It’s a volatile situation for Magna in Graz and for carmaker Fisker. From time to time he had to adjust the production figures downwards.
In February of this year, Henrik Fisker sounded completely different. He was confident that his new Ocean electric car, which was developed by Magna in Graz and produced in the Graz factory, will be mass produced. “It’s a slow start to production, but it was planned that way. There should be about 42,000 units in 2023, and as a result we have registered about 50,000 cars per year,” he explained in an interview with the Kleine Zeitung newspaper in February.
Now, at the beginning of December, things are not only looking bad for production figures. “Fisker made the strategic decision to reduce production in December to prioritize liquidity and free up more than $300 million in working capital,” the company told Reuters. This is also interesting because he recently presented new models that he wants to produce.
Software problems with punters
Fisker’s problems are well known. For example, the car software is not working as expected, and the initial tests in the special magazines were bad. Technology and updates come a long way, but cars should be delivered with working software. In the interview, Fisker talked about the preservation of more than 63,000 seas, about 25 percent from Europe, the rest from the United States.
That’s not the only thing Fisker has to face: He’s also in the sights of stock market speculators. He got a big hit on his first car project. When asked about the players in February this year, Fisker said: “The headlines that say we have problems have been changed. There was no evidence.”