On September 30, the Fisker Automotive and Technology Group of Costa Mesa, California, announced a new corporate name and logo: Karma Automotive. The name reincarnates – sorry, couldn’t help myself – the name of Fisker’s only product, a plug-in hybrid that sold for more than $100,000 … when it sold at all. The model lasted only two years; just over 2,000 units were sold before production was suspended in November 2012. The company filed for bankruptcy and was eventually sold to a huge Chinese automotive-parts company, Wanxiang Group.
New logo. Application for trademark registration filed September 30, 2015.
Fisker Automotive had been named for its founder, the Danish car designer Henrik Fisker, who had previously worked for BMW and Ford and who resigned from Fisker Automative in March 2013 because of “disagreements with management.” At the time of his resignation, the New York Times noted that the Fisker Karma had received “mixed critical reviews” as well as “business setbacks and technical problems, including two recalls. In addition, the Karma’s federal fuel-economy ratings were disappointing and its all-electric range proved limited.”
That was then. This is … Karma.