Business

Co-founder leaves Fisker electric car company

DETROIT — Fisker Automotive Inc., maker of the $100,000 Karma sports car, confirmed Wednesday that co-founder Henrik Fisker has left the company.

The company gave no reason for the resignation. But the trade publication Automotive News reported that Henrik Fisker told it that he left after several major disagreements on business strategy. He didn’t give further details.

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The $100,000 Karma plug-in hybrid sports car is the only model Fisker sells. It’s developing a model that would sell for around $55,000.

In 2011, the Department of Energy suspended a $529 million loan to Fisker after introduction of the Karma was delayed due to trouble with battery packs. Fisker got $193 million from the government before the payments were stopped in May 2011.

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In August, the Anaheim, Calif., company brought in former General Motors electric car chief Tony Posawatz as CEO. He has favored alliances or sale of the company. There are reports that some Chinese automakers are interested.

Fisker production was suspended last fall after battery supplier A123 Systems Inc. of Waltham, Mass., went into bankruptcy protection. But Fisker said it still has a supply of Karmas for sale and is negotiating a contract with A123’s new owner.

Associated Press

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