320 Fisker Karmas Destroyed in Hurricane Sandy, Resulting in $32-Million Loss


  • 2012 Fisker Karma Action Front 3/4

    2012 Fisker Karma Action Front 3/4

    Fisker Automotive confirmed that 320 Fisker Karmas were destroyed in Hurricane Sandy. | November 07, 2012

Just the Facts:
  • Fisker Automotive told Edmunds on Wednesday that 320 Fisker Karmas were destroyed at a New Jersey port by Hurricane Sandy, resulting in a $32-million loss for the automaker.
  • U.S. consumers may experience "a shortage of certain colors or trim levels, but (the loss) won't materially impact" the company, said Roger Ormisher, a Fisker spokesman, in a phone conversation.
  • The Karmas were parked dockside during the storm after being delivered from Finland and were among more than 12,000 vehicles damaged during the storm at the port, Ormisher said.

ANAHEIM, California — Fisker Automotive told Edmunds on Wednesday that 320 Fisker Karmas were destroyed at a New Jersey port by Hurricane Sandy, resulting in a $32-million loss for the automaker.

U.S. consumers may experience "a shortage of certain colors or trim levels, but (the loss) won't materially impact" the company, said Roger Ormisher, a Fisker spokesman, in a phone conversation.

The Karmas were parked dockside during the storm after being delivered from Finland and were among more than 12,000 vehicles damaged during the storm at the port, Ormisher said.

Included in the 320 count are 16 Karmas that caught fire after a short circuit in one car was spread by high winds to other vehicles.

The rest of the Karmas were flooded by storm waters. They were bound for U.S. dealers. The 2012 Fisker Karma starts at around $100,000, but the trim levels and equipment on the destroyed cars is unknown at this point.

Ormisher said the cars were insured. When asked if the loss is expected to drive up the price of the Karma here, Ormisher said, "I doubt it."

Fisker Automotive remains unbowed, despite this latest setback, Ormisher emphasized.

"There's an amazing resilience about this company which shows that we bounce back time after time and continue to move forward," he said.

Automotive News reported that other affected automakers included Toyota, which lost 4,500 cars at the port.

Edmunds says: Fisker Automotive has faced quality and financial setbacks this year and now is coping with the aftermath of a natural disaster.

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