- Jul 20, 2015
Fisker Automotive is back in business.
The luxury car company will establish Southern California's first new car manufacturing plant in more than two decades about 60 miles east of Los Angeles in the city of Moreno Valley, where it will begin building its plug-in electric hybrid automobiles.
The admired but embattled Fisker, which filed for bankruptcy protection in 2013 and was purchased by Chinese auto parts giant Wanxiang Group a year later, has signed a long-term, $30 million lease for a 555,670 square-foot facility.
Read more Luxury car maker Fisker to revive brand