Fisker Appoints Previous Chevy Volt Chief As Its Latest CEO

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Tony Posawatz, with the E-Flex Fuel Cell prototype picture : GM Corp

Final February, Fisker Automotive appointed former Chrysler chef Tom LaSorda as its new CEO. The move was considered a positive indicator by numerous, as LaSorda is a very well highly regarded automotive business qualified with all the contacts that a young automaker like Fisker demands to expand to the next level.

Now arrives term from Green Car or truck Studies that LaSordas times at the helm of Fisker will shortly be coming to a close. On Tuesday, Fisker announced the appointment of previous GM govt Tony Posawatz as its new CEO, a move that caught a lot of in the industry by shock. As the former head of the Chevy Volt system, Posawatz brings a unique and highly specialized track record with him. In fact, hes in all probability the only car market govt ( aside from Henrik Fisker) with expertise in establishing, making and marketing a array - prolonged electric car.

Like the Chevy Volt, the Fisker Karma is an electrical car. When the batteries are depleted in either model, a gasoline-fueled motor powers a generator, supplying the required energy to the motors and battery. As opposed to standard electric powered autos, which have only a constrained selection and then demand a lengthy recharge cycle, the Volt and Karma can be driven as extended as theres gasoline in the tank (or demand in the batteries).

LaSorda, who will be leaving Fisker, reportedly was beneficial about Posawatzs hiring. This a lot is crystal clear : Fisker is an automaker thats struggling to survive, faced with troubles like insufficient funding and a sequence of mysterious (and unexplained) vehicle fires. Most likely LaSorda knew he wasnt the man to appropriate the ship, but the question stays : can Posawatz transfer the business forward ?