Fisker Purchases GM Plant

With the production capacity of 300 000 vehicles per year, the Wilmington plant, which manufactured the Chevrolet Malibu, Saturn L-Series and Saturn’s trio, Sky/Pontiac Solstice/Opel GT, was one of the jewels of GM.

As a sign of the current times, Goliath is giving David a chance, thanks to the money from the American government’s backing of the "smart energy grid."

Fisker will assemble its next plug-in hybrid sedan, called Nina, starting at the end of 2012. Ambitiously, the automaker hopes to create 2 000 jobs from now until 2012 and produce between 75 000 and 100 000 models annually.

However, the brand has yet to market one single model. The hybrid luxury sedan, Karma, is expected to arrive this spring, and a convertible is set to quickly follow.

It is still unknown whether the acquisition includes the production equipment used for the three GM convertibles, in which case the proposed comeback of the DeLorean would once again be abandoned.