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Fisker Automotive is an American automaker based in Anaheim, California [4]. The company's first product, the Fisker Karma is the world's first luxury plug-in hybrid electric vehicle (PHEV). It debuted at the 2008 North American International Auto Show, creating the premium green car segment in which most major manufacturers have since announced they would compete.
The Karma has a claimed total range of 300 miles (483 km), the first 50 miles (80 km) of which is on tailpipe-emission free electric-only charge. After 50 miles (80 km) a gasoline range-extending engine turns on to add an additional 250 miles (403 km) of range.
An estimated 15,000 cars per year will be assembled by Valmet Automotive in Uusikaupunki, Finland.[5] Valmet currently builds the Porsche Cayman and Boxster sports cars for Porsche AG. The contract manufacturer was selected because a suitable North American facility could not be identified.
Fisker originally intended to start selling its Karma PHEV in late 2009, but, due to funding delays[citation needed], as of October 2010 it expects to begin customer deliveries in March 2011.[6] The Karma S hardtop convertible concept unveiled at the 2009 North American International Auto Show in Detroit is planned to arrive in 2012, at an as-yet unstated price.

Employee retention refers to policies and practices companies use to prevent valuable employees from leaving their jobs. How to retain valuable employees is one of the biggest problem that plague companies in the competitive marketplace. Not too long ago, companies accepted the “revolving door policy” as part of doing business and were quick to fill a vacant job with another eager candidate. Nowadays, businesses often find that they spend considerable time, effort, and money to train an employee only to have them develop into a valuable commodity and leave the company for greener pastures. In order to create a successful company, employers should consider as many options as possible when it comes to retaining employees, while at the same time securing their trust and loyalty so they have less of a desire to leave in the future.

Electric car builder Fisker Automotive Inc. will close its Pontiac, Mich., engineering and sales center in March and move the operations to its Irvine headquarters, the company said Thursday.

The move will result in the relocation of 20 to 30 employees and create new employment for as many as 100 workers in the coming year.

Last month, Fisker raised an additional $115.3 million in private equity funding that is helping to pay for the move. Now, Fisker will house all of its design, engineering, sales, marketing and administrative operations in Irvine.

"Having our entire team in California ensures greater efficiency and speeds up development of our new plug-in hybrids," said Henrik Fisker, the automaker's chief executive.

Fisker is working on the Karma, an $87,900 plug-in hybrid that will be assembled in Finland, using mostly U.S. parts. Production will start this year, with a target of 15,000 vehicles annually. It also plans a lower-cost plug-in hybrid that the company is calling Project Nina.

Gov. Jack Markell used his annual State of the State address Jan. 20 to broach the subject of difficult budget choices to come, and offer a peek at his strategy to address rising Medicaid and state employee benefits costs.

The speech was customarily short on details and served to set a tone of continuing hard work to pull the state from the depths of the economic recession.

More specifics will come Jan. 27, when the governor presents his annual recommended budget.

In the speech, Markell also touted the accomplishments of his first two years in office, including efforts he led to bring high-profile businesses to Delaware, like Fisker Automotive, the electric carmaker slated to takeover the shuttered General Motors Boxwood Road plant.

New plans hinted at in the address include efforts to continue fostering job creation, reign in state health care and benefits spending, and step up efforts to curb gun violence and enhance school safety.


Luxury hybrid automaker Fisker Automotive Inc. is closing its Pontiac engineering office and relocating about 30 full-time employees to its southern California headquarters by March 1.

The move is to consolidate company operations to its headquarters in Irvine, Calif. to speed development of its next-generation plug-in hybrid vehicle, according to a Fisker statement.

“Having our entire team in California ensures greater efficiency and speeds up development of our new plug-in hybrids,” CEO Henrik Fisker said in a statement.

Fisker plans to expand, and for “the number of new hires to expand dramatically” as a result of the move, according to a company statement.

Russell Datz, Fisker director of public relations, said no full-time positions are being eliminated by the move.

Much of the development work in Pontiac for Fisker's Karma and Project Nina plug-in hybrid vehicles is outsourced to suppliers and engineering firms, led by a core Fisker team.

Though the Fisker employees are re-locating, the supplier and engineering relationships with “dozens” of Michigan companies will not be affected, according to a company statement.

Datz says the move will not delay the development and launch schedules for Fisker's vehicles, which have yet to go into full production.
 
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