Fisker Announces Strong Revenues & Plans for Expansion to the Middle East
Fisker Santa Monica has always be honored to be the premier California dealer for Fisker Automotive, a car company that is committed to producing electric vehicles that deliver uncompromised responsible luxury. The company recently published its first business update and announced that revenues had exceeded $100 million in the first four months of 2012. That goes to show the strength and confidence that consumers have in the company and their product. Deliveries of a 1000 Fisker Karma luxury four-dour electric sedans began in December of 2011 to customers across North America and Europe.
Henrik Fisker, executive chairman of the company, said: “There is great confidence from the investment community, our customers and the media in what we have achieved in bringing such a beautiful and innovative car to the marketplace in record time.”
“Treading a new path in any industry is never easy, but we have set out to re-define and re-shape the way the world thinks about cars, and I am proud of what the Fisker team has achieved so far.”
Amidst the strength and growth in North America and Europe, there are plans to expand to the Middle East as Fisker signed an exclusive agreement with the Al-Futtaim Group, one of the Middle East’s most experienced distributors. Al-Futtaim and its network of retailers will enable Fisker to reach customers in the U.A.E., Saudi Arabia, Qatar, Oman, Bahrain, and Egypt.
Tom LaSorda, chief executive officer of Fisker Automotive, said: “We are encouraged by solid demand for the Karma, our unique extended-range luxury model. Pending completion of investment sourcing, we are poised to press ahead with further market expansion and development of our higher volume model, the Fisker Atlantic.”
Founded in 2007, in these short few years, Fisker Automotive has established itself as a key player in the automotive industry, redefining luxury for the modern sports car buyer. Success as demonstrated by sales and revenues continue to show consumer excitement and confidence. Fisker Santa Monica looks forward to the continued partnership with Fisker Automotive and is proud to be able to bring such a unique product as the Fisker Karma to our customers here in California and the surrounding area.
