Fisker Inc., the American automotive company, recently filed for Chapter 11 bankruptcy protection due to financial difficulties as well as software and mechanical problems.
According to reports, Fisker is looking for a buyer for its assets, with estimated assets of $500 million to $1 billion USD and debts between $100 million and $500 million USD. This comes after a series of layoffs by the company to cut costs and a number of recalls of its oceans SUV.