• The New Fisker Automotive

    If one thing is needed more than any other to succeed in the automotive industry, it's money. A good product helps too, but money is the difference between that product reaching the audience it needs to, and disappearing without a trace. For Wanxiang Group, the Chinese concern that won the Fisker Automotive bidding war back in February, money isn't a problem. Chairman and founder of Wanxiang, Lu Guanqiu, has an estimated fortune of $3.1 billion behind him. And while he's unlikely to spend his entire personal wealth to bring back the electric automaker, Guanqiu has said he'll "put every cent...

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