Fisker, a leading automaker, has announced that it expects to generate substantial cash in the first quarter of 2023 through the sale of units that were built but not sold. This additional cash will be used for working capital. Furthermore, Fisker’s new dealership model has gained traction, with more than 100 automotive dealers in the U.S., Canada, and Europe expressing interest in becoming a Fisker dealer. To further promote its dealership network, the company will be hosting dealers at its headquarters in Manhattan Beach, California, and several Fisker executives will be attending the National Automobile Dealers Association (NADA) next month.
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