Automakers

Fisker says no bank guarantee with partner Magna Steyr

Fisker Ocean 2022
The Fisker Ocean five-passenger all-electric SUV is being built by Magna Steyr, the Austrian unit of Magna International. (BLOOMBERG)
R
By:
Reuters
December 02, 2022 07:48 AM

Electric-vehicle maker Fisker said on Thursday that it does not have a bank guarantee with manufacturing partner Magna Steyr, the Austrian unit of Magna International, in response to a report by short-seller Fuzzy Panda Research.

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