Luxury e-car firm on drive to save cash

Fisker Automotive, a maker of luxury plug-in cars that's seeking investors to fund operations, lost a potential partner and gave employees a week off to save cash. Fisker also retained restructuring lawyers, according to a person familiar with the matter.

Dongfeng Motor, a Chinese carmaker that had considered buying a stake in California-based Fisker, said on Thursday those talks were over. Fisker has repeatedly declined to identify specific companies it is talking to.

via Business feed http://www.scmp.com/business/companies/article/1202837/luxury-e-car-firm-drive-save-cash