Fisker misses payments and stops production in Austria. Production at the contract manufacturer Magna is scheduled to come to a standstill for six weeks.
Fisker previously owed $8.4 million in interest on convertible notes. The company's cash balance had dwindled to $120.9 million as of Friday - less than a third of what was available at the end of last year. According to insiders, this is Nissan from Japan; It was recently said that an agreement could be signed later this month.