Fisker Names Ex-Chrysler Boss Tom Lasorda As New CEO

Today's a big day for beleaguered automaker Fisker. The company announced that former Chrysler CEO Tom Lasorda would be joining the company as its new CEO, after joining Fisker's board in December. Company founder Henrik Fisker's role remains unclear following the announcement, but Lasorda helped run Chrysler during the tumultuous time when it was owned by Cerberus Capital Management, a private equity firm. Chrysler eventually declared bankruptcy under the firm's ownership in 2009. Fisker is now facing the prospect of having $336 million in loans from the Department of Energy frozen, and is now courting private equity firms to help raise capital. Fisker is set to debut their next model, the Surf station wagon, at the 2012 Paris Auto Show in September. from The Truth About Cars http://www.thetruthaboutcars.com

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