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Fisker Exceeded Targeted Assembly Rate Of 80 Units Per Day At The End Of June
(RTTNews) - Electric vehicles maker Fisker, Inc. (FSR) announced Friday its vehicle production volume for the second quarter of 2023.
In the second quarter of this year, 1,022 of the class-leading Fisker Ocean SUVs were produced in Austria for customers as well as marketing and engineering purposes.
Fisker said it exceeded its targeted assembly rate of 80 units per day at the end of June and expects vehicles produced to exceed 1,400 in early July.
Looking ahead, Fisker is investing in additional battery pack capacity to protect the compressed manufacturing timeline this year and support higher volumes than originally anticipated next year.
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Fisker Says It Is Fully Cooperating With NHTSA On Reported Braking Issues
Fisker Inc. (FSR) said Friday reacted to the National Highway Traffic Safety Administration (NHTSA) Office of Defects Investigation's (ODI) Preliminary Evaluation of reported braking issues with the 2023 Fisker Ocean saying, "Fisker is fully cooperating with NHTSA on this matter."
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FTSE 100 Moves In Tight Range; Shell, Imperial Brands Score Strong Gains
U.K.'s benchmark FTSE 100 is moving in a tight range Tuesday morning as investors largely make cautious moves, reacting to some corporate news, and looking for fresh economic data.
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Sensex, Nifty Extend Gains For Fourth Day
Indian shares rose on Tuesday, although key benchmark indexes Sensex and Nifty ended off their day's highs as investors awaited cues from the upcoming September-quarter earnings season.
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CAC Edges Up Marginally; Kering, Renault Gain On Rating Upgrade
After a flat start and a subsequent drop, France's benchmark index CAC 40 climbed into positive territory on Tuesday with a few big name stocks finding some support after previous session's decline.
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German Market Down Marginally On Weak Economic Data, Rising Bond Yields
German stocks are showing weakness on Tuesday, weighed down by higher bond yields, and data showing another drop in the nation's factory orders. Investors also continue to follow the political developments in France where Prime Minister Sebastien Lecornu, who resigned on Monday, has been asked to continue negotiations with other political parties to try and end the current crisis.
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UK House Prices Fall For First Time In 4 Months
UK house prices decreased for the first time in four months in September as concerns over potential tax increases weighed on the property market activity, the mortgage lender Halifax said Tuesday. House prices fell 0.3 percent on a monthly basis, in contrast to the 0.2 percent increase in August. Prices dropped for the first time since May and confounded expectations for an increase of 0.2 per
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European Shares Subdued As German Factory Orders Fall Again
European shares were subdued on Tuesday, with a deepening political crisis in France and weak factory orders data from Germany weighing on markets.
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Asian Shares Mixed In Thin Holiday Trade
Asian stocks ended mixed on Tuesday as the U.S. government shutdown dragged on and the French political turmoil deepened.
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