Following a troubled first half of 2012, Fisker is now conducting a voluntary recall of all 1900 Karma models sold to replace a low-temperature cooling fan identified as the source of a slow-burning fire that afflicted a customer's car in Northern California. Fisker engineers worked with a private investigation firm to determine the root cause of the fire.
Cooling fans on all Karma models sold so far will be replaced, and an additional fuse will be installed as a secondary precaution. Fisker was quick to point out that the incident was in no way related to the battery pack or electric propulsion system, which the company addressed in a prior recall earlier this year, in which a faulty hose clamp could cause coolant leakage on the battery pack, possibly resulting in a short and a fire.
In addition to these embarrassing recalls, the company also recently lost a key Department of Energy loan, causing the company to scramble to find sources of private funding. The loans were part of the business plant to manufacture the handsome Atlantic sedan in the former General Motors plant in Delaware. The Karma sedan is currently built by contract manufacturer Valmet in Finland. The company has not yet committed to a production site for the Atlantic since the withdrawal of the DOE loans.
The company is also on its third CEO in less than a year, with founder Henrik Fisker first being replaced by former Chrysler CEO Tom LaSorda, then former Chevrolet Volt chief engineer Tony Posawatz earlier this month.