(MENAFN) The leading auto-parts maker in China said that it plans to continue production at Fisker after it purchased the company for USD149.2 million, Xinhua reported
Production will restart in the coming months at Fisker's manufacturing plant in Finland and then at a disused plant in the US
Wanxiang aims to sell at least 1,000 Karma vehicles in the following year and a half in the U.S. and 500 in Europe
Founder and chairman of Wanxiang Group said: "Hybrid power cars have won recognition among consumers in the U.S., Europe and Japan, but the sale of such vehicles is still at the beginning in China.
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