VL Automotive acquiring Fisker Karmas to create Destino sports cars

Article by Anita Panait, on January 28, 2014

VL Automotive is planning to transform Fisker Karma plug-in hybrids into traditional sports cars, retrofitting them by removing their hybrid powertrains and installing Chevrolet Corvette V-8 engines and altered bodies. To achieve this, VL first needs to acquire Karmas they could work on. This could prove as a real challenge considering that Fisker Automotive stopped producing them in 2012.

One of the VL’s founders, Gilbert Villareal, said that they have already acquired 25 Karmas. VL has been purchasing Fisker off dealerships and paying them commissions for the sales. One dealer who visited VL's booth at the 2014 the Detroit auto show agreed to sell nine cars, Villarreal says. VL is expecting to retail each retrofitted Karma -- renamed the Destino -- for around $195,000, depending on options.

Destino will be powered by General Motor’s supercharged LS9 V-8 engine, which provides up to 638 hp, paired to a six-speed automatic transmission.

VL is awaiting regulatory approval to sell the Destino in the United States. Villarreal remarked that VL has potential buyers abroad overseas who have said they want to purchase a Destino.

He said there are estimated 300 new Karmas still unsold in dealer lots, in addition to 1,800 cars sold. "We're finding a huge interest among owners in having their cars converted to our V-8 engine,” Villareal said, adding they could convert around 1,000 of those vehicles. VL is also backed by Bob Lutz, GM’s retired product chief.

If you liked the article, share on:

Comments

Login or Create new account to add a comment!

Recommended

In the minivan segment, the 2017 Chrysler Pacifica is already impressive in terms of fuel economy figures – as rated by the United States Environmental Protection Agency. In fact, the...
by - December 2, 2016
Having a blacked-out Bentley Mulsanne Speed is already menacing by itself but by naming it as the Bamford X, it became all the more imposing. This model was made by...
by - December 2, 2016
We have good news for those who are waiting for the latest version of the Mazda CX-5 compact crossover. It was just unveiled in November at the 2016 Los Angeles...
by - December 2, 2016
Those familiar with racing know that Marco Wittmann’s win during the 2016 Deutsche Tourenwagen Masters held last May was noteworthy as it was his second title in four seasons. In...
by - December 2, 2016
Volvo has revealed that while its products are used by a number of police organizations around the world, it will be the Swedish police that will get the first chance...
by - December 2, 2016
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries