Singer Justin Bieber does not instill his money in the electric car manufacturer Fisker Automotive . The company had fallen into the hands of China , Wanxiang Group . A company's biggest parts in China .
As quoted by Reuters on Monday ( 2/17/2014 ) Bieber does not even follow the auction process Fisker . Wanxiang beat the rich Richard Li from Hong Kong .
Whereas before , whispers circulating that Bieber is ready to invest because they want to save Fisker of bankruptcy . Bieber is known to have an electric car Fisker Karma . He worried that if the company goes bankrupt, electric cars will not maintained .
But anyway , Bieber not to worry anymore , because there is a Chinese company that bought Fisker worth U.S. $ 149.2 million . All assets and liabilities are now turning Fisker belong to China .
Fisker , based in China was originally a company owned by Henrik Fiske , a former designer at BMW .
Fisker began to falter in 2012 due to very high cost and technical failures in the system that makes them lose cash.
Fisker later filed for bankruptcy in November and they had been willing to sell all of its assets to Richard Li . But it was opposed by creditors Fisker because they will not get anything from the process . The creditors had actually united with Wanxiang and asked to do an auction .
