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Stock impact report

Fisker on track to start production of its electric Ocean SUV this year, now has 56,000 reservations [CNBC]

Magna International, Inc. (MGA) 
Last magna international, inc. earnings: 2/21 05:00 am Check Earnings Report
US:NYSE Investor Relations: magna.com/investors
Company Research Source: CNBC
The company's second-quarter loss was narrower than expected. In this article California-based EV startup Fisker said Wednesday it now has more than 56,000 reservations for its Ocean electric SUV, and confirmed that it's still on track to start production in mid-November. The announcements were part of Fisker's second-quarter earnings report . Here are the key numbers: Loss per share: 36 cents vs. 41 expected by Refinitiv consensus estimates Net loss: $106 million vs. $122.1 million reported in the first quarter of 2022 Reservations: More than 56,000, up from more than 45,000 when it reported its first-quarter results in May. CEO Henrik Fisker confirmed the company and its manufacturing partner, global auto supplier Magna International , are on track to begin production of the Ocean at a Magna-owned factory in Austria later this year. Fisker also confirmed that its second vehicle, a lower-cost model called the PEAR, will be built by Taiwan's Foxconn Technology Group i Show less Read more
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