5 Car Brands Going Out of Business - 2 Already Shut Down

The car industry has already lost some brands, and more are facing serious problems. This video looks at 5 car brands that could disappear, shrink dramatically, or lose their place in the market — including Fisker and Canoo, which have already gone through bankruptcy, along with Polestar, Faraday Future, and SEAT. Polestar is facing a major change in the United States, with the company unable to sell new vehicles in America from the 2027 model year under the current Connected Vehicle Rule. Faraday Future is still operating, but its latest financial filing says substantial doubt exists about its ability to continue as a going concern. SEAT is also facing questions about its long-term future as Volkswagen Group weighs where to concentrate its investment. The bigger story is what happens when a car company disappears. Parts, service, software, warranties, dealers, and resale value can all become much more important when the manufacturer behind the vehicle is no longer operating normally. Fisker and Canoo show what that looks like after bankruptcy. The other brands show how different the road to the end can be. And with “Bankrupt by 2027?” becoming a serious question for some struggling automakers, the next few years could completely change this part of the car industry. Tags: car brands going out of business, car brands going bankrupt, car companies going bankrupt, bankrupt car companies, car brands disappearing, car brands shutting down, car brands to avoid, automotive industry, auto industry 2026, car industry 2026, Fisker, Canoo, Polestar, Faraday Future, SEAT, struggling car companies, failing car companies, bankrupt automakers, dying car brands, future of the auto industry