Gumpert Files for Insolvency, Promises Comeback

We could start this article by inviting you to search for the “Fine Day for Science” episode of the Dexter’s Laboratory cartoon series, but that would be a tad complicated, so we’ll get to the point: August 2012 has been a true disaster for small-volume German supercar producers.
Gumpert Apollo 1 photo
Photo: Gumpert
After Artega and Melkus filed for insolvency and bankruptcy, respectively, during August, now a third niche go-fast carmaker from Germany is going down the insolvency road. We are talking about Gumpert, which has just issued a press release on the matter.

Gumpert has been on the market for 10 years now and every car aficionado has dreamed of driving its brilliant Apollo, but it seems that the company lost all it had in Blackjack game played in the mirage of the contemporary auto industry, China.

Gumpert itself tells us that it has neglected the European market, directing its efforts towards making it big in China and now that the move failed, the company was forced to apply for insolvency.

However, since Gumpert has done quite a good job at building four-wheeled creations that go fast before the Chinese soap bubble burst, it seems that the company is set to get back on track soon.

An administrator has already been named and they’re expecting to sell the first car by the end of the current week. Guess we’ll just have to wait and see if Gumpert can catch the slide.
If you liked the article, please follow us:  Google News icon Google News Youtube Instagram Twitter
About the author: Andrei Tutu
Andrei Tutu profile photo

In his quest to bring you the most impressive automotive creations, Andrei relies on learning as a superpower. There's quite a bit of room in the garage that is this aficionado's heart, so factory-condition classics and widebody contraptions with turbos poking through the hood can peacefully coexist.
Full profile


Would you like AUTOEVOLUTION to send you notifications?

You will only receive our top stories