Supercar Manufacturer Gumpert Is Officially Dead

2013 Gumpert Apollo 1 photo
Photo: Gumpert
German sportscar manufacturer Gumpert has officially gone under after the company’s mysterious new investor declined to fund the struggling company, insolvency administrator Gorge Scheid revealed earlier this week.
According to reports coming from Germany, Gumpert, who remained with no cash flow to produce any vehicles in the foreseeable future, has laid off the remaining 19 employees that were still with the company.

Founded in 2004 by by former Audi manager Roland Gumpert, the automaker has developed three versions of the Apollo supercar, which was powered by a bi-turbo 4.2-liter V8 engine that delivered 650 HP.

Gumpert filed for bankruptcy about a year ago, but promised to resume production of the Apollo before the Geneva Motor Show, when the Germans announced that a new investment has been secured.

Gumpert rose to fame back in 2009, after an Apollo Sport set a new lap record on the Nurburgring-Nordschleife track.

Story via T-Online via WorldCarFans
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About the author: Ciprian Florea
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Ask Ciprian about cars and he'll reveal an obsession with classics and an annoyance with modern design cues. Read his articles and you'll understand why his ideal SUV is the 1969 Chevrolet K5 Blazer.
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