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Report: Wiesmann files for bankruptcy

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    Report: Wiesmann files for bankruptcy

    Filed under: Convertible, Coupe, Performance, Europe, Government/Legal, Earnings/Financials, Racing


    German sports car manufacturer Wiesmann has reportedly filed for bankruptcy. The filing, which was made to a German district court in Münster, didn't specify any of the financial details that led Martin and Friedhelm Wiesmann to this point. The small-scale manufacturer's collapse isn't a massive surprise, as it's product lineup hasn't changed a great deal over the years. Still, the funky coupes and roadsters have always been admired from afar by the Autoblog team.

    Wiesmann has been in business since 1993, building retro-futuristic sports cars with engines and transmissions from BMW. According to a report from Motor Talk in Germany, the Dülmen-based outfit had only been producing about 200 vehicles per year, with its most potent models, the 547-horsepower GT MF5 and the track-ready GT MF4-CS (pictured above), presenting a unique dose of performance that is difficult to come by. It's a shame to see them in dire financial straits, but we don't yet know whether the company is staring down liquidation or just reorganization.Wiesmann files for bankruptcy originally appeared on Autoblog on Thu, 15 Aug 2013 10:01:00 EST. Please see our terms for use of feeds.
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