Tag: bankruptcy
Report: Gumpert Slumps Back Into Bankruptcy
German supercar manufacturer Gumpert has once again filed for provisional insolvency after its financial backing fell through once again. The company had originally entered...
Fisker’s Future Hanging by a Thread With Bankruptcy Imminent
After company founder and CEO Fisker Karma recently stepped down from his position and left the electric car company he started, Fisker’s future is...
Fisker’s Battery Supplier A123 Declares Bankruptcy
Fisker's battery supplier, A123, has hit troubled times recently. Things were looking up after it secured a $450 million deal with Wanxiang Group Corp,...
BMW Considering Purchasing DeTomaso
Speculation submerged that BMW might be interested in the buying De Tomaso. This news has been confirmed by the secretary of the UILM trade...
Melkus Declares Insolvency
German sports car manufacturer, Melkus, declared insolvency earlier on today. German press sources have revealed that Melkus filed with the Dresden district court for...
De Tomaso Declared Bankrupt
De Tomaso has been declared bankrupt by the court in Livoro, following a period of uncertainties and the failure to secure a Chinese buyer....
Lola Cars Filing for Bankruptcy Protection
Lola Cars International Ltd was formed in 1958 and it is now filing for bankruptcy protection. Lola Cars started by building small front-engined sports...
Italian Region of Piedmont Searching Buyer De Tomaso
The Italian region of Piedmont has contacted several car manufacturers, including BMW, to investigate their interest in acquiring troubled sports car maker De Tomaso,...
No Interest Shown in Liquidated Maybach Modifier Xenatec
Xenatec, the company behind the Xenatec Maybach 57S Coupé, was placed into liquidation back in October. Recently, the liquidator appointed to manage the dying...
Gemballa: The End of a Tuning Era
It is official! Gemballa has closed its doors. The German tuner - based in Leonberg - has ended its operation after 30 years of...