Supercar sales struggle hits Gumpert

Insolvency may actually make Gumpert a leaner, more effective company. Photo / Supplied
Insolvency may actually make Gumpert a leaner, more effective company. Photo / Supplied

Niche German supercar maker Gumpert has hit the wall. The company, founded by former Audi exec Roland Gumpert has applied for insolvency in Germany after a failed plan to sell its supercars to Chinese buyers.

It is possible that the insolvency process might be used to reshuffle Gumpert into a leaner, more effective company.

The lawyer appointed to oversee the process, Gorge Scheid, says it has a good chance of recovery.

Initial discussions with possible investors will begin this week.

Gumpert's Apollo is a stunning machine that is powered by an Audi-sourced 4.2 litre V8, sold in base trim at 485kW, or tweaked up to 595kW. Even the lowest spec version is capable of a heart-stopping 3.1 second 0-100km/h and a claimed top speed of 360km/h.

- NZ Herald

© Copyright 2014, APN New Zealand Limited

Assembled by: (static) on production bpcf02 at 26 Oct 2014 20:23:57 Processing Time: 464ms