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 aleaner, 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.
