Thursday 5th July 2012


ARTEGA GOES INTO ADMINISTRATION

German sports car company looking for investors as Asian buyout fails


Artega, the German sports car company whose Evora-chasing coupe was designed be Henrik Fisker (he of Fisker electric cars fame), has filed for bankruptcy.


According to a short statement published on its own website, the move for insolvency was precipitated when a proposed sale of the company to an Asian investor fell through.

Artega, which was last sold just two years ago to a Mexican beer heiress, remains open for business while it works with administrators to find new investors, which will no doubt be a relief to its 34 employees.

We certainly hope Artega does find a buyer - we enjoyed the Artega GT we drove at the Nurburgring a little while back, and it's never good news when a plucky sports car company goes under...

Author: Riggers
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