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Low volume German sports car manufacturer Melkus has filed for bankruptcy.
The company is reported to have filed for insolvency at a district court in Germany following slow sales for its Lotus Elise-based RS2000 sports car.

The marque was originally founded in the 1960s by racing driver Heinz Melkus and was resurrected by grandson Sepp Melkus in 2006. The original plan was to build 25 cars per year, but how many have been built to date is unclear.

Created as a successor to the 1969 Melkus RS1000, the GRP-bodied, Gullwing door-equipped RS2000 has been built to order in 325hp GT trim or 375hp GTS trim with a price tag of over 100,000 Euros.

Melkus Sportwagen GmbH has around 10 employees at their factory in Dresden.
The company says a recovery is "well within the bounds of possibility" and is currently searching for investors in an effort to continue.