Wiesmann is Bankrupt

[flashygee]

I dunno its posted before here but the German Sportscarcompany Wiesmann,Builder of the BMW engine Powered
Roadsters is Bankrupt-RIP Wiesmann.

[Oldandslow]

Wow. Small performance car company going bust and it isn't British.

Hope they get saved I love the 50's Jag alike looks of their cars.

[Funk]

Gumpert have gone too.

[RDMcG]

Wow..too great cars....sad to hear.

[WTFWT]

Surely, building these kind of artisan cars has to be a rich man's hobby/folly).

I assumed Wiesmann, Gumpert, Artega (even, dare I say it, the new TVR) were being run like Noble. "I've got the cash, I have an ideal, I'll see it through. Regardless."

Does the business case stack up with this lack of blind fanaticism/sponsorship?

Sad to see either way. I didn't want one, but I'd tip my hat at the lights to the man who had one, no matter what I was driving.

BTW: nothing wrong with the product, in my limited experience. The Noble M600 was the best road car I have ever driven.

[PJS917]

It's very sad, they made very interesting cars and were very helpful when I visited the rather
Splendid factory/showroom, a few photos from that day.

[Turn7]

Shame really, fabulous looking cars with great performance.

The market must be absolutely tiny for this kind of stuff, its no wonder these firms go pop.

[Shurv]

B*gger, that's one car off my lotto garage list then. I've always lusted after a Weismann,gutted for them and the motoring world at large.

[Fubar1977]

Sad day, very sad.

[SpeckledJim]

Great shame. Brilliantly conceived cars.

[Sport Coupe]

That's a real shame, lovely cars and I finally saw one in the skin this year.

[oksanawarburg]

Shurv said:

B*gger, that's one car off my lotto garage list then. I've always lusted after a Weismann,gutted for them and the motoring world at large.

Same here - I like those niche manufacturers. Always wanted a Bristel but too expensive.

[paul.deitch]

Very interesting article here, unfortunately in German, but Google does a mostly reasonable job of translating it. Some parallels with TVR.
http://www.manager-magazin.de/unternehmen/autoindu...

[bertiedee]

I followed a beautiful blue German registered Convertible yesterday for a while in Cumbria. A second hand one would still make the lottery winning garage!

[fatboy18]

Shame At the end of the day you are selling to a limited Market, China could have been a market to look into, but then Logistics play a big part and the setting up of servicing etc.

I did not know Gumpert had gone too

Seems investors are still being careful with their monies?

[Sine Metu]

fatboy18 said:

Shame At the end of the day you are selling to a limited Market, China could have been a market to look into, but then Logistics play a big part and the setting up of servicing etc.

I did not know Gumpert had gone too

Seems investors are still being careful with their monies?

I dont know that China is interested in cars like this. There isn't much of a history of niche sports cars there or nostalgia factor. Porsche are first and fore,ost a luxury SUV company in that market.

[fatboy18]

Sine Metu said:

fatboy18 said:

Shame At the end of the day you are selling to a limited Market, China could have been a market to look into, but then Logistics play a big part and the setting up of servicing etc.

I did not know Gumpert had gone too

Seems investors are still being careful with their monies?

I dont know that China is interested in cars like this. There isn't much of a history of niche sports cars there or nostalgia factor. Porsche are first and fore,ost a luxury SUV company in that market.

Well I remember watching some TV program showing a whole fleet of italian metal/carbon that multi millionaire business men had over there so it would not suprise me that the up and coming businessman and Women might like something like this to be a bit different?