Wiesmann Emerges from Insolvency, Will Meet Creditors on December 16

Last time we heard of Wiesmann, the German manufacturer of retro-styled sports cars, things were not good at all. In August this year, the carmaker filed for insolvency at a local court in Münster and went under the protection of an administrator.

Fortunately, it seems that the management has found ways to escape death, as Wiesmann has posted a short statement on its website saying it has requested the court to end the bankruptcy procedure.

“The management board of the Wiesmann corporation has filed the application to dismiss the insolvency proceedings due to abolition of the insolvency reasons. The creditors’ meeting is postponed to December 16, 2013,” reads the statement.

Wiesmann didn’t indicate the reasons for the change, but the important thing is the company will come up with a plan for the future together with its creditors later this month and will hopefully continue to offer BMW-powered sports cars.

The carmaker’s most recent model is the GT MF4-CS limited edition vehicle, launched at the Geneva Motor Show this past spring. Powered by a 420hp BMW V8 engine, the GT MF4-CS sprints from 0 to 100 km/h (0 to 62 mph) in 4.4 seconds and reaches a top speed of 293 km/h (183 mph). Wiesmann said it will only build 25 units of the coupe, each priced from €193,193 ($262,415).

By Dan Mihalascu



Driven: 2019 Hyundai Kona Elite Is A Crossover You Might Actually Want

Behind its cute looks, the Kona is a crossover with lots of appealing features that won’t break the bank.

Drako GTE Is A 1200 HP Electric Hyper Sedan That Promises Supercar-Like Handling

Loosely based on the old Fisker Karma, it’s got a massive output, impressive tech and costs $1.25 million.

2019 BMW 330i Fights The Clock At The Hockenheim GP Track

For a four-pot-powered sports sedan, the new generation 330i performed remarkably well on the circuit.

Mercedes-AMG GT 63 S: A Sexy Super Saloon For Those Who Want It All

The GT 63 S four-door combines aggressive looks, room for four and extreme performance, so if you can afford it…

2020 Mitsubishi L200 Arrives In The UK With £21,515 Base Price

The updated L200 remains a true workhorse, but it now looks more modern and is much improved in all aspects.

Renault Triber Is Bound To Be Full Of Compromises – So, Is It?

Renault’s budget SUV for the Indian market is built to a price, but this doesn’t mean that customers must pass on it.

The UK Now Has More EV Charging Locations Than Gas Stations

Compared to the 8,400 fuel stations, there are currently 9,300 locations for EV car charging in Britain.

Is The e-Legend Concept The Best Looking Peugeot Ever Not Made?

Aside from great design, the e-Legend also boasts a 456 HP electric powertrain and Level 4 autonomy .

Opel To Show “Most Fuel Efficient” Astra Ever, New Corsa, Hybrid Grandland X In Frankfurt

Opel is playing on its home ground on this one, so it’s only natural to go with all guns blazing as it’s making its comeback.

Family Matters: 2019 Audi TTS Takes On First-Gen R8 4.2 FSI

A used, V8-powered R8 costs about as much as a brand new 2019 TTS Coupe, but which one is faster?.