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2013 Wiesmann GT MF4-CS

Wiesmann Seeks New Investors

Wiesmann, the German manufacturer of lightweight, retro-styled sports cars powered by BMW M engines, finally went out of business earlier this year after several years of barely scraping by. But for brothers Martin and Friedhelm Wiesmann, it’s still not quite over for the company they founded... read more

September 5, 2014 by 
 
Bertone logo

Stile Bertone Declared Bankrupt, Assets Go Up For Sale

Italy's Bertone, established in 1912 as a coachbuilder, has been hit hard by financial strife in the past decade, with the company forced to end its vehicle manufacturing... read more July 11, 2014 by 


 
2013 Wiesmann GT MF4-CS

Boutique Carmaker Wiesmann Out Of Business

German boutique sports car maker Wiesmann, creator of the odd but iconic MF4 and MF5, has finally gone out of business after a drawn out insolvency. Last summer, Wiesmann... read more May 7, 2014 by 


 
1970 Bertone Lancia Stratos HF Zero

Bertone Confirms Bankruptcy, Searches For Buyer

Legendary Italian styling house Bertone confirmed that it has entered bankruptcy proceedings. The Telegraph reports that the company has racked up significant debt, and that... read more March 26, 2014 by 


 
The New Fisker Automotive

Wanxiang Launches 'The New Fisker' Website, Says Atlantic Is The Future

The American arm of Chinese auto parts giant Wanxiang recently bought up the assets of bankrupt electric car startup Fisker Automotive and has now confirmed by way of a... read more March 7, 2014 by 


 
Fisker Atlantic Design Prototype  -  2012 New York Auto Show

China's Wanxiang Wins Fisker Auction With $149.2 Million Bid

A U.S.-based arm of Chinese supplier Wanxiang (Wanxiang America Corporation) was the successful bidder in an auction of the assets of bankrupt electric car startup Fisker... read more February 16, 2014 by 


 
2012 Fisker Karma

Fisker's New Owner May Not Have Access To Brand Name, Logo

You'd think a company's name and logo were among the standard items of any business buying up the assets of a bankrupt firm, but in the case of Fisker Automotive's... read more February 5, 2014 by 


 
2012 Fisker Karma EcoSport

Fisker Wants Court To Reject Wanxiang Bid, Cites It As Cause Of Bankruptcy

Bankrupt automaker Fisker Automotive is urging courts to approve the sale of its assets to a Hong Kong company currently bidding on it, in the hope that it can prevent... read more January 3, 2014 by 


 
2012 Fisker Karma EcoChic, New York City, Jan 2012

Fisker Founders Sued Over Company Collapse

The woes of Fisker Automotive, the electric car startup that filed for bankruptcy late last year after a series of insurmountable problems, don't look like stopping any time... read more January 2, 2014 by 


 
2013 Wiesmann GT MF4-CS

Germany’s Wiesmann No Longer Insolvent

It looks like it isn’t the end of the road for niche German sports car manufacturer Wiesmann just yet. After declaring itself insolvent in August, Wiesmann has now... read more December 2, 2013 by 


 
2012 Fisker Karma

Fisker Files For Bankruptcy, Assets Sold To Hybrid Technology

Electric car startup Fisker Automotive has finally filed for Chapter 11 bankruptcy, more than one year since it last built one its $103,000 Karma extended-range electric... read more November 25, 2013 by 


 
Carbon Motors E7

It's A 187 On The Carbon Motors Cop Car Dream, E7 Up For Auction

It's never easy to create a new version of something that already exists in a given market. Take, for example, the police car. For decades, the Ford Crown Victoria has been... read more November 15, 2013 by 


 
9ff Porsche GT9-R

Porsche Tuners 9ff And speedART File For Bankruptcy

The European car market continues to decline as the economies of most of its nations spiral downward, and the toll on the upper end of the custom and tuner segment continues... read more September 17, 2013 by 


 
2013 Gumpert Apollo S

Gumpert May Finally Be Down For The Count

If you're a fan of visually unappealing yet wildly potent automobiles, the Gumpert Apollo is probably your desktop background right now. Founded in 2004 by ex-Audi Sport... read more August 29, 2013 by 


 
Wiesmann MF5 Roadster

Sports Car Brand Wiesmann Files For Insolvency

Luxury sports car maker Wiesmann has filed for insolvency in its native Germany, the latest niche automaker to be hit by the downturn of the European new car market. Wiesmann... read more August 19, 2013 by 


 
City of Detroit, by jdurchen [Flickr]

City Of Detroit Files For Bankruptcy: Video

Detroit, once America’s fourth biggest city and still the heart of the country’s auto industry, filed for Chapter 9 bankruptcy protection in a federal court late... read more July 18, 2013 by 


 
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