Gumpert recovers from insolvency as it receives new orders for Apollo supercar

Article by Christian A., on November 15, 2012

The recovery has been slow for Gumpert, the German automaker, after having filed last August for a provisional insolvency. Gumpert was able to resume production while it was under the insolvency administration. But then, the number of orders it has received is increasing. The insolvency proceedings began right as scheduled, on Oct. 16, 2012.

It sold its first new car just a few days after. According to insolvency administrator Mr. Görge Scheid, he is confident that with the many orders in process, its operations will be able to continue sustainably and permanently. Notably, the first negotiations with investors have taken place. Even with the slump in the car industry, there’s still a high demand for the sports car Apollo.

This proves that the market still has a place for an independent sports car manufacturer. The apollo has an advantage over small series producers, which are facing insolvency like Melkus and Artega, since it features the highest level of self-contained technical developments. Germany has a small and elite fan base for the super sports car.

Since all cars are handmade, each masterpiece is one of a kind and assembled according specifically to what the buyer wants. According to managing director Roland Gumpert, they hope to sell 4 or 5 cars in the next quarter.

Since its global network has been activated once again, it anticipates more orders to come in from Japan, China, Turkey and the Middle East. Insolvency administrator Mr. Scheid said that it’s assumed that an investor will be found in time for all 25 jobs in Alterburg to be saved. Roland Gumpert, the technical manager of AUDI, reached his goals by creating the apollo and the advanced model Tornante about a decade ago.

Topics: gumpert, supercar

If you liked the article, share on:

Comments

Recommended

Volkswagen of America has a nice surprise for potential customers of the new VW Tiguan (2018 model year). The latest iteration of the Tiguan – set to arrive in the...
by - May 25, 2017
Toyota Camry is many things but exciting isn’t one of its frequent descriptions. That’s why throughout the years, Toyota has been stepping up its game for the said model in...
by - May 25, 2017
Volkswagen intends to leave the crowd in awe at the Worthersee Meeting (Wortherseetreffen) – the largest VW and Audi car show in Europe – with its new GTI Worthersee concept. ...
by - May 25, 2017
The much-hyped 2018 Dodge Challenger SRT Demon certainly has attracted a lot of attention, and possibly many potential buyers. Now, here is good news for interested customers: Dodge has finally...
by - May 25, 2017
An RHD (right hand drive) BMW M4 DTM Champion Edition has been listed to be for sale by Romans International, UK’s leading supercar dealership. The first owner of this rare...
by - May 24, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries