Shit! Wiesmann is without money [insolvency]

Posted on 15-08-2013 at 13:21 by robbie – 79 Comments”

Bad news for fans and lovers of the small, but brave, Wiesmann. The German car brand is trying to insolvency. What that means? They can no more comply with their obligations, and it is a first step towards bankruptcy.

Thanks to the crisis, we saw similar brands as Melkus, Gumpert and Artega also been in similar situations end up hitting. Sometimes managed to make a comeback, but it didn’t always end well.

The court in Münster has submitted an application for the appointment of a provisional liquidator that supervision must continue to keep at the company. Let’s hope that they will succeed to find a way out from this troublesome situation. Maybe that motorenleverancier BMW can help him out?

Wiesmann was founded in 1988 by brothers Martin and Friedhelm Wiesmann, but those are both no longer employed by the company. Martin Wiesmann, left the company in August 2012 and his brother was already gone. (via: autozeitung.de)