When Gumpert->ke1055 was financially healthy, it produced some of the fastest and most powerful cars in the world. At one point, the Apollo->ke1056 even staked its claim as the fastest production car on the planet.

But all that seems like a distant memory now that the German automaker is in serious trouble again. It's gotten so bad that, according to German news source T-online, Gumpert has once again gone under.

The sad part is that this isn't Gumpert's first dance with insolvency in the past year. In fact, a year ago, the company's financial turmoil forced it to declare for insolvency. It seemed that the company was slowly getting its act together after the company announced that a new investor had come into the picture and that the company was set to launch an expanded product range in the future.

Those proclamations ended up being lip service now that the company has filed for insolvency again. We gotta say, it's not looking really good for Gumpert these days and unless it can find more money to finance its operations, we might be looking at the end of one of the most potent builders of supercars we've seen in recent history.

It's a shame, but that's the state of the industry these days. You build cars worth millions with a limited supply and when the demand isn't there, then you're in trouble. It worked for Gumpert for a while, but it looks like its doomed formula finally caught up to it.

Click past the jump to read about Gumpert Apollo Enraged, a souped up version of the once revered "Bugatti Killer"

2012 Gumpert Apollo Enraged

Back at the 2012 Geneva Motor Show, Gumpert unveiled a then-mysterious model that it promised was going to change the supercar game. It was called the Apollo Enraged and yes, it was, i our own made-up word, "en-ragious"

The Apollo Enraged was powered by a 4.2 liter V-8 twin-turbo engine that delivers a total of 780 horsepower and a peak torque of 678 pound-feet. Gumpert said that it was capable of sprinting from 0-60 mph in just 2.9 seconds and 0-124 mph in a staggering 8.7 seconds. No top speed was given but we imagined it to be around 240 mph.