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Melkus files for bankruptcy in Germany


So much promise, yet not enough to back it all up. Such is the case with German automaker Melkus who has now filed for bankruptcy in a Dresden district court.

German press sources have told GTSpirit that sales of the Melkus R2000 have fallen short of the company’s 25-models-a-year target, thus forcing the company to file for bankruptcy in a last ditch effort to keep the company afloat, albeit barely.

Since the company was relaunched in 2006, Melkus has produced a total of one model - the RS2000. Not exactly the kind of business Melkus had hoped for after six years of being in the business. Certainly, the car’s combination of performance and price - the RS2000 has an output of 325 horsepower and is priced at close to $200,000 - is pretty insane, especially considering the multitude of more powerful choices you can have for that kind of money, but apparently it was not enough to warrant any sales.

Melkus’ struggles appear to have come as a result of overestimating the market with a car that doesn’t pack the kind of punch warranted by its price. Now, it appears they’re paying a pretty steep price for it.

Source: GT Spirit


5 comments:

Oh. Why do they have to suffer from that stage? What will happen on their pending projects?

I think they should merge to other companies to save their future. However, they already filed a bankruptcy. People will look at that scenario from now on.

The concept will be wasted is that supposed to mean? They have to sell the remaining projects so it can help them to have the profit.

Do they have an alternative plan before filing the bankruptcy? They should continue to look for other ways to prevent the bankruptcy on their company.

So it’s finally true that Melkus files for bankruptcy. Why don’t they plan to merge with other auto companies to revive and sustain their budget?

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