In an obviously disappointing turn of events, Wiesmann , the manufacturer of those highly attractive MS5 Roadsters, has reportedly filed for bankruptcy.
The filing, which was made in the Münster District Court in Germany , didn’t specify the type of financial straits the company is under but the fact that the courts not only found Wiesmann insolvent, but it was also compelled to appoint one Dr. Norbert Küpper as Wiesmann’s preliminary insolvency administrator. These two things definitely casts a pall of gloom on the future of the 20-year old company.
It’s a huge shame that it’s come to this for Wiesmann. Sure, it never established the kind of traction it would’ve hoped with its retro-futuristic models, but the ones that it built, specifically the pocket rocket that was the GT MF5 , definitely deserved a whole lot more love than it received.
We’re really hoping that this whole situation is ironed out and Wiesmann isn’t forced to fade into the sunset. But that’s the harsh reality of doing business in an insanely competitive industry. If you don’t have the proverbial horses to keep up, you’re going to be left behind in the cold.
And in Wiesmann’s case, it might end up costing the company its very existence.
Click past the jump to read about the Wiesmann GT MF5