Wiesmann Comes Out Of Bankruptcy

2013 Wiesmann GT MF4-CS High Resolution Exterior
- image 495797

All this bankruptcy talk has left a bitter taste in our mouths. Fortunately, one of the companies that filed insolvency proceedings earlier this year has managed to get itself back in order.

Wiesmann took the step of filing bankruptcy back in August. Anytime something like this happens, the first thought immediately goes to the future of the company, or whatever future it has left.

But after a few months of being relatively quiet, Wiesmann has announced that it has filed an application to dismiss its bankruptcy filing, putting an end to what would’ve been a pretty sad end to the German specialty marque.

The company’s management has scheduled a meeting with creditors on December 16 to talk about the company’s future, something we hope is a lot brighter now than it was back in August.

Hopefully, more news of this sort comes out of all those other troubled brands. At least Wiesmann was able to get its act together; here’s to all the others following suit.

Click past the jump to read about the 2013 Wiesmann GT MF4-CS

2013 Wiesmann GT MF4-CS

2013 Wiesmann GT MF4-CS Exterior AutoShow
- image 495760

Wiesmann’s newest addition to its lineup was the GT MF4-CS, which made its debut at the 2013 Geneva Motor Show. According to the Germany-based automaker automaker, the new GT MF-4 CS carried "measurable performance-oriented motorsport on the one hand, while also being a car that can also be driven on public roads on the other hand.

The GT MF4-CS was powered by a BMW-sourced V-8 engine that delivers a total of 420 horsepower. The model will go from 0 to 60 mph in just 4.4 seconds and up to a top speed of 182 mph.

Only 25 units of the GT MF4-CS were allocated for the public at a price of €193,193.28, or about $250,000 at the current exchange rates.

Press Release

Press Release
Dülmen / Germany

Application for dismission of the insolvency proceedings

The management board of the Wiesmann corporation has filed the application to dismiss the insolvency proceedings due to abolition of the insolvency reasons.

The creditors’ meeting is postponed to December 16, 2013.

View the full press release Hide press release
Press release
What do you think?
Show Comments
Car Finder: