A month and a half ago, Germany's Gumpert announced that it was about to file for bankruptcy after failing to find a new owner. Â Today, future looks a little brighter: One of the company's employees has told a source in Holland that an investor purchased the company at the very last minute, saving it from a near-certain demise.
The anonymous employee refused to give the name of Gumpert's new owner, saying only that the company will continue its operations and issue an official statement about the change of ownership in the very near future. Â Before entering dire financial straits, Gumpert was mulling the idea of expanding into China to generate cash flow. Â Several rumors indicate that under its new ownership, the company will mainly focus on selling cars in Europe and put China on the backburner for the time being.
At the time of writing, it is not certain whether Gumpert will build a production version of the Tornante concept that bowed at last year's Geneva Motor Show. Â More information about the company's product plan for the next couple of years will be given by its new owner.
Dubbed Apollo, Gumpert's only car is powered by an Audi-sourced 4.2-liter V8 engine that is fed with two turbos. Â It sends 650 horsepower to the rear wheels via a six-speed sequential transmission and is capable of sprinting from zero to 62 mph in just three seconds.
