2012 Gumpert Apollo Enraged

2012 Gumpert Apollo Enraged

When Gumpert was financially healthy, it produced some of the fastest and most powerful cars in the world. At one point, the Apollo 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.Last November, news came out that Gumpert was getting back on its feet after a recent rash of orders kept the company’s head above water. At that time, insolvency administrator, Görge Scheid, said that the company was still in the middle of looking for investors that would keep the company alive.

Well, good news has arrived for Gumpert, as the supercar maker confirmed that it has not only secured a new investor but more importantly, it’s about to launch an expanded product range in the future.

“Our distribution and dealer networks are being expanded worldwide and sister models will soon be added to the Apollo,” company founder, Roland Gumpert, said.

For now, the company is keeping its plans under lock and key, although Gumpert did give some hints that one of the first models of the re-launched Gumpert will arrive this year at a "major trade fair".

Maybe the Frankfurt Motor Show later this year?

Whenever that is, it’s great to see Gumpert back on its feet. We probably speak for everyone when we say that we can’t wait for its next range of models to once again challenge for the title of "fastest car in the world.”