The economy has caught up with Karmann, the independent German builder whose name was most famously applied to Volkswagen's '50s roadster, forcing it to file for insolvency. Most recently the company's 3,470 workers were assembling Audi A4 and Mercedes CLK convertibles. Over its 108-year history the brand has done work for a host of marques, building Porsche bodies, the Chrysler Crossfire, the roof system for the Pontiac G6 and Nissan Micra, and the European version of the AMC Javelin. Declining car sales, however, have kept Karmann from being able to fulfill its financial obligations to laid off workers.

[Source: Automotive News, sub req'd. | Photo: ArgentLA]

I'm reporting this comment as:

Reported comments and users are reviewed by Autoblog staff 24 hours a day, seven days a week to determine whether they violate Community Guideline. Accounts are penalized for Community Guidelines violations and serious or repeated violations can lead to account termination.

    • 1 Second Ago
  • 2015 Toyota Highlander
    MSRP: $29,765 - $44,140
    2015 Jeep Grand Cherokee
    MSRP: $29,995 - $64,895
    2015 Honda Accord
    MSRP: $22,105 - $33,630
    2015 Honda Civic
    MSRP: $18,290 - $26,740
    2015 Mazda Mazda3
    MSRP: $16,945 - $25,545
    Share This Photo X