Once asked by Adam Carolla what this blogger's two favorite cars were, I replied the Lamborghini Murcielago and the Gumpert Apollo. Proving that this August is the cruelest month as far as niche German carmakers are concerned, the latter company, Gumpert, just filed paperwork to begin provisional insolvency proceedings in Altenburg, Germany. This month has seen fellow Teutons Artega and Melkus file for bankruptcy.

The ten-year-old company had apparently been trying to break into the Chinese market and the move didn't pan out. It's not over for Gumpert – an administrator has been appointed, and we're told he sees the chance of recovery as extremely positive, so now the makers of the Apollo will return their attentions to the European market while they seek new investors. There's a press release below with more details.
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Super sports car manufacturer in provisional insolvency

Altenburg (Germany)-based manufacturer for super sports cars, Gumpert Sportwagenmanufaktur GmbH, had applied for insolvency proceedings, after expected sales volumes in the major target market China couldn't be realized. Local court in Gera (Germany) appointed lawyer Mr. Görge Scheid as provisional insolvency administrator. After a first factory inspection and talks with all 30 employees, Mr. Scheid considers the business' chances of recovery as extremely beneficial.

"The super sports car "apollo", developed by Gumpert is technically mature and holds superior
performance figures compared to all other cars. Now it's essential to reactivate the European market, which has been neglected over the past years."

First discussions with potential investors take place this week.

The highly-experienced Audi-Manager Roland Gumpert, who has set up his own business ten years ago and founded Gumpert Sportwagenmanufaktur on January 8 2004, has created with the apollo's
development and production a worldwide street-homologated sports car, which has been unbeaten by its competitors on the Nürburgring for more than three years now.

"The Apollo has gained an exclusive fan base throughout Germany and Europe. Now we have taken care of this customer base intensely. Production continues and we hope to sell the first vehicle within this week."


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    • 1 Second Ago
  • 15 Comments
      GasMan
      • 2 Years Ago
      Provisionally Insolvent. Is that like a little bit pregnant?
      Louis MacKenzie
      • 2 Years Ago
      Chinese market is for spoiled brats who use their parents' money to buy super cars just to drive up to exclusive clubs. They can't even speed down the traffic jammed roads of Shanghai and Beijing. Where will a noisy race-track oriented Apollo sell? It was a dumb move.
      Ernie Mccracken
      • 2 Years Ago
      I think the original apollo had around 400-450 HP, and cost upwards of 150,000. That made sense, but making some million dollar rocket ship was a terrible idea, and this is the proof.
      speddedler
      • 2 Years Ago
      Have they thought about trying seats? My bones ache looking at that cockpit.
        telm12345
        • 2 Years Ago
        @speddedler
        Great reviews on the car but I think you hit it on the nose. People in this price range expect a little bit more coddling than this. Looks almost painful to sit in.
        wckdewok
        • 2 Years Ago
        @speddedler
        The main focus of Gumpert is a bare race car for the street. Breaking into the Chinese market with a car that has minimal luxury (supposedly the Chinese customers prefer luxury rear seating and gadgets, hence the introduction of more long wheel base models) would be pretty hard to compete with other brands that cover the bill, i.e. Bentley. However you can still acknowledge there are die hard track fans within that demographic; just not enough.
      • 2 Years Ago
      [blocked]
        Andre Neves
        • 2 Years Ago
        So you think potential buyers of such a car take shows like Top Gear seriously?
          • 2 Years Ago
          @Andre Neves
          [blocked]
      Keldon
      • 2 Years Ago
      With names like Gumpert, Artega and Melkus its no wonder they failed. They may as well have named their cars Suck, Turd and Suppository.
      • 2 Years Ago
      [blocked]
      johnnythemoney
      • 2 Years Ago
      No wonder, unfortunately. Even if the price is considerably lower than slower supercars, the cheap interior and form absurdly over function design probably killed them. At least they built something more unique than Ascari and other avarage company like Melkus itself. A less good looking and more expensive Exige with an almost forgotten history? Why? The Artega has the look, but lacks in everything else. Volkwagen V6, seriously? No matter how good it is, having buttons and switches from a VW is not a good idea for an expensive sportscar. Bottom line: all 3 cars had VAG sourced engines and cabin components. Another car who used a VAG/Audi engine was the KTM X-Bow, another rather coldly welcomed car after the initial hype. Not saying those engines and components are rubbish, because they aren't, but it looks like people willing to pay well over 100k (Artega), 200k (Melkus) or 400k $ (Gumpert) for a niche sportscar don't like the idea. It worked for Lambo, but that's a completely different story and admittedly much better played (no wonder, it was VAG itself behind it). A less aerodynamic but better looking bodywork and nicer interior might save the day.
      Drakkon
      • 2 Years Ago
      I will never miss the Artego. The Melkus was gorgeous but an overpriced Lotus. The Apollo is different. I guess the closest thing to it would be the defunct Ascari. The car is a racecar with fancy interior. Well, at least an upholstered interior, maybe not fancy. The thing that makes the Bugatti exceptional it is a really nice car inside & out while being civilized. You don't have to be a semi-pro driver to get performance out of a Veyron. The Apollo is very UNcivilized which will have a very small sliver of rich people who are also nearly-pro drivers. This just isn't that surprising.
      jtmatt
      • 2 Years Ago
      ...This was my dream car :(
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