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The saga of Wiesmann dates back to the late 1980s when a pair of German brothers set out to make retro sports cars. The first model was built in 1993 and a steady stream of new coupes and convertibles powered by a variety of BMW engines trickled out of the factory ever since until the company ran into trouble a little over a year ago. Since then Wiesmann has meandered in and out of bankruptcy, but now the founding siblings are reportedly on the verge of securing new funding to get their company

Founded in 1988 with its first production car completed in 1993, Wiesmann based its entire business around one design. Fortunately since that design was more retro than a Mini Cooper, it aged well, but that didn't mean it wasn't outdated when the company recently folded. The latest reports coming in from Europe, however, indicate that – before it went belly up – Wiesmann was working on a new model.

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