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
- Noah Joseph
- Sep 4, 2014
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 Fortunately since that design was more retro than a Mini Cooper, it aged well, but that didn't mean it wasn't outdated when the company recently folded.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.