2 Articles
1 / 1
5Paragon AG buys bankrupt Artega but doesn't plan to resume production

Artega has been bought by automotive supplier German firm Paragon AG. The fledgling sports car builder filed for bankruptcy in July, and while its staff and facilities have been saved, the Artega GT has not. Paragon makes a range of components from sensors to windshield wipers, but is expanding its EV and kinematics parts development and will use Artega's infrastructure to assist. The slinky, Fisker-designed, Volkswagen-engined, 300-horsepower coupe is not part of those plans.

13Artega files for bankruptcy

At the Geneva Motor Show just a few months ago, we noted the fact that Artega, the small German car company selling a single Henrik Fisker-designed coupe, was still a going concern. It even brought an Artega GT with a panoramic roof to the show. According to a short notice posted on its website, however the company remains a going concern, but it's now an insolvent one: Artega has filed for bankruptcy.

1 / 1