Oh Gumpert, say it ain't so! After breaking into the supercar market eight years ago with the ugly uniquely styled and blazing quick Apollo, the German boutique automaker is finally calling it quits, World Car Fans reports.
After Merrill Lynch hinted bankruptcy concerns yesterday, and other Wall Street analysts spread additional gloom, shares of General Motors dropped $1.77 to close at $9.98 -- GM's lowest close in more than 50 years. While GM stock on Tuesday showed a bit of promise on the news that sales only dropped 18.2 percent in June (yes, it was supposed to be worse), nothing could slow the fall on Wednesday. Unfortunately for GM, the light at the end of the tunnel seems a far way off. Sales are plummeting,