There's been a raft of bankruptcies declared among niche European automakers recently. In the past year, the Cosworth, Gumpert, Artega, Lola and the London Taxi Company have all gone the way of the dodo. But the one we were most gutted by was Wiesmann.

The German producer of retro sportscars and roadsters endeared itself to our hearts with its BMW-powered oddities since it started making them back in 1993. So we were disappointed when we heard that it had filed for bankruptcy protection this past August. But there's good news, as we've just received word that Wiesmann has applied to dismiss the insolvency proceedings.

The brief statement, as you can see below, didn't disclose how Wiesmann managed to pull itself up by the straps of its racing boots, but then it never stated how it fell behind in the first place, either. The Dülmen-based operation is set to meet with its creditors on December 16. Beyond that, all we know is that we're glad to see Wiesmann's fortunes change for the better. Call it a Thanksgiving miracle.
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Press Release
Dülmen / Germany

Application for dismission of the insolvency proceedings

The management board of the Wiesmann corporation has filed the application to dismiss the insolvency proceedings due to abolition of the insolvency reasons.

The creditors' meeting is postponed to December 16, 2013.

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