Pursuits
Wiesmann Files for Insolvency as Luxury car Demand Wanes
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Wiesmann GmbH, a German maker of retro-style luxury sports cars, has filed for insolvency at a local court and said it’s seeking strategic partners and investors.
Rolf Haferkamp remains chief executive officer and plans to restructure the company, Wiesmann said in a statement yesterday. Operations will continue at the headquarters and plant in Duelmen. Engines are supplied by Bayerische Motoren Werke AG, the world’s biggest maker of luxury vehicles.