Gumpert recovers from insolvency, receives new Apollo orders

Insolvency administrator is convinced that Gumpert will continue "permanently and sustainably".

German automaker Gumper is slowly recovering after filing for a provisional insolvency in August.

The company was able to restart production during insolvency administration and has received several orders for the Apollo. The insolvency proceedings started on October 16 with insolvency administrator Görge Scheid in charge.

The firm’s managing director Roland Gumpert said that they plan on selling four to five cars in the next quarter. Gumper’s worldwide dealer network is now back in business and they expect orders from Middle East, Turkey, Japan and China.

Scheid said that he is optimistic about finding an investor and saving all 25 jobs in Altenburg.

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Article type Specialty Marques
Tags gumpert, gumpert apollo, gumpert insolvency