Quirky Sports Car Manufacturer Wiesmann Has Been Saved By Brits

According to reports on Autovisie, sports car manufacturer Wiesmann is set to return after the rights to the brand were bought by British investors.

The German company, which is well known for creating low volume quirky sports cars, had been in financial trouble since 2009, and eventually went out of business last year. In the meantime, co-founder Friedhelm Wiesmann reported that there had been multiple meetings with potential investors. Now, with two British-based investors buying the rights to the Wiesmann name, we could see a return to production as early as next year.

The challenge Wiesmann faces is to create cars that provide value for money - it takes 350 hours to build just one car, with a lot of man hours going into each build, so naturally the cost of the car has traditionally been rather high in comparison to established rivals. It was working on a ‘cheaper’ car when it went bust, which would’ve been sold for somewhere in the region of €100,000 (£70k, $106k), so expect that car to see the light of day sooner rather than later.

Story originally spotted by Nought-to-sixty