Wiesmann, one of the leading lights in small independent motor manufacturers has closed its doors due to mounting financial pressures. The company which, unable to pay its suppliers, first went into administration in August 2013. The management fought to rescue the company but have now conceded defeat and permanently closed.
The Wiesmann roadster and coupe models combined classic styling with modern technology and high performance thanks to a partnership with BMW’s M division. The German brand where known for avoiding the pitfall of poor build quality which small car manufacturers often suffer from. The company investment in an expanded production line was unfortunately timed with a slump in demand due to the global recession and they were unable to recover the financial hit.
Wiesmann’s powerful, lightweight roadster was built by hand in their north-west German workshops. With BMW V8 power it could produce over 400 horsepower while remaining very agile. Prices were high and combined with the individual styling and little known brand demand for the cars was limited.