German sports car maker Wiesmann has filed to dismiss insolvency proceedings from earlier in the year.
SEE ALSO: Wiesmann To Use BMW Twin Turbo V8
It isn’t clear how the company managed to turn things around, but the release – issued yesterday – says there is a meeting scheduled with its creditors for December 16. Wiesmann doesn’t export its vehicles to the U.S. market, but European buyers have access to the company’s special brand of BMW-powered road hugging sports cars like the GT MF5. It borrows a 4.4-liter twin-turbo V8 from Bayerische Motoren Werke.
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