Another One Bites The Dust: Karmann Gone Bust

Ragtop lovers, get out your rags and cry. German maker Karmann, famous for its Karmann Ghia and later for many ragtop versions produced for makers such as Audi, Ford, Mercedes, Porsche, Renault and VW, has declared insolvency, is reported. The company still has 3470 employees.

Karmann’s last big job was the Audi A4 Cabrio. After that was insourced back to Ingolstadt, Karmann could not find another large account to keep them busy.

Two Volkswagen Karmann Ghias