Volkswagen aims to take over Germany’s Karmann
tryme submitted on 10/27/2009 Official Bell & Ross Timestamp: 5:00:35 PM
1 user comments | Category: Misc News | Source: | SOURCE: www.4wheelsnews.com
The suspense continues to grow as Volkswagen AG has yet to confirm whether it will reach an agreement with Karmann, the coachbuilder and convertible roof-top specialist.
According to insiders, Karmann will shut down in early November if it receives no fresh funds.
Karmann, which is known for building the VW Beetle-based coupe dubbed the Karmann Ghia, is owned by three families — Battenfeld, Boll and Karmann.
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