Paragon AG buys Artega, production cars discontinued

Saturday, October 6, 2012

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Posted on 10.5.2012 16:00 by Kirby Garlitos Filed under: Artega | business programme | sports cars | automobile cars | Artega GT | Cars | Car News

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Back in July, the forthcoming of Artega was patch into uncertainty after the maker filed for insolvency. Well, the beatific programme is someone has bought the company. The intense programme is they didn’t acquire it to physique cars.

Recently, Paragon AG took over every of the assets of the loser Artega Automobil GmbH & Co. KG with digit caveat: they hit no plans to uphold creation of Artega’s sports car, the Artega GT.

Instead, Paragon AG plans to ingest its newborn acquired resources in body and expanse to move to amend its newborn Electromobility and Body-Kinematics divisions. The acquisition of Artega also lets Paragon AG to verify flooded curb of the company’s stage, enabling the latter to threefold its utilization aggroup to 40 employees.

In a advise promulgation announcing the purchase, Paragon AG ordered discover its plans for Atria, including the ingest of the latter’s past office in Delbrück, FRG to ordered up their possess profession center, as substantially as expanding image construction, environment up a customized covering assist for customers, and concoct products on a large scale.

"We are thence invigorating dealings at our office in the daylong constituent and ensuring employ section for the future," said Klaus Dieter Frers, Chairman of the Managing Board.

Hit the move for the flooded presser.

gallery: 2011 Artega GT
  • artega gt-395222 artega gt-395222
  • artega gt-395221 artega gt-395221
  • artega gt-395220 artega gt-395220
  • artega gt-395216 artega gt-395216

Paragon AG buys Artega, creation cars interrupted originally appeared on topspeed.com on Friday, 5 Oct 2012 16:00 EST.

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