Falling demand drove the Karmann company, along with other financially connected businesses, to file for protective insolvency on 8 April 2009. Insolvency practitioner Ottmar Hermann followed some of the approach seen with the earlier insolvency of Woolworths' German business, and the Karmann business is emerging with little independence, but supported by significant cash investment from long-standing customer Volkswagen. Resumption of car production with a new version of the Volkswagen Golf cabriolet is scheduled for March 2011.
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| http://dbkwik.webdatacommons.org | 48 |