Melkus files for bankruptcy in Germany

So much promise, yet not enough to back it all up. Such is the case with German automaker Melkus who has now filed for bankruptcy in a Dresden district court.

German press sources have told GTSpirit that sales of the Melkus R2000 have fallen short of the company’s 25-models-a-year target, thus forcing the company to file for bankruptcy in a last ditch effort to keep the company afloat, albeit barely.

Since the company was relaunched in 2006, Melkus has produced a total of one model - the RS2000. Not exactly the kind of business Melkus had hoped for after six years of being in the business. Certainly, the car’s combination of performance and price - the RS2000 has an output of 325 horsepower and is priced at close to $200,000 - is pretty insane, especially considering the multitude of more powerful choices you can have for that kind of money, but apparently it was not enough to warrant any sales.

Melkus’ struggles appear to have come as a result of overestimating the market with a car that doesn’t pack the kind of punch warranted by its price. Now, it appears they’re paying a pretty steep price for it.

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Car and Athlete: Andrew Bynum may no longer be a Laker, but he’s still a bonafide car nut

Philadelphia 76ers center Andrew Bynum - yeah, he’s not a Los Angeles Laker anymore - is a pretty tall dude at 7’0", but even with all that length, not to mention the bulk of being close to 300 lbs, the 24-year old certainly has a pretty strong affinity for top-of-the-line supercars.

As we previously showed in the last installment of Car and Athlete, athletes with this kind of financial security have become more adept at splurging their dollars on something as insatiably satisfying as a limited edition model. Andrew Bynum fits into this mold because the man is more than just a highly-paid basketball player; he’s got the garage to back it up too.

So have you ever wondered what kind of cars Bynum has in his garage? True to his reputation as one of the most popular auto enthusiasts in the world, Bynum’s list of cars run long and impressive.

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