Gumpert GmbH has been bought by Ideal TeamVenture, that has its headquarters in Hong Kong. The new owner of Gumpert will restructure the company, firstly, they will rename it to Apollo Automobili GmbH and they will present the brand new Apollo, which is codenamed “Arrow” at the Geneva Auto Show in March.
According to the new site of the company the new car will be presented online on January 11. Ideal TeamVenture is the same company, that last June bought De Tomaso for about €1 million.