Report: Karmann survives on electric car lifeline from VW

10.0: <a href="http://www.germancarmagazine.com/news/mkb-releases-750hp-upgrade-for-mercedes%e2%80%99-cl65-amg/">MKB releases 750hp upgrade for Mercedes’ CL65 AMG (1 vote)
10.0: <a href="http://www.germancarmagazine.com/news/bmw-releases-full-details-for-new-x1-suv/">BMW releases full details for new X1 SUV (1 vote)
10.0: <a href="http://www.germancarmagazine.com/spy-shots/preview-2012-bmw-z2-roadster/">Preview: 2012 BMW Z2 Roadster (1 vote)
9.0: <a href="http://www.germancarmagazine.com/news/report-porsche%e2%80%99s-controlling-families-back-selling-25-stake-to-qatar-based-investors/">Report: Porsche’s controlling families back selling 25% stake to Qatar-based investors (1 vote)
7.0: <a href="http://www.germancarmagazine.com/spy-shots/bmw-7-series-m-sport-package-makes-early-debut/">BMW 7-series M-Sport package makes early debut (1 vote)
6.0: <a href="http://www.germancarmagazine.com/spy-shots/spy-shots-next-generation-porsche-cayman-test-mule/">Spy shots: Next-generation Porsche Cayman test-mule (1 vote)
1.0: <a href="http://www.germancarmagazine.com/spy-shots/pebble-beach-concours-debut-for-new-grand-bentley-arnage-replacement/">Pebble Beach Concours debut for new 'Grand Bentley' Arnage replacement (1 vote)

July 9, 2009 by German Car Magazine
Filed under News

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volkswagen electric plug main630 1 0709 350x200 Report: Karmann survives on electric car lifeline from VW

German independent vehicle manufacturer Karmann shut its doors for the last time late last month as the company heads into bankruptcy but the move may not be final according to latest reports. Karmann has reportedly inked a $14 million deal with Volkswagen to help with the development and supply of the automaker’s future electric vehicles.

The information was first reported by Germany’s Neue Osnabruecker Zeitung, which claims that Karmann will use the funds to form a restructured company with 1,600 employees.

Volkswagen Golf Mark VI TwinDrive

volkswagen mark vi golf twindrive 001 1 1126 120x80 Report: Karmann survives on electric car lifeline from VW