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German tuner Gemballa relaunches under new CEO

CEO Andreas Schwarz in Prestige Magazine

CEO Andreas Schwarz in Prestige Magazine

Recent reports revealed that Gemballa has scheduled a Monday press conference where they will announce plans to relaunch the company.

At this point in time the details are limited, but the German tuner will be headed by new CEO Andreas Schwarz who has acquired the rights to the Gemballa name. Financing will be provided by Steffen Korbach and possibly several dealers.

In Prestige Cars magazine, Schwarz has stated that “The design guidelines should continue on the basis of previous works and we are already working on concepts for the Porsche Panamera, the new Cayenne and the Ferrari Enzo. The know-how in terms of finance provided by Korbach as (the) investor should also enable the company to access the capital market more easily in the future.” He also revealed that the first new products will be introduced at Top Marques Abu Dhabi in January 2011.

[ Source: gtspirit.com via wcf ]

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