Although German independent vehicle manufacturer Karmann closed its doors late last month as the company heads towards bankruptcy, latest reports say the move may not be final. Karmann has reportedly signed a $14 million deal with Volkswagen to assist with the development and supply of the VW’s future electric vehicles.
This info was first reported by Germany’s Neue Osnabruecker Zeitung, which claims that Karmann will use the funds to organize a restructured company with 1,600 employees. Neither Karmann nor VW has yet to confirm the reports, but there is a strong chance the two companies could join forces
Tags: Electric, German, independent, Karmann, vehicle manufacturer, volkswagen, VW