Peraves AG (Monotracer etc.) goes bust
I read, in a badly computer-translated, German news item found on Google, that Peraves AG, manufacturer of the 'Ecomobile' and later 'Monotracer' luxury FFs, have gone into liquidation. The story suggests that funds "evaporated" in the development of an innovative engine, unconnected with FF production and that legal action is brewing. An attempt is being made to re-start the company which does not hold much external debt. Sounds like an internal falling out between Peraves principles, into which I would not wish to intrude.
We must all hope however that the worlds only production FF outfit manages to continue - and indeed move forwards in dewveloping their design towards a more user-friendly and affordable product. Otherwise FFs, the worlds most fuel efficient vehicles, are in danger of becoming a forgotten dream of the late 20th. century, with only this Swiss company showing the balls, imagination, and money needed to make them.