German boutique supercar manufacturer Isdera AG has officially filed for bankruptcy in the Saarbrücken court, according to Bild.
The company, founded in 1982 by former Porsche engineer Eberhard Schulz, has seen little activity in recent years, and its current state has now reached a critical point.
Isdera gained fame for its unconventional approach to design and engineering. Among its most iconic models were the Imperator 108i and Commendatore 112i, known for their futuristic styling and built on proprietary platforms powered by Mercedes-Benz engines. Another standout creation was the retro-styled Autobahnkurier 116i — a highly unusual supercar equipped with two V8 engines, one driving the front axle and the other powering the rear.
Over the years, the company made several attempts to attract external investors. In 2016, Schulz handed over control of Isdera to Chinese firm Sinfonia Automotive. Since then, the brand has repositioned itself as an engineering studio, offering design and technology solutions for third-party clients. The company’s R&D center was relocated to Shanghai, but tangible results have been limited. The only notable project under new ownership was the electric concept car Commendatore GT, which never made it to production.
Today, original Isdera supercars from the Schulz era are exceedingly rare and considered highly collectible — with auction prices sometimes reaching or even exceeding one million dollars.
