World famous tuner Gemballa closes its doors after owner/founder goes missing

We reported in early February that the founder of famous tuner Gemballa has gone missing in South Africa and now over three months later, Uwe Gemballa has yet to be found. His disappearance has now ultimately resulted in the worst, Gemballa, the tuning company is shutting down.

Gemballa is a world renowned tuner of supercars but went from earning €16.2m in 2007 to €8m in 2009. While this is understandable, given that the global economic recession has taken its toll on many industries, it appears that “dubious” transactions also put added strain on the company. By January 2010, fearing collapse was imminent, Uwe decided to seek out investors in Dubai and South Africa.

On February 8th, Uwe arrived in Johannesburg for a two-day business trip. On the evening of February 9th, Uwe called his son and told him he had an accident and desperately needed one million dollars. It was the last time he was heard from.

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  • F
  • May 20, 2010
wow.. this is really spooky. Could he got into trouble? Like being a hostage ?
  • B
  • May 21, 2010
people do go missing everyday its a scary thought...
  • M
  • May 21, 2010
Maybe a warload need him to build a super jet fighter out a Porsche? Sad case though..
  • L
  • May 21, 2010
Woa....something out of a movie script....
  • R
  • May 21, 2010
uwe gemballa sleeps with the fishes..
  • S
  • May 21, 2010
South Africa - not the safest country in the world.

This is the country that allows car owners to have in-built flame thrower as a security device.

If somebody tries to car jack your car from the driver side, u press a button and a flame thrower shoots out from the driver side.

Cool eh, saw it on TV.
  • T
  • May 21, 2010
True shah.

In South Africa, they have road signs saying 'Hi-Jacking Hot Spot'. Google it up.

How safe is the World Cup for the spectators then?
  • R
  • May 22, 2010
by then world cup finishes (Brazil champ),uwe gemballa is either fish food or becomes fertilizer.