By 2010, Wiesmann planned to begin exporting vehicles to the US, however, factors including a poor exchange rates and the high costs of modifying and testing cars in order to make them road-legal in the US stymied these plans. On August 14, 2013 Wiesmann filed for insolvency at the local court in Münster. Four months later, Wiesmann's management board filed to dismiss the insolvency proceedings due to abolition of the insolvency reasons, while the creditors’ meeting was also postponed. Following unsuccessful talks with CMMW, a UK-based consortium that was interested in taking over Wiesmann and resuming production, the company was closed a month later in May 2014, but following a buyout by London based investor Roheen Berry, who also took over as the CEO, the company is relaunching in 2020, details of which will be available on the Wiesmann website.