Hard times hit the company in 1995 and as a result of chairman Artioli's over-ambitious purchase of Lotus Cars in addition to the company's quest to develop the EB112 four door saloon along with the negative exploitation of the company's suppliers, the company was bankrupt. Dauer Racing GmbH of Nuremberg, Germany, bought the semi-finished EB 110 cars in the assembly plant plus the parts inventory through the bankruptcy trustee. The remaining chassis were later developed by B Engineering into their Edonis sports car which uses the monocoque chassis of the EB 110 combined with a modified version of its engine.