Carver Europe, producer of the tricycle car with the same name, has gone bankrupt, reports Algemeen Dagblad (Dutch). The Carver is a cross between a regular car and a motor cycle, of which the cockpit and front wheel can roll (or list if you are nautically inclined)—something the Reliant Robin never quite got the hang of.

CEO Willem Verheul told the paper that there wasn’t enough of a market for the 50,000 euro vehicle: “We were hoping to sell 300 per year, instead we only managed 200.” The ‘s Gravendeel, Zuid Holland based company will lay off nine employees.

One company that is going to be distraught at the news are flying car / vaporware makers Pal-V, who based the design of their eponymous vehicle on the Carver One. When earlier this year Pal-V promised a demonstration of its technology, it disappointed the collected international press by showing a gyroscope and a Carver, but not the hybrid that everybody has been waiting for these past years.

Top Gear’s Jeremy Clarkson once famously said about the Carver: “Absolute, hands-on-heart, I have never had so much fun in a car,” and his side-kick whose name I forget called it “the gadget to end all gadgets.”

(Photo by Wikimedia user Detectandpreserve, some rights reserved.)