I expect the Chinese Hofner (Contemporary and Ignition) violin basses outsell the German built ones many, many times over, which couldn't have helped.
As an example, out of curiosity I bought a couple of the cheapest Hofner Ignition violins to decide a) whether I liked violins at all, and b) which pickup positions I preferred. I chose the Ignition basses because their construction is a little closer to the hollow body originals, not having the full maple centre block of the Contemporaries.
I then very briefly owned a genuine German violin bass, but to be honest, the Ignitions got pretty darn close sound, feel and weight-wise so the German went back and I still have the Ignition. It may get gigged when I need a featherweight shortscale in my old(er) age.
It's a shame when anything "iconic" disappears, but such is commerce.