2025-03-04 23:55:09

Challenges Facing German Auto Suppliers Amid Industry Shift

The German automotive supply industry is facing significant turmoil as multiple companies declare insolvency, largely attributed to the impending shift away from combustion engines. Recent cases, such as Sonnplast Solutions GmbH and Boryszew Kunststofftechnik, highlight the precarious situation for suppliers and their employees.

With 153 jobs at risk at Sonnplast and over 500 at Boryszew, these firms are struggling to secure investors while relying on insolvency benefits to support their workforce. Experts warn that ambitious EU plans for electric vehicles could lead to massive job losses in Eastern Germany if the transition falters.

While the potential for new jobs exists, the immediate threat of unemployment looms large. The automotive sector is at a critical juncture, grappling with the dual challenges of innovation and sustainability while safeguarding the livelihoods of thousands.

tz
4. März 2025 um 07:58

Next German auto supplier insolvent due to end of combustion engines: 153 people fear for their jobs

Economy
Finance
Environment
Sonnplast Solutions GmbH, an automotive supplier from Thuringia, is insolvent. 153 employees receive insolvency benefits while the search for an investor is underway.
zeit
4. März 2025 um 13:37

Insolvency Application: Insolvency Application for Automotive Supplier Boryszew

Economy
Finance
Insolvency application for Boryszew Kunststofftechnik Deutschland GmbH, a subsidiary of the Polish Boryszew Group; the Stendal District Court opened insolvency proceedings, with restructuring expert Silvio Höfer appointed as the provisional insolvency administrator; customers include the Volkswagen Group; the company has 500 employees; the Boryszew Group took over the insolvent automotive supplier Altmärker Kunststoff-Technik GmbH (AKT) in 2011; production of plastic injection molded parts for..
stern
4. März 2025 um 13:37

Insolvency Application: Insolvency Application for Auto Supplier Boryszew

Economy
Finance
Boryszew Kunststofftechnik in Saxony-Anhalt is insolvent; insolvency proceedings opened by the Stendal District Court; restructuring expert Silvio Höfer as provisional insolvency administrator; customers include the Volkswagen Group; The Boryszew Group had already taken over the insolvent automotive supplier in Gardelegen in 2011; The company produces injection-molded plastic parts; around 500 employees; Wages for 3 months secured by insolvency benefits; Question whether the story will repeat..
Berliner Zeitung
4. März 2025 um 16:50

New EU plans for electric cars: Auto expert warns of 'massive job losses' in East Germany

Economy
Politics
Environment
Electromobility in Germany is developing slowly. The automotive industry in the east could be endangered by the EU plans. The increase in production of electric cars in Europe could be delayed. There are also discussions about the charging infrastructure in Germany.
CW

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