Part 1/9:
Wave of Bankruptcies in Europe’s Automotive Industry
In a stark warning issued by Automobile W, Europe's premier automotive industry publication, the continent is bracing for a significant surge in bankruptcies within its automotive sector. Reports suggest that the forecasted rate of insolvencies could reach alarming new heights, with numbers climbing to 50% more bankruptcies in Germany alone in 2025 compared to the previous year. This follows a tumultuous 2024, which already marked the worst year on record for the industry amid growing economic challenges.