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RE: LeoThread 2025-01-28 12:24

in LeoFinance11 months ago

Part 2/9:

One of the most notable casualties of the current automotive crisis is Vil, a prominent automotive supplier, which has recently declared bankruptcy. Another significant player, Voit, known for supplying parts predominantly in Germany and Sweden, has also entered insolvency. The situation has led to more than 1,600 employees losing their jobs after a failed acquisition attempt by a Chinese firm, which deemed the investment unfeasible.