Business

German automotive industry in crisis. Company bankruptcy with a 130-year history


The German automotive industry is struggling with difficulties. In mid-July 2025, Werkzeugbau Laichingen GmbH and its Mattka, WBL Holding GmbH, submitted applications to open bankruptcy proceedings. The company, founded in 1891 and currently employing about 100 employees, was not able to meet the growing financial problems – writes Moto.pl.

As the temporary trustee explains, the key factor were decreasing orders and difficulties in obtaining financing. The situation was further deteriorated by the investment abstinence of the largest car manufacturers, which translated into the lack of new orders.

Ashley Davis

I’m Ashley Davis as an editor, I’m committed to upholding the highest standards of integrity and accuracy in every piece we publish. My work is driven by curiosity, a passion for truth, and a belief that journalism plays a crucial role in shaping public discourse. I strive to tell stories that not only inform but also inspire action and conversation.

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