US EditionOne year after selling to the Chinese: The automotive supplier Allgaier is bankrupt
5 Articles
5 Articles
The automotive supplier Allgaier belonged to the family of former employer boss Hundt before it was sold to the Chinese Westron Group. The company must now file for bankruptcy — possibly with consequences for customer Porsche.
Noch im Herbst gab sich Allgaier zuversichtlich. Die Übernahme durch einen chinesischen Investor habe die finanzielle Stabilität wiederhergestellt, hieß es damals. Nun ist der Autozulieferer insolvent.
Just under a year ago, the Westron Group bought the company from the family of former employer president Dieter Hundt. Allgaier has now filed for insolvency.
Uhingen - Allgaier was still confident in autumn. The takeover by a Chinese investor had restored financial stability, it was said at the time. The automotive supplier is now bankrupt.
Page 1: Just under a year ago, the Westron Group bought the company from the family of former employer president Dieter Hundt. Allgaier has now filed for insolvency.
Coverage Details
Bias Distribution
- 34% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
