AK&M – German Recession: German automotive components supplier WKW Automotive has declared bankruptcy, 3,800 employees

German car component supplier WKW Automotive has declared bankruptcy. This is reported in a WKW press release.

WKW supplies decorative slats and other spare parts for VW, Mercedes and BMW cars. The company operates production sites in Felbert and Wuppertal with a staff of 3,800 employees.

Read HERE

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