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Monday, July 14 2025
Germany: Corporate Bankruptcies Increased by 2.4 Percent in June
In June, the number of companies filing for bankruptcy in Germany increased 2.4 percent year-on-year, according to data published by the Federal Statistical Office (Destatis), Nova.News reported. “The transportation sector…
Monday, July 14 2025
Volkswagen Is Closing a Plant in China While Another Major Automaker Files for Bankruptcy
The struggles continue for global automakers in China, Electrek reported. After halting production, Volkswagen announced it will close a plant in China. And that’s not all: Another OEM is filing for bankruptcy through its joint…
Monday, July 14 2025
Stellantis Declares Bankruptcy in China, with 1 Billion $ in Debts
It's the official end of an ambitious project launched nearly fifteen years ago: The court in Changsha, Hunan province, has declared the Gac-Fiat Chrysler joint venture bankrupt, putting a definitive end to the industrial…
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