Insolvency shock for Thuringian car dealership relay: what now?

Insolvency shock for Thuringian car dealership relay: what now?

shock for Thuringia! A popular car dealership, the Autohaus Staffel Group, has filed for bankruptcy, making the region excited. This company is a real institution in southern Thuringia, known for its yellow color accents in Hildburghausen, Schleusingen, Suhl and Sonneberg. The news about the financial imbalance came as a surprise for many, but the employees cannot be stopped. According to reports from the "free word", orders continue to run, and the sellers are actively busy informing customers about the status of their orders.

insolvency proceedings and renovation

The bankruptcy proceedings are already underway, and a renovation concept is being worked on to preserve the Autohaus Staffel Group from the final end. Managing Director Manfred Staffel remains optimistic that his company will remain on the market. Nevertheless, he cannot ignore the global problems that also put a strain on his company. "If regional companies get into trouble, for example, they cannot lose their fleet orders. We will then stay on it. A vicious circle. The companies are moving with each other," explains Staffel.

The Situation is tense, but not hopeless. Manfred Staffel hopes that his car dealerships will remain sustainable and his life's work does not fail. The 165 employees are secured by the bankruptcy money by December, but the uncertainty remains. The question of how to proceed, hovers over the company and the region. Will the Autohaus Staffel survive or is this the end of an era in Thuringia?