The saga continues for Superior Industries’ plant in Germany

Hope springs eternal, and this has been the case at the Superior wheel plant in Werdohl, Germany in the months since the company entered insolvency. At the beginning of July, a buyer emerged for the plant, BBS Autotechnik GmbH. But then last Friday, the buyer itself declared bankruptcy. But this may not matter, because the purchase agreement hasn’t yet been processed and the agreed purchase price hasn’t been paid. For employees at in Werdohl, the deal’s non-finalisation provides a glimmer of hope.