Overview
- Company management confirmed that Autohaus Gotthard König GmbH and Autohaus König GmbH have submitted insolvency applications to the local district court and are awaiting the court's decision.
- Confidential figures reported to the press say the group had more than €212 million in due liabilities and about €1.3 million in liquid funds at the time of filing, a balance-sheet gap described as severe.
- Management told staff in a written 'Hausmitteilung' that sales, workshops, parts supply and service will continue and that employment contracts are initially unaffected.
- The insolvency contrasts with previously reported strong trading—more than 11,600 vehicles sold in Q1 2025 and a record €6.8 million workshop month in March 2025—suggesting rapid cash or liability problems despite high recent sales.
- Executives say they are in constructive talks with Renault and Stellantis on a restructuring or continuity plan, and employees may receive insolvency-related wage protections while the court process and rescue prospects play out; the case could sharpen complaints by independent dealers about manufacturer demands.