Overview
- Krämer Automotive Systems filed for insolvency on July 17 at the Amtsgericht Tübingen after failing to secure a critical large order.
- Dirk Poff, appointed as provisional insolvency administrator, is reviewing the company’s assets and operations to determine whether it can be restructured or must be wound down.
- The Reutlingen-based firm employs 18 people and specializes in infotainment and digital cockpit modules for luxury automakers.
- Its dependence on irregular, high-value contracts left the small supplier vulnerable when a key order was lost.
- Krämer’s plight follows a summer wave of insolvencies among German auto suppliers and dealerships, highlighting wider financial strain in the sector.