Second bankruptcy for Diepersdorf Plastic: 1,000 jobs at risk!

Second bankruptcy for Diepersdorf Plastic: 1,000 jobs at risk!

The insolvency of the automotive supplier Diepersdorf Plastic Manufacturing, formerly known as Bolta-Werke, is causing a stir in the Nuremberg region. On November 5, 2025, insolvency proceedings were filed at the Nuremberg District Court, affecting over 1,000 employees, including around 800 at the main location in Diepersdorf. The trigger for this crisis situation is the bankruptcy of the US parent company First Brands, which took place at the beginning of October this year, after liabilities amounted to between 10 and 50 billion US dollars, while assets were only 1 to 10 billion. br.de reports that ...

The situation is serious: Attorney Volker Böhm from the Schultze & Braun law firm has been appointed as provisional insolvency administrator. His goal is to secure and stabilize operations. Fortunately, the employees' wages and salaries for the next two months are covered by the insolvency benefit. Böhm has already started discussions with customers and suppliers to continue production.

Insights into First Brands' crisis

The insolvency of Diepersdorf Plastic is part of a larger problem in the automotive supply industry, which is reaching worrying proportions, especially in Germany. There were already 207 major bankruptcies in the first half of 2025, 29 of them in the automotive supply industry. The industry is under immense pressure, compounded by ever-increasing costs, declining vehicle sales and global market pressures. aftermarket-trends.de shows that...

First Brands itself initiated insolvency proceedings in the USA at the end of September, which has a negative impact on the German subsidiary. The company's buyers, the Czech Winning Group, were unable to provide the necessary financial resources, further complicating the situation. The bankruptcy of First Brands is not only a signal of the challenges in the automotive industry, but also of the economic conditions in international trade. aftermarket-update.de reports that ...

Smaller suppliers in particular are currently having a difficult time. More and more companies are having difficulty staying on the market due to uncertainty and bad debts. The pressure on automotive suppliers is constantly growing, and many of them do not have the financial reserves to adapt to changing markets or invest in new technologies. How long the employees of Diepersdorf Plastic will have to fear for their jobs remains to be seen, but the signs point to a storm.

Outlook for the future

The situation requires quick and decisive measures to secure the positions at the Diepersdorf location in the long term. However, industry experts warn that a return to stable conditions is extremely difficult to assess given declining car sales in Europe and rising raw material and energy costs. Many companies are faced with the choice of investing in new technologies such as e-mobility or giving up their core competencies. The latter path could be forced by pressure from the industry, with the uncertainties in the global markets representing an additional burden.

The events surrounding the insolvency of Diepersdorf Plastic and First Brands are a clear indication of the challenges facing the entire industry. The next few months will be crucial to see whether there will be a positive turnaround for the affected employees and companies or whether the crisis will continue.