German automotive supplier AE closes sites, putting 650 out of work

NAMPA / DPA

2025-09-01

Erfurt, Germany (dpa) - German automotive sector supplier AE Group will close two production sites, putting some 650 employees out of work, the company announced on Monday. The business, based in the central town of Gerstungen, said it was going into administration in August last year, citing weak demand for its products. AE Group said it had been seeking an investor for the past year without success. One year ago, chief executive Christian Klei......

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