German automotive supplier Allgaier files for insolvency
German automotive supplier Allgaier, whose customers include Porsche, has filed for insolvency, a court said on Wednesday, a year after being sold to a Chinese investor. The Goeppingen district court said it had appointed Pluta law firm's Fritz Zanker as provisional insolvency administrator. Allgaier, which has about 1,700 employees, …
