As of: February 1, 2024, 1:03 p.m
By: Julian Baumann
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Mercedes-Benz takes over parts of the insolvent classic car specialist Kienle.
© Christoph Schmidt/dpa
Car company Mercedes-Benz is taking over parts of a traditional restoration company that slipped into bankruptcy following allegations of fraud.
Stuttgart - Kienle Automobiltechnik GmbH, once known as the world's largest independent restoration specialist for classic Mercedes-Benz models, is losing its independence.
Mercedes-Benz has announced that it will take over parts of the insolvent classic car specialist, which will significantly change the future of the company.
Kienle filed for bankruptcy last year following allegations of fraud.
At
BW24
you can read what the Mercedes takeover means for Kienle and especially for the employees of the restoration specialist.
The editor Julian Baumann wrote this article and then used an AI language model for optimization at his own discretion. All information has been carefully checked.