23 January 2025

In Lodenscheid, a town in the heart of Germany's industrial Ruhr region, the mood turned somber after auto parts maker Gerhardi filed for bankruptcy in November and threatened to lay off its 1,500 employees. Germany's leading automobile industry has been hit hard.

In Lodenscheid, a town in the heart of Germany's industrial Ruhr region, the mood turned somber after auto parts maker Gerhardi filed for bankruptcy in November and threatened to lay off its 1,500 employees. Germany's leading automobile industry has been hit hard.

INA FASSBENDER / AFP via Getty Images

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