After having reorganized the management, it has now happened – as many expected -: Kögel Fahrzeugwerke GmbH filed for insolvency. Already in 2004 the family company at that time was in distress and was taken over by a Munich financial investor. In the last summer measures were initiated because of the enormous drop in demand. However, with over 90% collapse the success of such measures is to be questioned. In addition, the shareholders strive to help the company, but only in the context of the insolvency plan procedure. 1150 employees are affected, of which 830 are at home in Germany. Jean Chereau SAS is not affected by the insolvency. This is the French sister company.