Mercedes supplier files for bankruptcy; 97% of workers vote strike, ~300 jobs at risk

A Mercedes-Benz supplier has filed for bankruptcy amid spreading financial distress in Germany's automotive sector, with nearly 300 jobs at risk and 97% of workers voting for strike action. The development signals deepening supply-chain fragility in the German auto industry, though the specific supplier and scale of broader contagion remain unconfirmed. This adds to evidence of structural pressure on European manufacturing and could weigh on sentiment toward German industrial equities.

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