Published: July 31st, 2024,
Last updated: September 3rd, 2024

Automotive supplier Webasto is shutting down its production in China. The German company has already closed two plants in China in 2024. According to reports in the German newspapers Handelsblatt and Boersen-Zeitung, Webasto is planning to downsize another site due to declining turnovers following a weak automotive market. This will reduce the number of production sites in the People’s Republic to seven. A total of 500 jobs are reportedly affected. The company announced that it would continue to review its capacities.