Hamburg VW multi-brand dealer: Willy Tiedtke goes bankrupt

The oldest contractor for Volkswagen, Skoda and Audi in the metropolis Elbe is looking for insolvency proceedings for its own capital. The further financing of the company was no longer secured, the manager informed. Perspective is the sale intended for an investor in the vehicle industry.


Sports car fan at the Audi terminal of Willy Tiedtke: cars such as the R8 in the showroom at the Hamburg-Wandsbeker "Automeile" attract connoisseurs of the VW luxury label Lamborghini. (Photo: kro)

Fist-thick surprise in the North German sales network of Wolfsburg VW Group: The traditional trade and service partner Willy Tiedtke, headquartered in the Hanseatic City of Hamburg, has requested insolvency proceedings for his assets in self-government. As a result, the competent district court of Hamburg-Mitte has ordered provisional self-administration. Until the meantime …