Type
Closure
Country
Germany
Region
Baden-W├╝rttemberg; Stuttgart; Ludwigsburg
Location of affected unit(s)
Ludwigsburg
Sector
Manufacturing
Manufacture For Transport Equipment
Manufacture Of Motor Vehicles, Trailers And Semi-Trailers
29.3 - Manufacture of parts and accessories for motor vehicles

266 jobs
Number of planned job losses
Job loss
Announcement Date
7 February 2023
Employment effect (start)
7 February 2023
Foreseen end date
31 December 2024

Description

The US automotive supplier BorgWarner Transmission Systems will close its production facility in Ludwigsburg (Baden-W├╝rttemberg) and lay off 266 employees. The decision was justified by the switch to e-mobility. The plant produces glow plugs for diesel engines, but also so-called high-voltage water heaters for e-cars. The share of diesel cars had declined more than expected and the auxiliary heaters were not strong enough in terms of sales. Therefore, production with 266 employees will be discontinued by the end of 2024. The trade union IG-Metall Ludwigsburg will try to negotiate a good severance pay for the affected employees.

In 2013, Borg Warner closed its branch in Ketsch (BorgWarner-2014-DE). BorgWarner is headquartered in Michigan, USA and has around 38,300 employees at 61 production sites worldwide with a turnover of $15.8 billion in 2022.


Sources

Citation

Eurofound (2023), BorgWarner Ludwigsburg, Closure in Germany, factsheet number 109270, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/109270.