German motorhome manufacturer is insolvent despite strong order book
HRZ Reisemobile, a German motorhome manufacturer, has filed for insolvency due to significant production delays. Customers reportedly waited up to four years for their vehicles, leading to cancelled orders and financial strain. The company, which employs around 30 people and specializes in custom Mercedes Sprinter conversions, is now seeking an investor while a provisional insolvency administrator assesses existing orders.