Insolvency Administrator: No Current Interested Parties for Starcar - Starcar’s insolvency leaves 615 jobs at risk as no buyer emerges
Starcar GmbH, one of Germany’s largest mobility service providers, has filed for insolvency. The company currently employs 615 full-time staff across multiple locations nationwide, but its future now hangs in the balance as no buyer has emerged to acquire the company in full. Insolvency administrator Christoph Morgen has confirmed that no potential buyer has come forward to acquire Starcar entirely. Despite efforts to secure a rescue deal, all sources indicate a lack of interest in a complete acquisition. Without a buyer, Starcar will proceed with cutting operations from early next year. The planned reductions aim to manage the insolvency process while minimizing disruption. The outcome will directly affect hundreds of employees and the wider mobility services sector in Germany.