Insolvency of a Prosperous Auto Dealer with Grandiose Plans
In a significant turn of events, Josef Struber Automobil GmbH, a car repair shop, dealership, and Mercedes-Benz workshop based in Puch near Hallein and Salzburg, has filed for insolvency with the Regional Court of Salzburg.
The company, which was founded in December 2022, has been grappling with financial difficulties since its inception. The start of operations was delayed at the last moment, and the business faced a slower start-up curve in relation to the startup costs and expenses compared to the revenues achieved.
The insolvency proceedings were officially opened on July 2, 2025, by the court in Salzburg, Austria. The primary causes of the insolvency were reportedly sharply increased energy and labor costs, combined with restricted marketing opportunities, which severely affected the company's financial stability and operational viability.
Currently, there is no publicly available information on restructuring negotiations or investor rescue efforts for Josef Struber Automobil GmbH. Creditreform and KSV1870 are involved in the insolvency proceedings.
The total liabilities of the software developer are calculated to be approximately three million euros, while the company's assets, as listed in the inventory, are valued at over one million euros. The insolvency affects 15 employees.
Josef Struber Automobil GmbH operates a car repair shop, bodywork, and paint shop, as well as a car dealership. The company presents itself externally as a Mercedes-Benz workshop and dealer.
The latest update on the insolvency proceedings will likely be announced through official company communications or insolvency court updates. If more detailed or updated information on restructuring efforts emerges, it is expected to be shared through these channels.
The financial difficulties faced by Josef Struber Automobil GmbH, attributed to increased energy costs and troubles in the industry, have led to the company's insolvency. Despite the insolvency, ongoing insolvency proceedings may involve restructuring negotiations or rescue efforts from potential investors. The company's assets are valued at more than one million euros, but its liabilities are approximately three million euros, potentially impacting the business sector and transportation, including the automotive industry.
