---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-045613"
form_type: "8-K"
ticker: null
cik: "0000095552"
company_name: "SUPERIOR INDUSTRIES INTERNATIONAL INC"
filed_at: "2023-08-31T23:59:59+00:00"
generated_at: "2026-06-11T01:45:11.315327+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Superior's German subsidiary files insolvency; expects $81.7M non-cash charge

## Summary
- SPG filed voluntary preliminary insolvency proceedings in German court; deconsolidation effective Aug 31, 2023.
- Superior expects ~$81.7M non-cash charge in Q3 2023 for excess carrying value over fair value of SPG interest.
- SPG represents ~6% of Superior's footprint; U.S., Mexico, Poland operations not impacted.
- No default under Superior's debt agreements; company maintains strong liquidity.
- Pro forma net loss of $26.4M for FY2022 after deconsolidation; no discontinued ops presentation.

## SEC filing metadata
- accession: 0000950170-23-045613
- form_type: 8-K
- cik: 0000095552
- company_name: SUPERIOR INDUSTRIES INTERNATIONAL INC
- filed_at: 2023-08-31T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.01, 2.06, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/95552/000095017023045613/0000950170-23-045613-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/95552/000095017023045613/sup-20230831.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-045613
- JSON: https://secwatch.observer/filing/0000950170-23-045613.json
- Plain text: https://secwatch.observer/filing/0000950170-23-045613.txt

## Key facts
- Restructurings & Charges
  SUPERIOR INDUSTRIES INTERNATIONAL INC announced a impairment with charges of approximately $81.7 million affecting SPG (Superior Industry Production Germany GmbH).
  - Type: impairment
  - Charge: approximately $81.7 million
  - Affected area: SPG (Superior Industry Production Germany GmbH)
  source text: Superior expects to recognize a non-cash charge of approximately $81.7 million in the third quarter of 2023, representing the excess of the carrying value over the estimated preliminary fair value of its interest in, and receivable from, SPG as of the Filing Date
  evidence_url: https://www.sec.gov/Archives/edgar/data/95552/000095017023045613/0000950170-23-045613-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.