BBS Wheels Declared Bankruptcy for the 5th Time!

[sabastiangipson]

Some people gotta realize just because the company files for bankruptcy doesn't mean that they're gonna shut down.Some companies just do it so they can and get a lower rate on taxes but if they are closing that sucks

[rowdysnook]

Maybe Porsche needs to feature bbs wheels on their premium models.

[alocasio]

I bet the CEO has been getting salary increases every year, though.

[Martin-xhhd]

• Recaro Automotive, a well-known seat manufacturer supplying to major car companies, has filed for bankruptcy in Germany.

• The company cited extreme price increases and the loss of a major contract as reasons for its financial difficulties.

• BBS, a renowned wheel manufacturer, has also filed for insolvency proceedings, marking its fifth financial crisis since 2000.

• Both companies have a rich history in the automotive industry, with Recaro supplying seats for high-performance vehicles and BBS producing iconic wheel designs.

• The future of these companies remains uncertain, but hopes are high for positive resolutions that allow them to continue contributing to the automotive world.

[edd]

Well that's cuz of all you guys buying the reps😂

[snowrangr]

Recaro, BBS, Fanatec. WTH is going on

[KSwapTheWorld]

"I Think I Love You Shady, Yeah I Think I Love You Too"
Good thing getting this out there.

[TheRealMrRoyal]

Time to license designs to ASA again lol

[benitoloco]

A lot of it is down to low sales, distribution costs, and issues with advertising among others. 5 bankruptcies in nearly 20 years, sell the company.

[AndorRadnai]

Well, Germany is hell for businesses at this point…
Most German manufacturers are outsourcing their entire production now, which is completely unheard of, due to incredibly high taxes and government policies that make it impossible to keep production domestic and make a profit.

[Gerisk]

You know the companies product is good when they shut down 5 times.

[MRMAN]

Don't worry Enkei makes version of BBS wheel designs, not to mention they are cheaper and lighter 😂

[donald]

Man I just spoke with a sales manager at bbs Georgia yesterday about a set of LM’s. I may have to see how this goes first

[therawtrack]

The problem with that company is those wheels are way too expensive. I understand they want to be exclusive, but you’re not going to give very much revenue if your wheels are not affordable.

[jdmandsuch]

Official instrumentals are aloud for use now?

[SpillinYak]

Are they getting sued and filing for bankruptcy to avoid paying out?

[mjspeedzone]

Bbs probably declaring because there wheels are so dam expensive with shipping/ taxes/ duties and import fees and euro manufacturing costs nobody is buying them. A 500 wheel costs 3000 per wheel just to get one in north america.

[Craiggg]

I’m all about bbs wheels but damn they’re pricey. Volk seems to be the perfect compromise.

[grantmurray]

You look like that guy from the Olympics that is on the gymnastics team that was the pommel horse specialist?

[abdoulazizdiallo]

Petiton#5milliard: Roleplay pilote d’f1