Recaro and BBS, two of the leading companies in the automotive industry, filed for bankruptcy. Recaro was supplying the seats we see in many brands. BBS, which filed for bankruptcy for the 5th time, was known for its rims.
Yesterday, there was a development that upset the automobile world. Iconic automotive parts suppliers based in Germany Recaro ve BBS filed for bankruptcy. Both brands were influenced by companies offering cheaper similar designs.
Recaro suffered from extreme price increases in recent years and the loss of an important contract. due to financial difficulties applied. The company operates many automobile giants, from Ford to Porsche and BMW. seat supply He was doing it and was one of the greatest in his field. Millions of people who have ever driven a car have sat in a Recaro seat at least once. That’s why it’s remarkable that such a prominent brand has filed for bankruptcy.
Recaro’s divisions such as aircraft and office chairs will not be affected
The bankruptcy application was revealed by the famous sofa supplier’s application to the court. Working within the company’s Recaro Automotive GmbH The future of 215 personnel It was also reported that it was not clear.
Recaro had been in the hands of private investors for four years. It was reported that the company will continue to produce car seats until the bankruptcy process continues. Moreover other departments such as aircraft, office, gaming chair It was stated that he would not be affected by these events.
Rim giant BBS filed for bankruptcy for the 5th time
Automotive giants other than Recaro with the rims supplied BBS also filed for bankruptcy. This, Formula 1’in The giant company that is a rim supplier 5. filing for bankruptcy It was recorded as. It has been experiencing crises since 2007. It was recently acquired by ISH Management Services.
According to the information received, the company Salary payment to employees in May and June couldn’t do it. The company, which is experiencing financial difficulties, stated that they will not abandon those who walk with them on this path and will not give up the BBS brand, and stated that they have a plan and are determined to put it into practice.
BBS has been supplying rims to many automobiles since the 1980s. We have seen many iconic rims used on cars, including the RS 3-piece rim. Time will tell what the future of the company will be like.
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