Yesterday there was a development that upset the automotive world. Iconic auto parts suppliers based in Germany Recaro And BBS bankruptcy filed. Both brands were influenced by companies offering cheaper, similar designs.

Recaro has suffered from extreme price increases and the loss of an important contract in recent years. due to financial problems applied. The company operates many automotive giants, from Ford to Porsche and BMW. seat offer He did 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 is why it is remarkable that such a leading brand has filed for bankruptcy.

Recaro’s divisions, such as aircraft and office chairs, will not be affected

The bankruptcy filing came to light through the famous bank supplier’s request to the court. Working within Recaro Automotive GmbH of the company The future of 215 employees It was also reported that it was not clear.

Recaro has 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. In addition, other departments such as aircraft, office, gaming chair It was stated that he would not suffer any consequences from these events.

Wheel giant BBS has filed for bankruptcy for the fifth time

Other car giants than Recaro with the supplied rims The well-known BBS has also filed for bankruptcy. This, of Formula 1 The giant company that supplies rims 5. file for bankruptcy It was listed as. The country has been struggling with crises since 2007. It was recently taken over by ISH Management Services.

According to the information received, the company has Salary payment to employees in May and June could not. The company, which is in financial trouble, stated that they will not abandon those who walk with them on this path and that they will not give up on the BBS brand, and that they have a plan and are determined to put it into practice.

BBS has been supplying wheels to many cars since the 80s. We have seen many iconic wheels on cars, including the RS 3-piece wheel. Time will tell what the future of the company will look like.