BBS GmbH, the German wheel-maker responsible for supplying wheels for some of the most legendary carmakers on earth, filed for bankruptcy on Monday, per a statement on its website.
The move was a "necessary step to prevent an imminent insolvency within the coming months due to the sudden omission of confirmed payments," according to the statement. BBS cites the "tough market environment" caused by the coronavirus pandemic—along with the accompanying temporary shutdown of the company's two plants—as the main factors for its current situation.
VEHICLES LIKE THE PORSCHE CARRERA GT, VIPER ACR AND FORD GT, HAVE RELIED ON BBS TO MEET THE VERY
SPECIFIC NEEDS OF THESE SUPERCARS.
https://www.roadandtrack.com/car-cultur ... uVY30Lpvmc
BBS Wheels Has Filed for Bankruptcy
Re: BBS Wheels Has Filed for Bankruptcy
Ouch. Hopefully they'll restructure and come back.
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Re: BBS Wheels Has Filed for Bankruptcy
Do they have public stock... If so it should read something to the likes of that the stock holders were not happy with profits and bled the company dry.
Re: BBS Wheels Has Filed for Bankruptcy
I like their wheels but they were always super expensive. I also don't think many change out stock wheels much anymore.