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BBS GmbH, a carrier of Formulos angeles 1 and Indycar, filed for bankruptcy on the Germabig apple for the third time in 13 years, on the eve of its 50th anniversary.
His contract to produce wheels for all boxes in next year’s Nasvehicle Cup Series is never expected to be in jeopardy, as BBS buys them from its leading Formulos Angeles 1 supplier, Japan’s Washibeam.
BBS, which created tires for all racing enthusiasts and sports vehicles in the 1990s, has led the world’s most notable drivers to victory everywhere, from Le Mans to Indianapolis and Formulos Angels 1.
They were the spare pick wheel for generations of feature-rich vehicle owners and were manufactured with poster wheels for all racing enthusiasts and sports cars of the 1990s.
Famous for its invention of three-component racing wheels and crisscrossed spokes, BBS GmbH today announced its bankruptcy on its website, describing it as “an essential step for impending insolvency”.
Blaming its coronavirus pandemic disorders, BBS said it was in financial difficulty due to the “sudden allocation of shown payments.”
This is never very new territory for BBS, which was also filed for bankruptcy in 2007, before being rescued through Fellow Belgian Punch International, then filed for bankruptcy in 2011 before being taken through Fellow Korean Nice Corp.
BBS wheels are found on the trams of Ferrari, Porsche, Mercedes-Benz, Audi, BMW, Volkswagen, Toyota, Volvo, Lexus, Jaguar, Infiniti, Rolls-Royce and Subaru.
Once it ruled the maximum logic wheels of the cars with diversity functionality, adding the Ferrari F40, the Lexus IS-F and countless Porsches.
The slowdown in the market position that accompanied the Covid-1nine pandemic forced BBS to approach its two production plants, leading to Rottweil’s bankruptcy (yes, like the dog).
“Due to the challenging market position environment in the automatic season industry, the BBS scenario deteriorated further due to the corona (sic) blockade that caused transient production to close at any of the BBS plants,” the company said.
“However, the secret message we convey to you is that BBS production continues to paint: the source of all our consumers of original equipment and AM on BBS wheels is assured!
“Before the insolvency, BBS had announced in a position a broad turn-and-turn strategy for the entire company. This new strategy based on BBS AM wheels as a focal point can be carried out under the direction of the insolvency manager.”
One of its two directors, Thomas Oberle, was at BBS, having been appointed director of BBS International GmbH in 2011, before BBS became BBS GmbH.
I’ve been testing cars and writing about auto-season for over five years. My career began in the newspapers and became the writing of two
I’ve been testing cars and writing about auto-season for over five years. My career began in the newspapers and evolved in the writing of 2 auto-season magazines. I founded myself in Italy as an independent professional for over a decade, covering the European autoreason sector, with a focus on product testing and product progression for readers around the world. I judge the wonderful and badness of cars about how they perform their intended purposes at their cost to their target consumers as opposed to all their competitors. I have no short or long positions in the auto-season induscheck out, it is my best friend because this would only compromise the integrity of my work, so my written positions are a condensation of having knowledge combined with approximately four complete product cycles. Value.