Close

Results 1 to 3 of 3
  1. #1
    Join Date
    Jan 2010
    Posts
    795
    Rep Points
    591.0
    Mentioned
    2 Post(s)
    Rep Power
    6


    Reputation: Yes | No

    Exclamation BBS files for bankruptcy

    Report: BBS files for bankruptcy... again

    by Jeff Glucker (RSS feed) on Jan 5th 2011 at 2:45PM
    BBS WheelGerman wheel manufacturer BBS has declared bankruptcy, and it's not the first time. Back in 2007, BBS was plagued with financial difficulties but Punch International stepped in to provide much-needed capital. The news of a second bankruptcy, which was filed on December 30, apparently came as a shock to the hundreds of employees and even corporate partner IG Metall. The latter was getting ready to put a few million bucks into BBS and rival company Ronal was ready to buy BBS' Herbolzheim factory. We can only hope that BBS makes a strong recovery and we're not forced to look at BBS Bear wheels. [Source: Faz via Fourtitude]

    Filed under: Aftermarket, Europe, Earnings/Financials
    http://www.autoblog.com/2011/01/05/r...tcy-yes-again/

  2. #2
    Join Date
    Nov 2009
    Location
    Houses
    Posts
    891
    Rep Points
    386.0
    Mentioned
    5 Post(s)
    Rep Power
    4


    Reputation: Yes | No
    Repost, Bro Montana.

  3. #3
    Join Date
    Jan 2010
    Location
    SoCal
    Posts
    117,125
    Rep Points
    31,300.6
    Mentioned
    2055 Post(s)
    Rep Power
    314


    Reputation: Yes | No

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may post replies
  • You may not post attachments
  • You may not edit your posts
  •