Farewell BBS?
Posted: Fri Feb 09, 2007 10:19 pm
i hope its not true
would be a real shame would have thought that there will be someone willing to save them
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Farewell BBS?
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Posted: Fri Feb 09, 2007 10:33 pm
Posted: Fri Feb 09, 2007 10:36 pm
From VWVortex:
The situation does sound pretty serious, but I doubt they'll shut down over this.
The article describes a liquidity problem, where rising material costs coincided with lower-than-expected revenues. The company has large OEM customers who are willing to make advance payments to restore solvency, but one of several creditor banks balked at approving the deal. It sounds like the bankruptcy filing was necessitated because of very particular legal requirements. I don't think it means the cessation of operations.
With the current economic situation in Germany, I doubt that the parties involved will allow that many manufacturing jobs to disappear just like that.
Posted: Sat Feb 10, 2007 10:06 am
yeh i saw this on eastsidevw, personally i dont think it will happen.....yeh will get saved. Woulkd be ab awful shame if they did actually disappear!
Posted: Sat Feb 10, 2007 10:30 am
I hope they don't close down.
I don't think such a big company like BBS would shut down, they can't just shut down all of a sudden without warning anyone
(pardon me if they did warn people
)
I don't think such a big company like BBS would shut down, they can't just shut down all of a sudden without warning anyone
(pardon me if they did warn people
)Posted: Sat Feb 10, 2007 12:08 pm
if they do though the value of BBS wheels will be rather alot!
Posted: Sat Feb 10, 2007 5:12 pm
I LOVE BBS's!
They can't go bust! i bet so many people complain about how long they spend cleaning them!
IMO, bbs's look good on any car! would be a shame to loose them!
They can't go bust! i bet so many people complain about how long they spend cleaning them!
IMO, bbs's look good on any car! would be a shame to loose them!
Posted: Sat Feb 10, 2007 5:18 pm
i read that there are different arms of BBS and this may not involve the aftermarket section? don't know how true that is though
Posted: Sat Feb 10, 2007 5:25 pm
Hmm, I don't know very much about German commercial law, only English.
Whatever happens I doubt the BBS brand will just disappear over night, the name itself is worth a hell of a lot surely.
Whatever happens I doubt the BBS brand will just disappear over night, the name itself is worth a hell of a lot surely.
Posted: Sat Feb 10, 2007 7:55 pm
hmmm looks like i got mine just in time then! i hope they don't close!!