BBS Bancruptcy!!!

Checkcaptain · 01-05-2011, 08:40 AM

Sorry - only in German.
BBS declares bankruptcy:

http://www.faz.net/s/RubD16E1F55D211...~Scontent.html

NYCMCBM3 · 01-05-2011, 08:56 AM

everyone is declaring bankruptcy these days.

PKL · 01-05-2011, 09:02 AM

Stinks. #thegreatrecession

Gkap · 01-05-2011, 09:05 AM

that sucks

///My5UV · 01-05-2011, 09:19 AM

Apparently they're going to drop their retail business, concentrating on racing and "high quality wheels" (hochwertige Räder konzentrieren) so hopefully that means no disruption to automaker supplies.

gixxer_kidd · 01-05-2011, 10:55 AM

I hope someone buys their aftermarket wheel division or continue to make aftermarket wheels.

mdosu · 01-05-2011, 11:01 AM

wow, if they stop retail business, this will make existing BBS wheels retain their value more.

inter1032 · 01-05-2011, 11:02 AM

from the link i found ,in english, it says that they had the same thing happen in 07
i guess aftermarket wheels are only a small portion of their business
they make alot of oem wheels for cars, which i guess has gone down

GTM_Challenge · 01-05-2011, 11:38 AM

BBS is doing some restructuring of their business direction basically.

BBS intends to re-focus on their core business in Schiltach; Motorsports, Specialty OE business (Ferrari, Porsche, BMW etc… and including their US based programs with Ford, Toyota, etc.), High-end aftermarket and Technology development. (Schiltach is the BBS headquarters and is responsible for all engineering, development, high-end and specialty production, etc.) The only segment that they are taking away is the high volume base level OEM business

BBS has filed for restructuring (Similar to the US Chapter 11) in Germany at the same time that they have a LOI with Ronal to buy the BBS plant in Herbolzheim. (Herbolzheim is the production facility for standard OEM high volume production.)

BBS of America operates as a separate company, and has a very positive result for 2010. They have been rebuilding their aftermarket product range for the past 1.5 years and we are entering 2011 with a much stronger program. In the end, BBS will become a leaner, more focused, high-end supplier.

MediaArtist · 01-05-2011, 12:45 PM

See? That's what happens when you buy "reps".

So long.

Erhan · 01-05-2011, 12:49 PM

Quote:

Originally Posted by MediaArtist

See? That's what happens when you buy "reps".

So long.

Well I'm sure BBS makes quality products but they're charging arm & leg.

MediaArtist · 01-05-2011, 12:59 PM

Quote:

Originally Posted by erhanh

Well I'm sure BBS makes quality products but they're charging arm & leg.

BMW makes a great product. They charge an arm and a leg.
Ferrari...
Porsche...

BBS makes high performance wheels that are light, and strong based on their racing wheels. They look good. Some people pay for that heritage and style, and some prefer to buy knockoffs.

Well now the choice just got easier. Adam Smith was a genius.

aus · 01-05-2011, 05:00 PM

So bascially, this allows them to get rid of the damn union employee's in Germany or at least get a better deal from them given the change in economic times?

Elaz · 01-05-2011, 05:11 PM

nice if i only read german.

Checkcaptain · 01-05-2011, 08:48 PM

Well, I am German and I can read English...

Quote:

Originally Posted by Elaz

nice if i only read german.

///My5UV · 01-05-2011, 09:25 PM

Quote:

Originally Posted by Elaz

nice if i only read german.

Ich spreche wenig deutsche... and I have Google Chrome, which translates on the fly for you :-)

I need to brush up before my ED trip in April, anyway!

ltw 11 · 01-05-2011, 10:52 PM

Quote:

Originally Posted by ///My5UV

Ich spreche wenig deutsche... and I have Google Chrome, which translates on the fly for you :-)

I need to brush up before my ED trip in April, anyway!

kein 'e' at the end of Deutsch.
ich spreche, schreibe Deutsch auch (jeden Montag). cheers!!

MVF4Rrider · 01-05-2011, 11:15 PM

Quote:

Originally Posted by ltw 11

cheers!!

Nein, tschuss.

ltw 11 · 01-05-2011, 11:41 PM

Quote:

Originally Posted by MVF4Rrider

Nein, tschuss.

jawohl. wiederschauen

cmk227 · 01-05-2011, 11:42 PM

Quote:

Originally Posted by Checkcaptain

Sorry - only in German.
BBS declares bankruptcy:

http://www.faz.net/s/RubD16E1F55D211...~Scontent.html

Sorry for asking a stupid question but I can't read the article.

I was never taught German in school. Puedo hablar Espanol?

V1.47fan · 01-06-2011, 07:34 AM

Quote:

Originally Posted by Checkcaptain

Well, I am German and I can read English...

That's because you lost the war.

just kidding

stefan · 10-27-2011, 11:21 AM

Anyone have updates on this? BBS wheels have all but disappeared from Canadian retailers.. wondering if this is the reason why.

01-05-2011, 08:40 AM	#1
Checkcaptain Major 549 Rep 1,179 Posts Drives: BMW M4 GTS Join Date: Jan 2009 Location: Germany iTrader: (0)	BBS Bancruptcy!!! Sorry - only in German. BBS declares bankruptcy: http://www.faz.net/s/RubD16E1F55D211...~Scontent.html
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01-05-2011, 08:56 AM	#2
NYCMCBM3 Colonel 167 Rep 2,711 Posts Drives: 2012 MCB E92 M3 Join Date: Apr 2010 Location: South Ozone Park,NY iTrader: (13)	everyone is declaring bankruptcy these days. __________________ 2012 MCB///M3
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01-05-2011, 09:02 AM	#3
PKL Brigadier General 846 Rep 3,274 Posts Drives: 2020 M4, 2022 X6 Join Date: Oct 2008 Location: San Fernando Valley iTrader: (1)	Stinks. #thegreatrecession __________________
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01-05-2011, 09:05 AM	#4
Gkap BMF Movement 51 Rep 3,024 Posts Drives: Women Crazy Join Date: Jul 2010 Location: GTA iTrader: (1)	that sucks
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01-05-2011, 09:19 AM	#5
///My5UV Lurker 78 Rep 812 Posts Drives: YMB F80, SS E90 Join Date: Nov 2010 Location: Austin iTrader: (0)	Apparently they're going to drop their retail business, concentrating on racing and "high quality wheels" (hochwertige Räder konzentrieren) so hopefully that means no disruption to automaker supplies.
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01-05-2011, 10:55 AM	#6
gixxer_kidd Major 81 Rep 1,461 Posts Drives: e92 m3 Join Date: Dec 2008 Location: Northern VA iTrader: (18) Garage List 2008 m3 [10.00]	I hope someone buys their aftermarket wheel division or continue to make aftermarket wheels.
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01-05-2011, 11:01 AM	#7
mdosu Banned 314 Rep 8,496 Posts Drives: Double Vanos'd Civic-M3 Join Date: Oct 2009 Location: San Francisco iTrader: (6)	wow, if they stop retail business, this will make existing BBS wheels retain their value more.
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01-05-2011, 11:02 AM	#8
inter1032 Major 31 Rep 1,460 Posts Drives: 2013 m3 Join Date: Jul 2008 Location: boston iTrader: (0)	from the link i found ,in english, it says that they had the same thing happen in 07 i guess aftermarket wheels are only a small portion of their business they make alot of oem wheels for cars, which i guess has gone down
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01-05-2011, 11:38 AM	#9
GTM_Challenge 270 Rep 2,946 Posts Drives: E46 M3, E90 M3 Join Date: Jan 2010 Location: Nashville iTrader: (7)	BBS is doing some restructuring of their business direction basically. BBS intends to re-focus on their core business in Schiltach; Motorsports, Specialty OE business (Ferrari, Porsche, BMW etc… and including their US based programs with Ford, Toyota, etc.), High-end aftermarket and Technology development. (Schiltach is the BBS headquarters and is responsible for all engineering, development, high-end and specialty production, etc.) The only segment that they are taking away is the high volume base level OEM business BBS has filed for restructuring (Similar to the US Chapter 11) in Germany at the same time that they have a LOI with Ronal to buy the BBS plant in Herbolzheim. (Herbolzheim is the production facility for standard OEM high volume production.) BBS of America operates as a separate company, and has a very positive result for 2010. They have been rebuilding their aftermarket product range for the past 1.5 years and we are entering 2011 with a much stronger program. In the end, BBS will become a leaner, more focused, high-end supplier.
	Appreciate 0 Quote

01-05-2011, 12:45 PM	#10
MediaArtist There is No Substitute 72 Rep 1,186 Posts Drives: Audi A6, 997 GT3 RS, E90 335i Join Date: Apr 2010 Location: Laguna Beach, CA iTrader: (0)	See? That's what happens when you buy "reps". So long. __________________ '13 Audi A6 '07 Porsche GT3 RS '08 BMW E90 335i
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01-05-2011, 05:00 PM	#13
aus Major General 890 Rep 9,031 Posts Drives: Odysse Join Date: Jul 2005 Location: Seal Beach, CA iTrader: (10)	So bascially, this allows them to get rid of the damn union employee's in Germany or at least get a better deal from them given the change in economic times? __________________ Let me get this straight... You are swapping out parts designed by some of the top engineers in the world because some guys sponsored by a company told you it's "better??" But when you ask the same guy about tracking, "oh no, I have a kid now" or "I just detailed my car." or "i just got new tires."
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01-05-2011, 05:11 PM	#14
Elaz Lieutenant 51 Rep 591 Posts Drives: e92m Join Date: Mar 2010 Location: bx ny iTrader: (1)	nice if i only read german.
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10-27-2011, 11:21 AM	#22
stefan Brigadier General 2348 Rep 4,253 Posts Drives: M2 Comp Join Date: Feb 2008 Location: North iTrader: (2)	Anyone have updates on this? BBS wheels have all but disappeared from Canadian retailers.. wondering if this is the reason why. __________________ ///M Power
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