Farewell BBS?

Non-VW related chat - Moderated
Post Reply
ModifiedMadness
Sponsor
Posts: 6769
Joined: Tue Jun 14, 2005 8:38 pm
Location: Bedford Drives: MK5 Golf R32

Farewell BBS?

Post by ModifiedMadness »

See this link on Talk Audio earlier LINK

Surely not :?:
bobtknob
Sponsor
Posts: 490
Joined: Thu Jul 20, 2006 11:34 am
Location: Newcastle

Post by bobtknob »

i hope its not true
would be a real shame would have thought that there will be someone willing to save them
User avatar
Ollie_R
Sponsor
Posts: 1247
Joined: Wed Feb 01, 2006 1:24 pm
Location: SE London
Contact:

Post by Ollie_R »

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.
Dee-vub
Bling Bling Diamond Member
Posts: 2074
Joined: Sun May 21, 2006 2:13 pm
Location: Aberdeen

Post by Dee-vub »

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!
Dav123
New
Posts: 24
Joined: Mon Feb 05, 2007 4:48 pm
Location: Birmingham

Post by Dav123 »

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 :lol:)
shantybeater
Bling Bling Diamond Member
Posts: 2149
Joined: Mon Oct 23, 2006 12:24 pm
Location: Bournemouth Drives: 6n2 TDi

Post by shantybeater »

if they do though the value of BBS wheels will be rather alot!
User avatar
SpikeyG40
Moderator
Posts: 2757
Joined: Tue May 13, 2003 10:50 pm
Location: Soton Status: Vent'ho'd

Post by SpikeyG40 »

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!
pettsy
Moderator
Posts: 1958
Joined: Tue Feb 04, 2003 6:38 pm
Location: Derbyshire
Contact:

Post by pettsy »

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
Redline
Sponsor
Posts: 1641
Joined: Tue Jan 28, 2003 9:43 pm
Drives: BMW 128ti
Location: County Durham
Contact:

Post by Redline »

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.
DanDiesel
Sponsor
Posts: 3995
Joined: Wed Aug 31, 2005 10:38 am
Location: Kent Drives: VW Bora Highline

Post by DanDiesel »

hmmm looks like i got mine just in time then! i hope they don't close!!
Post Reply