- Feb 7, 2007
BBS goes bust?
The maker of the iconic (and patented) 16-spoke rim has filed for bankruptcy after one of their suppliers bailed, while aluminum prices shot up over the past year. The company had lost 3.8 million Euro ($4.9M US) in the first half of 2006, then came up 10.2 million Euro ($13.2M US) short for the year.
Our knowledge of bankruptcy law abroad is about as good as our German, so we're unsure about how this may affect those of us with a wheel addiction here in the States.
Thanks for the tip, TGM3!
[Source: Auto Motor Und Sport]