• Jan 5th 2011 at 2:45PM
  • 22
German 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.
*UPDATE: An official from BBS reached out to Autoblog and gave us greater insight into this move. Here is what they wanted to share:
"In Germany, BBS has filed for restructuring (Similar to the US Chapter 11) and at the same time they have a LOI with Ronal to buy the BBS plant in Herbolzheim. (Herbolzheim is the production facility for standard OEM high volume production.)

The intent of BBS is to re-focus on our core business in Schiltach; Motorsports, OES business (Ferrari, Porsche, etc... and including our US based programs with Ford, Toyota, etc.), High-end aftermarket and Technology development. (Schiltach is the BBS headquarters responsible for all engineering, development, high-end and specialty production, etc.)

BBS began life as a "Racing wheel" company (in Schiltach) over 40 years ago, several years later they began producing aftermarket wheels and a few years later they were producing "Specialty" OE wheels (OES).

BBS is just returning to its core business."

[Source: Faz via Fourtitude, BBS]

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    • 1 Second Ago
      • 4 Years Ago
      Isn't IG Metall the German autoworkers union? This may be part of the problem.
        • 4 Years Ago
        yes, IG metal is
      • 4 Years Ago
      I blame this on their unwillingness to enter into the mid-market for less expensive after-market wheels. Instead, their after-market wheels cost a fortune and I can't afford them.

      Obviously, without my money they will go bust. I, am a Rota Wheels man.
      • 4 Years Ago
      A bit surprising really.
      Most of the custom wheels i see are BBS's. That of course doesn't mean that the company is doing amazing, but still.
      • 4 Years Ago
      another example of the unions destroying a great company.
      • 4 Years Ago
      Aw man, I love most of what BBS makes :(
      • 4 Years Ago
      Pull through BBS... You make some of the most beautiful, longest lasting wheels in the world.

      I still can't get over how good you look on a almost 20 year old Nissan Skyline BNR32 GT-R N1 V-Spec II.
        • 4 Years Ago
        right on

        but don't forgot the mention classic porsches, 6 series bmw, etc, etc
        • 4 Years Ago
        Pretty sure there is no such thing as a "N1 V-spec II"? Only VSpec, VSpec II, and N1 in the BNR32 gen?
      • 4 Years Ago
      Sorry, but this is a poorly researched article. 'IG Metall' is one of germanys biggest unions and is not known for being unable to accept a compromise. ('another example of the unions destroying a great company. ')
      In this the 'IG Metall' merely criticized the management for making dumb decissions and not holding to its word. What they said is that the management/owner had talked about investing millions in BBS right before christmas and then all of a sudden filed for 'insolvenz' (~chapter 11) on December 30. The 'IG Metall' didn't block nor destroy anything. They are just (quite legitamtly) upset with the management.

      Just to make this clear: The BBS you know still exists. They still make premium wheels in Schiltach (from which I, btw, only live minutes away). BBS says that the goal of the 'insolvenz' is to restructure and refocus on premium products. Just hope for the best.
        • 4 Years Ago
        Whoops. Must've forgotten to write a word here. Meant to say:

        In this case the 'IG Metall' merely criticized the management for making dumb decissions and not holding to its word.
      • 4 Years Ago
      It's expensive to make stuff in Europe as opposed to Asia. You can make the same quality products for much lower in Asia, due to the artificial manipulation of currency.

      I love the look of the bbs Lmr.
      • 4 Years Ago
      Quit charging 5k for a set of wheels and people will buy more.
      • 4 Years Ago
      Maybe I should pick up a set of those center caps for my wheels before they become hard(er) to find.
      • 4 Years Ago
      If they didn't cost so much, I'd buy a set. Best of luck BBS!
        • 4 Years Ago
        hmmm, for around 500€/each you have a basic set, that's not really expensive.
        considering some people in the US pay over 10k for a set of untested custom made rims, just to show off.
      • 4 Years Ago
      Ronal is still in business? I wonder if I can still score a set of their Bear wheels....
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