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Strained by COVID-19, BBS files for insolvency

BBS GmbH has filed for insolvency in Germany, citing “sudden omission of payments” and pointing to the collapse in aftermarket parts sales during COVID-19.

 

The news comes at the end of a long recovery period for the racing wheel company, which was founded in 1970 and went bankrupt in 2007, when its foray into higher-volume, lower-cost wheels was met with heated competition from Chinese importers.

 

Read the full article on Hagerty.com:

https://www.hagerty.com/media/news/strained-by-covid-19-bbs-files-for-insolvency/

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Too bad. I’ve always wanted set of their wheels, just couldn’t afford them back in the day. And now that I can....

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