Quote:
Originally Posted by JamesNoBrakes
Quote:
Originally Posted by RedScytheM3
It only makes since with the pandemic going on. They've not gone out of business, just told their creditors they cant be paid back yet. If everything goes well they'll stick around and no ones wheels will suddenly become priceless lol
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I have to wonder if a reason for their struggling business is the loss of OEM markets. BBS wheels used to be a "thing", but OEM sales is by far the biggest money-maker for auto companies and if you start to lose the OEM sales, things tend to get hard real fast. I'd imagine auto manufacturers went to other cheaper sources for wheels and BBS wasn't able to survive on the "trickle" of aftermarket sales. I know of more than one company that have blamed their failure on COVID, but in reality they were just walking dead-men and already done for. |
I'm sure that has something to do with it. The pandemic has certainly put an end to a lot of businesses whether they were struggling before or not.