Recaro and BBS safe despite financial troubles in Germany

AutoExec Summary
Iconic automotive brands Recaro and BBS have both faced financial turmoil recently, with their German divisions filing for insolvency. However, the extent of the damage may not be as severe as initially thought. Recaro Automotive Japan and Recaro Automotive North America will continue operating, while BBS Japan and BBS Autotechnik in Germany, now owned by KW Automotive, will also continue business. Both Recaro and BBS supply car manufacturers like Ford, Porsche, BMW, and Mazda. The German arm of BBS has faced financial crises in the past, with the most recent in 2023. Overall, both brands will maintain production and operations despite the insolvency filings.

Brands mentioned: Recaro, BBS, Ford, Porsche, BMW, Mazda.