BBS is no more

[BimmerTim]

They declared bankruptcy last month and will be shutting down the OE wheel division.

Only race wheels will remain in production.

http://www.4wheelsnews.com/bbs-filed-for-bankruptcy-on-december-30/

[JTapper]

So now RS's will be actually worth what people are paying for them?

[Gertrude86]

wow, i would have thought they had a pretty steady market with OE wheels. That sucks :(

[BimmerTim]

Get bent.

wheels.

Jeff.

[BimmerTim]

I really doubt this will have any effect on the RS market, as BBS hasn't made RS' in, something like, 15 years.

[mattdesmond]

Wow, that sucks.

[JTapper]

Get bent.

wheels.

Jeff.

I have one. Ironically it's a Ronal.

[BimmerTim]

Phase 1?

[Toftii88]

Not r10s?

[Fearnside]

So no more over-played wheels??

[alpineE30]

Would have never guessed. Mmm steady increase in value for OE BBS then? Yes! Haha

[JPB]

I have one. Ironically it's a Ronal.

Phase 1?

Not r10s?

I'm going to remember this.

[Luis]

This is BBS' official word, sent by the head of their US operations in GA 1/4/10:

To our valued customers,

BBS has been the recognized leader in the premium wheel category for 40 plus years. As BBS of America, Inc. brings to a close the 2010 year in a much healthier manner; we are very bullish on the 2011 year with a much stronger program in all phases of the North American business.

However, some difficulties have beset our parent company, BBS International GmbH. While not posing any immediate difficulties to our North American operations, we want you to be aware of this information.

BBS International GmbH has filed for Insolvency Protection in what amounts to be a Management Reorganization (similar to our Chapter 11 protection) during a difficult period while in negotiation to sell the one high volume plant in Herbolzheim, Germany. While the sale of this plant (high volume production plant for the OE market) is pending to the Ronal organization, it put undue pressure on credit within BBS International GmbH. This filing will enable BBS International GmbH to continue to do business as usual while the Management is restructured and the sale of the Herbolzheim plant is completed. The sale of the Herbolzheim plant will allow for further investment and streamlining to be made at the Schiltach operation (BBS International GmbH headquarters). The investment in the Schiltach operation will enable BBS to re-focus on its core business of high end Aftermarket, Motorsport and Premium Original Equipment product for the worlds leading automotive manufacturers.

BBS of America, Inc. is in business and is fully operational. The plants in Germany are also fully operational and product is due to be released after this holiday period in the normal manner. The new German product that we have arriving for the spring selling season is still on plan. Our forged wheel business with our partner BBS Japan is also unaffected as we have some new offerings on the forged side of the business also arriving in the spring.

We will do all that is possible to support our customers during this time. We fully expect to continue with our aggressive business plan in 2011.



Hopefully this clears things up. BBS isn't going anywhere anytime soon

[JTapper]

I have one. Ironically it's a Ronal.


Phase 1?


Not r10s?


I'm going to remember this.

Well played.

Rob was just trying to one-up me by having TWO bent Ronal wheels.

[KScott7991]

So now RS's will be actually worth what people are paying for them?

Haha. Epic.

[The_Stig]

I don't think this is the first time BBS has done this, perhaps I'm wrong though. However, they just won't be making OE wheels, which people don't exactly clamor over. Your beloved LMs, CHs and RGRs will still be available. Restructuring only means they'll shift their business for a while, until they get back on their feet.

I'm not too worried.

[Vrjetta98]

The investment in the Schiltach operation will enable BBS to re-focus on its core business of high end Aftermarket, Motorsport and Premium Original Equipment product for the worlds leading automotive manufacturers.
Hopefully this clears things up. BBS isn't going anywhere anytime soon

They say nothing about not doing oe wheels anymore just that they are selling the plant to Ronal and still doing it in Schiltach, Infact the say they are going to continue doing it.

[shawn o]

So now RS's will be actually worth what people are paying for them?

Actually they are worth even more. Old Tire Rack ad i scanned from 1991.

With inflation that $3100 package (16" wheels) then would be over $4800 now...

Have to pay to play, then and now.

http://i216.photobucket.com/albums/cc249/mn_pikey/Untitled-1-2.jpg

http://i216.photobucket.com/albums/cc249/mn_pikey/1991TireRackad.jpg

[CleanA4]

Thank God

[CleanA4]

Thank God I dont think bbs could go out of business as they have a huge following in the racing and show side of wheels.

[palmer]

BBS bores me.


Yep, I said it.



SNORE.

It's official. BBS is so played, they are out of business.

[JTapper]

Thank God I dont think bbs could go out of business as they have a huge following in the racing and show side of wheels.

Racing, yes.

If you look at most people's purchases, they are not from BBS, they're secondhand. Plus, with so many knockoff wheels out there these days who knows how many sets out there are true BBS.

[ShowCar]

This has been a long time coming, no?

[MrScary]

Yea, they filed bankruptcy a few years ago that I know of.

[famouSSTAR]

yeah back in 06' or 07'

[teddymac]

So no more over-played wheels??

that's why we have Rotiform now.

[audivwdave]

Thats it Im moving on to american racing............................................ ...........haha

[Digital K]

that's why we have Rotiform now.

:cookie:

[aaronmjr]

I don't care if they are "played" I absolutely love BBS. They are like The Beatles of the wheel world. Some love them, some hate them but there is no doubting they have made a huge impact on their industry.

Luis thanks for posting that letter. :beer:

[MrScary]

that's why we have Rotiform now.

LoL, Wut?:eek::jerkit:

[Luis]

Luis thanks for posting that letter. :beer:

:beer:

[Fearnside]

that's why we have Rotiform now.

Haha. So true. Nice Teddy, nice.

[teddymac]

:cookie:


LoL, Wut?:eek::jerkit:


Haha. So true. Nice Teddy, nice.

we all liked them when we first saw them. Now that everyone got them... they're played :)

http://i988.photobucket.com/albums/af8/rotiform/wheel%20service/blq_graphite.jpg

[shawn o]

Good engineering and design never gets old.

[iSpeed]

Its cuz they charge too damn much for wheels. Um, hello bad economy.

[EuroBoy21]

:(

[BimmerTim]

I love all the BBS hate.

When you get a real set of wheels, then you can talk.

[Stumanbmx]

I want a set of 17x8 RGR's for my car. I wish I had enough money.

BBS wheels are awesome.

[1FastB5]

if i'm not mistaken i believe they went into bankruptcy in 2007. i'm sure they will still continue so i'm not too worried about that.

although their shit may be over priced and over played, i still love them. i will have a set of RS wheels on the 6'er at some point...after all they were a factory option with my car.

http://www.sharknose.de/galerie_printwerbung/denken85.jpg

[Digital K]

BBS RS's are timeless. Saying you dont like them is like saying you think a perfect 10 blonde bombshell is meh. It might not be your thing, but you'd so hit that shit.

[Toftii88]

ASA's are played.

[Luis]

BBS RS's are timeless. Saying you dont like them is like saying you think a perfect 10 blonde bombshell is meh. It might not be your thing, but you'd so hit that shit.

This ^

[igotacaddy]

BBS RS's are timeless. Saying you dont like them is like saying you think a perfect 10 blonde bombshell is meh. It might not be your thing, but you'd so hit that shit.


This ^

damn beat me to it.