E90Post
 


N54Tuning.com
 
BMW 3-Series (E90 E92) Forum > BIMMERPOST Universal Forums > General BMW News and Cars Discussion > BBS files for bankruptcy... again.



Reply
 
Thread Tools Search this Thread
      01-06-2011, 06:22 PM   #23
twenzel
Captain
 
twenzel's Avatar
 
Drives: 07 GT3 | 10 GTI
Join Date: Aug 2008
Location: Austin TX

Posts: 742
iTrader: (2)

The article states that they are only shutting down their OE manufacturing so no more BBS wheels on cars out of the factory. Hopefully this doesnt effect their aftermarket wheel sales.
__________________
twenzel is offline  
0
Reply With Quote
      01-06-2011, 08:31 PM   #24
bavarian19
General
 
bavarian19's Avatar
 
Drives: Car
Join Date: Mar 2005
Location: VA

Posts: 18,805
iTrader: (23)

I hope all works out well for BBS in the long run. They make the best aftermarket wheels IMO.

I love the CH-R, LM, LM-R.


My problem was that it was always very expensive.
bavarian19 is offline   United_States
0
Reply With Quote
      01-06-2011, 08:33 PM   #25
mtla4
Lieutenant Colonel
 
Drives: Turbo Festiva
Join Date: Mar 2008
Location: Montreal

Posts: 1,721
iTrader: (2)

Sometimes it's better to stay small. Manufacturers shop around and are sending bid offers...you cut the margin you're tied in a contract...price of the metal goes up well too bad for you cause you signed a contract. While with aftermarket you have more control on your pricing grid.
__________________
Originally Posted by corneredbeast
An engine from a Z06 Corvette. A differential from a Vespa. Damn

Quote:
Originally Posted by Severious View Post
Its because a lot of BMW owners are housewives or business professionals and know little about cars other than BMW's are a status symbol in their own circles so that have to have one. But exotic car owners know cars, that's why they are willing to spend for a killer car and they know something different when they see one.
mtla4 is offline   Canada
0
Reply With Quote
      01-06-2011, 09:43 PM   #26
positiveions
Lieutenant General
 
positiveions's Avatar
 
Drives: 09 MKV JETTA 2.5 & E90 M3 :)
Join Date: Sep 2007
Location: La Verne, CA

Posts: 10,347
iTrader: (1)

Send a message via MSN to positiveions Send a message via Yahoo to positiveions
sad to hear such great company having financial difficulties; but they are not the first.
positiveions is offline   Lebanon
0
Reply With Quote
      01-07-2011, 02:13 AM   #27
Iwantm3
Banned
 
Drives: 335i M sport
Join Date: Mar 2009
Location: US AND A I likeeeee

Posts: 1,284
iTrader: (1)

They're not having financial difficulties, lolol They're just smart Jews ;]
Iwantm3 is offline   United_States
0
Reply With Quote
      01-07-2011, 03:44 AM   #28
Bob MG
Moderating
 
Bob MG's Avatar
 
Drives: like a muppet
Join Date: Oct 2009
Location: Vienna

Posts: 1,764
iTrader: (0)

Quote:
Originally Posted by cssnms View Post
With the exception of a few posters on here, has anyone else even read the article???

BBS isn't going out of business, but rather like many companies in today's economy, they are using this as an opportunity to restructure their business in order to get back to the basics (i.e. still manufacturing/selling high-end after market wheels), while at the same time getting out of the OEM mass produced wheel segment.
my sentiments exactly..fucking kids LOL
Bob MG is offline   Greenland
0
Reply With Quote
      01-07-2011, 11:11 AM   #29
Mr.MichaelM3
First Lieutenant
 
Mr.MichaelM3's Avatar
 
Drives: 2010 E90 M3 Int Blue DCT
Join Date: Oct 2010
Location: Dirty Jersey

Posts: 318
iTrader: (0)

BBS FTW!! They really do make the best wheels. Maybe if they tried lowering there RIDICULOUS prices more people would buy them. I could see how VMR or Avant do so well. I spent 950$ for all 4 wheels from Avant.
Mr.MichaelM3 is offline   United_States
0
Reply With Quote
      01-07-2011, 01:00 PM   #30
joseph328
Private First Class
 
joseph328's Avatar
 
Drives: 94' E36 M3 Coupe
Join Date: Jul 2009
Location: Slovak Republic

Posts: 154
iTrader: (0)

BBS = Mass production = Big Production Facility , more people to pay ...

VMR = Small production = Small/er Production Facility , less people to pay ...

BBS's are the best.
__________________
94' E36 M3 Coupe Daytona Violet
joseph328 is offline  
0
Reply With Quote
      01-07-2011, 02:47 PM   #31
E90PAT
SOFLO CODING
 
Drives: E90 335i
Join Date: Apr 2009
Location: SoFla

Posts: 3,079
iTrader: (17)

Send a message via AIM to E90PAT
Quote:
Originally Posted by danilloe90 View Post
BBS is not going out of business this is a Chapter 11 and not Chapter 7 bankruptcy! People need to relax. This is simply a bankruptcy filing which can be due to multiple things. The main outcome of this will be that BBS's assets will be taken over by an bankruptcy court administrator which directly freezes all of their assets and all debt. This prevent creditors from repossessing or charging insane fees for unpaid liabilities.

In plain terms, BBS will go through a reorganization of some of its debts and will cut out some of its nonmoney making entities or lines. Same thing happened to GM remember? and you can still buy a new Corvette but now you can't buy a new Hummer. Get it?
Beautifuly explained
__________________

Coding services in Broward/Miami/Gainesville and surrounding areas! Ask me!
E90PAT is offline   Slovenia
0
Reply With Quote
      01-07-2011, 06:17 PM   #32
Mean_M3
Banned
 
Drives: 2009 E92 coupe
Join Date: Mar 2009
Location: Westport, CT

Posts: 322
iTrader: (4)

Quote:
Originally Posted by mtla4 View Post
Sometimes it's better to stay small. Manufacturers shop around and are sending bid offers...you cut the margin you're tied in a contract...price of the metal goes up well too bad for you cause you signed a contract. While with aftermarket you have more control on your pricing grid.
That is exactly why you hedge
Mean_M3 is offline  
0
Reply With Quote
      01-07-2011, 06:55 PM   #33
lm1z
Major
 
lm1z's Avatar
 
Drives: 2013 Singapore Grey F10 M5
Join Date: Aug 2007
Location: Dallas, TX

Posts: 1,124
iTrader: (18)

mispost.

ummm...GIG EM'
__________________
PAST 2002 GGP Lexus IS300 - RMM - HKS - Rays
PAST 2007 Black Sapphire E90 335i - BMS - JB+
PAST 2010 Jerez Black E92 M3
PAST 2012 Mineral White E92 M3
CURRENT 2013 Singapore Grey F10 M5
lm1z is offline  
0
Reply With Quote
Reply

Bookmarks

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump


All times are GMT -5. The time now is 04:57 PM.




e90post
Powered by vBulletin® Version 3.7.0
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST