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Recaro file for BANKRUPTCY…who’s going to be next ?!

Shock in the world today as seat manufacturer file for personal bankruptcy and BBS wheels struggle.

In F1 signs for Williams and Perez appears like he's staying put at Red Bull.

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Comments

28 responses to “Recaro file for BANKRUPTCY…who’s going to be next ?!”

  1. @kevinDG7 Avatar
    @kevinDG7

    A very good evening, everybody. Hope everybody enjoys their summer holiday,

    Reply
  2. @jamiep61 Avatar
    @jamiep61

    Another enjoyable MID-WEEK 180 😊

    Reply
  3. @michaelkember8102 Avatar
    @michaelkember8102

    Such a shame about Recaro. Made seats for what seems like ever,
    Hope everyone is well and enjoying the weather. Pete, hope you have an aircon unit in your new man cave!!

    Reply
    1. @francoisg3500 Avatar
      @francoisg3500

      They will easily find new investors willing to inject some money in the business particularly with the history and heritage. Although there airline seat producing side of the business is quite successful. You have probably sat in a Recaro airline seat without realising.

      Reply
  4. @anangelshero0410 Avatar
    @anangelshero0410

    Prices are so high I cannot see how people afford BBS and/or Recaro.

    It’s no surprise they’re going bankrupt.

    Reply
    1. @stu4181 Avatar
      @stu4181

      They seem a complete bargain compared to Porsche bucket seats

      Reply
  5. @aerotus888 Avatar
    @aerotus888

    Recaro is synonymous with racing seats! Our world is really collapsing.

    Reply
  6. @denisspratt926 Avatar
    @denisspratt926

    I think one of the problems is that people don´t modify their cars as much these days like they used to.
    Cause you have so many options when you buy it as new compared to what you had 15-20 years ago.
    So that might be the reason that some nufacturers that are mostly known for aftermarket parts struggle.

    Reply
    1. @kaasmeester5903 Avatar
      @kaasmeester5903

      Recaro has a couple of side businesses though. Aircraft seats (both economy & business, with several airlines as customers)., and they even make gaming seats. Maybe Boeings production and delivery issues play a part here.

      Reply
    2. @denisspratt926 Avatar
      @denisspratt926

      @@kaasmeester5903 yes But they are different companies.
      The company that makes seats for aircrafts are a different company as the one making for cars.

      Reply
  7. @andypalin3287 Avatar
    @andypalin3287

    I’d rather watch the paint dry on your dream garage walls Pete, than watch F1! 😂

    Reply
  8. @grahamtricker4103 Avatar
    @grahamtricker4103

    Re Recaro: its not surprising considering UK and EU governments pushing EVs and the cessation of IEC cars from 2030. Car manufacturers are suffering badly as result of the non take up of EVs. I’m sure UK and EU car manufacturers will all go back and start making ICE cars again just to stay in business.

    Reply
    1. @djtaylorutube Avatar
      @djtaylorutube

      I wondered how long I’d have to go down the comments before seeing EV’s as the blame for this. 1st comment, geez.

      Reply
    2. @DaleSteel Avatar
      @DaleSteel

      WHY? Do EVs not have seats?

      Reply
  9. @markrhoden68 Avatar
    @markrhoden68

    Recaro 😮
    I wonder if it’s a symptom of modern cars in general. The days where we modified our cars has become less common than back in the 80s and 90s max power era.
    So sad

    Reply
    1. @4literv6 Avatar
      @4literv6

      Yup more cars than ever otr world wide(well suvs cuvs and pickups at any rate)

      And less passion for modifying or customizing your ride than at anytime I’ve ever seen since getting into cars and modding them ipback in the 90s. I ran a car repair shop and I’d say 3-5% of my customers cared at all for their cars beyond treating them like appliances.

      Reply
    2. @stu4181 Avatar
      @stu4181

      @@4literv6in fairness every YouTuber preaches cars being the biggest wealth killer and that millionaires all drive 10 year old Toyotas

      Reply
  10. @jasonshaw1628 Avatar
    @jasonshaw1628

    What a shame about Recaro & hopefully for the employees, a buyer is around the corner. Take care Pete👍

    Reply
  11. @prakashnarismulu3332 Avatar
    @prakashnarismulu3332

    There were 5 cars on one stop . Only GR was DQ . None of the cars do a close out lap at Spa after the race due to lengthy track and fuel ⛽️ load

    Reply
  12. @prakashnarismulu3332 Avatar
    @prakashnarismulu3332

    Sad about Recaro . They also make seats for airplanes / Airbus

    Reply
  13. @minilite7184 Avatar
    @minilite7184

    The corkscrew at Laguna Seca always beasts me when playing Gran Turismo 😅😅

    Reply
  14. @richardhargrave6082 Avatar
    @richardhargrave6082

    Loved it when the Grand Prix was either at Silverstone and/or Brands Hatch, loved Paddock Hill Bend.
    I’ll never forget Keke Rosberg flying through there sideways in the Williams-Honda FW11 at the Grand Prix of Europe in 1985, the speed trap on the approach was over 170 MPH, amazing. It was Our Nige’s first Grand Prix win.
    Surprised that Recaro and BBS are in big trouble, its just the car seat division, not aero and stadium seats.
    I’m not sure all car manufacturers are going to survive, there were too many before the Chinese turned up, my money is on Ford pulling out of Europe

    Reply
  15. @alasdairwilson4806 Avatar
    @alasdairwilson4806

    Shame about Recaro and Bbs.I do feel sorry for George,it must be gutting to have a win taken away from you.Friday sounds interesting.

    Reply
  16. @Wolfman57 Avatar
    @Wolfman57

    I had recaro seats in my Corsa VXR, they just fell apart,and so did everyone else’s. What a load of expensive crap !!!

    Reply
  17. @stu4181 Avatar
    @stu4181

    Really surprised with Recarro You’d think someone would buy the name and keep it going due to how iconic it is.

    Reply
  18. @jvoric Avatar
    @jvoric

    6:45 it is said and has been for many years that some car manufacturers are just 1 failed model away from bankruptcy

    Reply
  19. @Tracertme Avatar
    @Tracertme

    Typically when private equity firms get involved in your business, it does not end well for you. They are never interested in your longevity just making money asap.

    Reply
  20. @gepal7914 Avatar
    @gepal7914

    Only about 1.5 kilos! That is a huge number. Ask the Alpine guys how hard they fought to reduce 1.5 kilos.

    Reply

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