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Classic seating brand Recaro files for bankruptcy

For fans who like to modify cars and motorcycles, many modified brands are dream products and high-quality products in the wheel frame industry. Then we have to talk about BBS. One of the world-class braking options is Brembo. As for the seats The leader must be Recaro. Some of these well-known manufacturers also cooperate with automobile and motorcycle original manufacturers to jointly launch performance vehicle products and create synergistic benefits for both brands.
For example, the original seats of the Ford Focus ST before the facelift were manufactured by Recaro, emphasizing sports performance and making driving more stable.

Unfortunately, it has recently been reported that Recaro, a major seat manufacturer, has declared bankruptcy, and the situation does not seem to be optimistic. The assets can no longer be used as collateral for debts, and it has entered liquidation procedures. And they were founded in 1906,
At that time, the main business was car body manufacturing. It was not until 1963 that it transitioned to manufacturing car seats. It was also the first specialized manufacturer in the world. With the determination to only make seats,
Over the years, it has won the hearts of global car brands and consumers. Many of these brands have designated performance cars for use, including BMW, Mercedes-Benz, Ford, Lamborghini, etc.
Later, it expanded into products such as child safety seats, airplane chairs, and e-sports gaming chairs.

When Recaro filed for bankruptcy in court, the 215 employees in the union were shocked. At the same time, the car manufacturers that chose the brand were also panicked.
Because they can prepare many different replacement tires for the same car, but no other supplier can replace Recaro. However, there are many business systems in the Recaro Group, and the only one that went bankrupt was the production of car seats.
Other businesses have not been affected, so until they have a new successor, many performance cars from the car brand may not be able to see Recaro for a short time.

As for the detailed reasons for bankruptcy, the parent company Recaro Automotive has not yet provided relevant explanations. This has made many people curious. In addition to designated cooperation with so many car brands,
There are also many choices for ordinary consumers, so why do bankruptcies happen? In addition, BBS, one of the wheel frame manufacturing brands mentioned earlier, is also an industry giant, but they filed for bankruptcy for the fifth time in 10 years.
It seems that it may be increasingly difficult for modified products to survive in recent years, leading to the continuous transfer of big brands.

Taiwanese car fans must be most concerned about whether they can still buy Recaro products in the future? According to Taiwan general agent Vikings Global Trading Co., Ltd. (The Vikings Inc.) stated on the social platform Facebook,
Recaro was acquired and operated by a US investment holding company as early as 2020.
This incident is a business operation by the controlling party to stop losses on branches that are in poor health and to eliminate weaknesses and rebuild them. The main window in Taiwan is the Japanese branch of the Pan-Pacific market.
The finances of each unit, including the U.S. branch responsible for the American market, are independently controlled, so there is no impact on operations.

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