Rumour: BBS problems? Delays further '08 STI production (bbs-trim only?)

**Digitalfiend** · 03-03-2008, 07:42 AM

Edit:

It seems that link is old but I wonder why my dealership seemed to indicate that there was indeed an issue (as well as other people hearing the same thing from their dealerships.) Strange.

Original Post:

Someone on our local boards posted that their dealership told them future production on the '08 STIs (bbs-trim only?) has been halted/delayed due to BBS filing for bankruptcy:

BBS news (old):
BBS meldet Insolvenz an Wirtschaft + Handel bei auto motor und sport

At first I wasn't sure if this was true or not so I called my dealership to find out the status of my STI order. My contact said that since my car is a January production car, it is still scheduled to arrive on time at the end of March. He did confirm that production was halted/delayed on new STIs; I assume that is until Subaru figures out what is going on with BBS.

Has anyone heard anything else?

stickytires · 03-03-2008, 07:44 AM

First they charge $2K for them and now they're halting production? WTF

Time to contact Enkei or Rays.

FlyinbySTi · 03-03-2008, 07:46 AM

I heard BBS has been in trouble for a while. One of my friends over in the UK told me that. I guess it's time to find another company.

***Szumita*** · 03-03-2008, 07:52 AM

damn...

subaru + rays would be niceeee

STI_Mike · 03-03-2008, 07:55 AM

Quote:

Originally Posted by Szumita

damn...

subaru + rays would be niceeee

won't happen i can see enkei though

upncummr · 03-03-2008, 08:06 AM

Since I can't read whatever language the original article was written in (I assume it's German). It's hard to determine what the status of BBS really is.

It's possible that this is going to be a very temporary, very short stoppage in production. It's also possible that it'll be a much longer stoppage at BBS (not necessarily Subaru).

I suspect the underlying causes are the run up in worldwide aluminum prices and possibly an inability to secure financing.

Gary

twigg107 · 03-03-2008, 08:10 AM

Werent they bought out by another company back in august?

Grumpy STI · 03-03-2008, 08:15 AM

TireRack posted this on Nabisco:
Announcement: The Tire Rack has been informed that as of 3-3-08 BBS pricing will be s - Tire & Wheel - NASIOC

**Digitalfiend** · 03-03-2008, 08:18 AM

^ Interesting.

***///M Power*** · 03-03-2008, 08:25 AM

All 08's halted or just the ones with the BBS option? Halting all production would not be financially beneficial

**Digitalfiend** · 03-03-2008, 08:31 AM

Quote:

Originally Posted by ///M Power

All 08's halted or just the ones with the BBS option? Halting all production would not be financially beneficial

Well, that's what I don't know. As I said, this info was posted by someone else from another forum and confirmed by my dealership.

Note, Canada only gets the full-trim model, so it might only affect us and BBS-trim orders and not the base-models in the US.

twigg107 · 03-03-2008, 08:32 AM

Quote:

Originally Posted by ///M Power

All 08's halted or just the ones with the BBS option? Halting all production would not be financially beneficial

I dont think subaru would halt the base model just because of bbs.... Whats going to suck is people who need to get a replacement wheel are the ones who are going to be hurting. Subaru will find another (better) company to do the wheels.

Gray08 · 03-03-2008, 08:59 AM

I wonder how many cars were built with the BBS rims. If they go out of production, that should make our BBS cars pretty rare (at least the rims will be).

I'd be half tempted to put mine in storage to keep them safe - but I really love these rims so I haven't seen anything else that compares yet.

***halfelite*** · 03-03-2008, 09:16 AM

What did they file for. are they doing a chapter 11. Filing for bankruptcy doesnt mean they are going out of busniess. Just protecting there busniess and it should cary on like normal. IF they do a chap.11

upncummr · 03-03-2008, 09:23 AM

Quote:

Originally Posted by halfelite

What did they file for. are they doing a chapter 11. Filing for bankruptcy doesnt mean they are going out of busniess. Just protecting there busniess and it should cary on like normal. IF they do a chap.11

I suspect the bankruptcy laws where BBS is domiciled (I assume Germany) aren't exactly the same as U.S. bankruptcy laws. So references to Chapters 7, 11 and 13 don't directly correlate.

Gary

03-03-2008, 07:42 AM	#1
Digitalfiend Super Moderator Car: 08 DGM STI Fav Mod: My wife :) Location: Brooklin, Ontario Posts: 5,144 Join Date: Oct 2003 Trader Rating: (0)	Rumour: BBS problems? Delays further '08 STI production (bbs-trim only?) Edit: It seems that link is old but I wonder why my dealership seemed to indicate that there was indeed an issue (as well as other people hearing the same thing from their dealerships.) Strange. Original Post: Someone on our local boards posted that their dealership told them future production on the '08 STIs (bbs-trim only?) has been halted/delayed due to BBS filing for bankruptcy: BBS news (old): BBS meldet Insolvenz an Wirtschaft + Handel bei auto motor und sport At first I wasn't sure if this was true or not so I called my dealership to find out the status of my STI order. My contact said that since my car is a January production car, it is still scheduled to arrive on time at the end of March. He did confirm that production was halted/delayed on new STIs; I assume that is until Subaru figures out what is going on with BBS. Has anyone heard anything else? This ad is not endorsed by this member. Please register or login to hide this ad. Last edited by Digitalfiend : 03-03-2008 at 12:02 PM. Reason: Changed thread title to something a little less panic-inducing. :)

03-03-2008, 07:44 AM	#2
stickytires Senior STI Driver Car: 05.75 WRX STI Fav Mod: Protune Location: Boston / NH / RI Posts: 329 Join Date: Feb 2004 Trader Rating: (2)	Re: BBS filing for bankruptcy - delays futher '08 STI production? First they charge $2K for them and now they're halting production? WTF Time to contact Enkei or Rays.

03-03-2008, 07:46 AM	#3
FlyinbySTi Silver Member Car: 05' STi Fav Mod: JDM Fogs Posts: 2,326 Join Date: Dec 2005 Trader Rating: (6)	Re: BBS filing for bankruptcy - delays futher '08 STI production? I heard BBS has been in trouble for a while. One of my friends over in the UK told me that. I guess it's time to find another company.

03-03-2008, 07:52 AM	#4
*Szumita* i eat cones Car: 06 sti - steel gray Fav Mod: catless Location: ma & ri Posts: 6,099 Join Date: Oct 2006 Trader Rating: (10)	Re: BBS filing for bankruptcy - delays futher '08 STI production? damn... subaru + rays would be niceeee

03-03-2008, 08:06 AM	#6
upncummr Spec C Club Car: '05 CGM Fav Mod: HPDEs Location: Omaha, Nebraska Posts: 1,025 Join Date: May 2006 Trader Rating: (3)	Re: BBS filing for bankruptcy - delays futher '08 STI production? Since I can't read whatever language the original article was written in (I assume it's German). It's hard to determine what the status of BBS really is. It's possible that this is going to be a very temporary, very short stoppage in production. It's also possible that it'll be a much longer stoppage at BBS (not necessarily Subaru). I suspect the underlying causes are the run up in worldwide aluminum prices and possibly an inability to secure financing. Gary

03-03-2008, 08:10 AM	#7
twigg107 Spec C Club Car: 08 DGM STI Fav Mod: Me..... Location: Vancouver, Wa Posts: 1,413 Join Date: Jun 2006 Trader Rating: (1)	Re: BBS filing for bankruptcy - delays futher '08 STI production? Werent they bought out by another company back in august?

03-03-2008, 08:15 AM	#8
Grumpy STI Amateur STI Driver Car: 05 Aspen White STi Fav Mod: RB320 Suspension Location: So. Cal. Posts: 40 Join Date: Jul 2006 Trader Rating: (3)	Re: BBS filing for bankruptcy - delays futher '08 STI production? TireRack posted this on Nabisco: Announcement: The Tire Rack has been informed that as of 3-3-08 BBS pricing will be s - Tire & Wheel - NASIOC

03-03-2008, 08:18 AM	#9
Digitalfiend Super Moderator Car: 08 DGM STI Fav Mod: My wife :) Location: Brooklin, Ontario Posts: 5,144 Join Date: Oct 2003 Trader Rating: (0)	Re: BBS filing for bankruptcy - delays futher '08 STI production? ^ Interesting.

03-03-2008, 08:25 AM	#10
*///M Power* STI Reconstruction Guru Car: 06 WRB STI Fav Mod: 22k complete reconstruction Location: Cary, NC Posts: 1,470 Join Date: Mar 2006 Trader Rating: (1)	Re: BBS filing for bankruptcy? Delays further '08 STI production? All 08's halted or just the ones with the BBS option? Halting all production would not be financially beneficial

03-03-2008, 08:59 AM	#13
Gray08 Junior STI Driver Car: 08 DGM STi BBS Fav Mod: Flux Capacitor Location: Mesa, AZ Posts: 50 Join Date: Feb 2008 Trader Rating: (0)	Re: BBS filing for bankruptcy? Delays further '08 STI production (bbs-trim only?) I wonder how many cars were built with the BBS rims. If they go out of production, that should make our BBS cars pretty rare (at least the rims will be). I'd be half tempted to put mine in storage to keep them safe - but I really love these rims so I haven't seen anything else that compares yet.

03-03-2008, 09:16 AM	#14
*halfelite* Platinum Member Car: 06 Subaru WRX STi Location: Riverside, CA Posts: 849 Join Date: May 2006 Trader Rating: (1)	Re: BBS filing for bankruptcy? Delays further '08 STI production (bbs-trim only?) What did they file for. are they doing a chapter 11. Filing for bankruptcy doesnt mean they are going out of busniess. Just protecting there busniess and it should cary on like normal. IF they do a chap.11