Recaro Automotive saved from bankruptcy by Proma Group
Motor Authority
DECEMBER 4, 2024
Recaro Automotive is a major supplier of car seats, particularly for performance applications. However, the German company ran into hard times earlier this year, including filing for bankruptcy protection in July. Fast forward to today, and a new investor has stepped in and plans to take control of the company. As first reported by Piston Heads on.
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