Recaro Automotive, the legendary seat manufacturer known for its premium products in performance and luxury vehicles, has been rescued from financial ruin. After filing for bankruptcy in July, the ...

Recaro, one of the oldest names in automotive seating, filed for bankruptcy in a German court on Monday. The firm employs 215 workers at its factory in Kirchheim unter Teck, Germany, and the ...

Another automotive company is biting the dust. This time the victim is the stalwart seat maker Recaro Automotive. According ...

Recaro Automotive, which earlier this year filed for bankruptcy, has been rescued by Proma Group, an Italian automotive parts supplier. Proma Group has agreed to take control of the world's oldest ...

RECARO's future is no longer in jeopardy as Italian supplier group, Proma, officially announced its acquisition and investment in the company, essentially digging the ailing firm out of bankruptcy.

The news of Recaro’s bankruptcy was a real shock in the summer. It’s such a well established name in the automotive sector that we all sort of assumed that it’d be around forever.

Recaro Automotive is a major supplier of car seats, particularly for performance applications. However, the German company ran into hard times earlier this year, and filed for bankruptcy ...