What The Recaro Automotive Bankruptcy Means For Porsche - Storyboard
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Recaro Automotive has filed for bankruptcy
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The German brand is popular for their high-performance cars and racing
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Recaro Holdings was split in 2020, but the automotive division is facing bankruptcy
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Setup over a century ago the company is citing price increases, loss of contracts, and lack of new products as reasons
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Recaro's other businesses (aircraft, gaming, child safety) remain unaffected
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Recaro and Porsche have a long-standing partnership dating back to the 1950s, building bodies for the 356
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It became a leader in automotive seating, and Porsche 911 is also synonymous with Recaro seats
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Innovations in seat design and safety led to its widespread popularity in motorsports throughout the '70s and '80s
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Recaro seats are featured in many performance-oriented models like the GT3 and GT2 RS
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The bankruptcy could disrupt the automotive seating industry and impact supply chains
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The loss of Recaro would be a significant blow to Porsche and the automotive industry
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But its not current OEMs, as the Recaro seats could become more expensive and rare in the Aftermarket. Swipe up to read more.