A new report suggests the insolvent seat supplier may be to blame for Ineos pausing production of the Grenadier SUV and ...
Now, it seems like that "crucial part" were the seats, as Recaro is known strictly for making automotive seat assemblies. And if there's one thing for sure, you can't really operate or occupy a car's ...
The lack of one of the key components has caused the halt of Ineos Grenadier production. The super SUV is, of course, ...
“The supplier is in a pre-insolvency situation,” Ineos Automotive chief executive Lynn Carter told Auto News. “It’s a trim ...
British manufacturer Ineos is facing an unfortunate situation that has forced it to halt production of the Grenadier SUV at ...
The late Ken Block's company was acquired back in 2021 and now needs to restructure and eradicate $1.2 billion in debt.
But Ineos had a contract for supplying seats with Recaro. The firm has recently filed for bankruptcy. "We are leaving no ...
Recaro Automotive filed for bankruptcy at the end of July, citing “significant financial difficulties due to extreme price increases over the last few years of the crisis and the loss of a major ...