Update 7/31/2024: Recaro has confirmed to SlashGear that it has filed for bankruptcy via an emailed press release. The company says that it ‘encountered significant financial difficulties due to extreme price increases in recent crisis years and the loss of a major contract,’ though it doesn’t say who that major client was. For the time being, it seems that business will proceed mostly as usual for Recaro, as the company ‘plans to maintain full production during the insolvency proceedings
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