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Registered
Join Date: Jul 2015
Location: Twin Cities
Posts: 749
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Hoonigan has gone broke!
Private equity strikes again, stripping companies and chasing away talent.
https://www.theautopian.com/private-equity-has-bankrupted-hoonigan-which-is-1-75-billion-in-debt-heres-what-happens-next/ Sent from my iPhone using Tapatalk |
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09-10-2024, 10:39 AM
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Registered
Join Date: May 2017
Posts: 15,530
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I saw that yesterday.
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Southwest Oklahoma |
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09-10-2024, 10:42 AM
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Registered
Join Date: Jun 2000
Location: bottom left corner of the world
Posts: 22,758
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Too much spending, not enough selling...
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09-10-2024, 12:01 PM
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Registered
Join Date: Jul 2015
Location: Twin Cities
Posts: 749
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Hoonigan has gone broke!
I couldn’t believe the number of companies under the Hoonigan brand!
American Force, American Racing, Asanti, Black Rhino, DUB, EFX, Fairway Alloys (you know, for golf carts), Foose, Fuel Off-Road, Gorilla, Helo, Kinesis, KMC Wheels, Motegi, Moto Metal, MSA Offroad Wheels, Niche, Performance Replicas, Petrol, Poison Spyder, Pro Comp, Rotiform, Smittybilt, Status, TSW, U.S. Mags, XD Wheels, Headlight Revolution, Morimoto, The Retrofit Source, G2 Axle and Gear, Logiq Air Suspension Solutions, Readylift, Rubicon, Teraflex, Zbroz, in addition to Hoonigan, Throtl, and the aforementioned 4 Wheel Parts digital and retail stores. Sent from my iPhone using Tapatalk |
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09-10-2024, 12:18 PM
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Registered
Join Date: Sep 2015
Location: NY
Posts: 6,942
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Quote:
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09-12-2024, 04:59 PM
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Back in the saddle again
Join Date: Oct 2001
Location: Central TX west of Houston
Posts: 56,102
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I hope this hasn't fuched his widow and kids. Hopefully, they're set. I'm sure they are.
It's a shame. I have to think that it was due to some boneheaded decision made after he died.
__________________
Steve '08 Boxster RS60 Spyder #0099/1960 - never named a car before, but this is Charlotte. '88 targa  SOLD 2004 - gone but not forgotten
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09-12-2024, 05:35 PM
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