Bankruptcy would mean that there is an outside financial institution, investor or interested partner. According to what I’ve read, there is no investor. There are no debts. The entire venture is funded from the personal wealth of Ineos founder, Sir Jim Ratcliffe. For those unfamiliar with how a bankruptcy originates, the courts tend to frown on bankruptcy filings when there isn’t a lender involved.
As for Recaro, vendor changes are a normal part of automobile manufacturing. Recaro’s troubles, if they are the culprit, should, in no way, cause one to imagine that Ineos is similarly troubled. However, if you start to hear that Ineos is behind on their bills with BMW, Brembo, Carraro, ZF, Eibach, etc., then by all means, please voice your concerns.
Until then, this enterprise, under its present structure, will end only when Sir Ratcliffe decides. And since Sir Ratcliffe is making further investments…
We can probably end this thread here.