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GERMAN TUNING STUDIO CARLSSON DECLARED BANKRUPT

... the company out of the financial impasse. In 2015, the organization went bankrupt. The tuning studio was acquired by Sambo Motors, the largest supplier of components for Hyundai Motor Group. Carlsson's main office was moved to Saarlouis, the center of Germany's steel industry district. It was decided to sell the main business, and make the activities of the Carlsson Peninsula subsidiary brand, engaged in tuning Hyundai and Kia car brands, a priority. The company continued to service Mercedes-Benz cars, but only as part of light cosmetic repairs. New projects that the company was famous for earlier were no longer launched. Experts attribute Carlsson's ruin to the situation in the mass market. The industry is gradually switching to the production ...

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