Tag: Economic downturn
Top Sim Racing Equipment Supplier Goes Bankrupt: What Happens Next?
Fanatec, a well-known supplier of sim racing equipment, is facing financial difficulties as its parent company, Endor AG, has filed for insolvency in a German court. This decision came after failed negotiations with Corsair,...
Stellantis Sales Decline: What’s Going Wrong?
Stellantis recently released its second-quarter sales figures, and the results are not looking great. Most of the Detroit-based brands, such as Ram, Jeep, and Chrysler, have experienced a significant decline in sales. Ram, in...