The world’s most well-known automotive seat producer is out of cash.

On Monday, Automobilwoche reported Recaro Automotive filed chapter by way of Germany’s Esslingen District Courtroom.

Recaro Automotive GmbH reportedly has 215 staff at its manufacturing unit in Kirchheim below Teck, Germany.

Autocar reported staff have been caught off guard and never made conscious of the chapter submitting beforehand.

“We anticipate all choices to be exhausted to be able to safe jobs and discover a sustainable answer,” main commerce union IG Metall stated, in keeping with Automobilwoche.

Recaro Automotive is the one division that filed chapter. The corporate is splintered and complex. Recaro additionally makes plane workplace, and gaming chairs together with child seats. These merchandise all come from completely different divisions, that are unaffected by the chapter submitting.

In 2011 Johnson Controls acquired the Recaro Automotive division. John Controls morphed into Adient in 2016, after which offered Recaro Automotive to Detroit-based non-public funding agency Raven Acquisitions, LLC in 2020.

It is unclear what the chapter submitting means within the quick future for Recaro Automotive. The corporate is liable for producing high-performance seats for numerous automobiles, together with the optionally available high-back seats within the Ford Mustang Darkish Horse.