AC Schnitzer will remain in business after a last-minute sale halted plans to close the company, preserving one of the best-known names in BMW-focused performance tuning.
The German firm had signalled that it would cease operations after nearly four decades. Its work has ranged from visual upgrades and aerodynamic components to chassis, wheel and powertrain modifications for BMW models.
The change of course means the AC Schnitzer name is set to continue rather than disappear from a specialist market where established independent tuners carry significant recognition among enthusiasts and customers seeking alternatives to factory performance divisions.
Details of the buyer and the future operating structure were not disclosed in the available report. The turnaround was first reported by Carscoops.
