In March, details surfaced suggesting that famed BMW tuner AC Schnitzer was shutting down, largely due to Germany’s increasingly strict vehicle approval processes. But rumors of AC Schnitzer’s death may have been greatly exaggerated.
New details, as reported by BMWBlog, say the company is on the verge of a comeback. Rotterdam-based AM Group has agreed to acquire AC Schnitzer from Germany’s KOHL Group, with the deal expected to close in November.