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Greddy/Trust Files Bankruptcy

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  • Greddy/Trust Files Bankruptcy

    My boss just forwarded me this information....

    http://www.autoblog.com/2008/09/10/japanese-tuning-firm-trust-greddy-declares-bankruptcy/

  • #2
    RE: Greddy/Trust Files Bankruptcy

    Aww that sucks!
    Everyone is going under lately.. :(
    2012 Acura TSX Sportwagon
    2001 NB track car that never gets driven

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    • #3
      RE: Greddy/Trust Files Bankruptcy

      We can thank mortgage companies and investors...:(

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      • #4
        RE: Greddy/Trust Files Bankruptcy

        Yay bankruptcy!
        2012 Acura TSX Sportwagon
        2001 NB track car that never gets driven

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        • #5
          RE: Greddy/Trust Files Bankruptcy

          banana

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          • #6
            RE: Greddy/Trust Files Bankruptcy

            We can also thank companies that take advantage of other company's R&D and sell the same thing, but a lot cheaper. Yay knock-offs.

            Originally posted by miata5620
            Eric's Garage ... You buy all the parts I tell you to and you will have a killer car... If you want other parts used your car will suck and it will cost you more...

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            • #7
              RE: Greddy/Trust Files Bankruptcy

              ^ Hurray China!
              2012 Acura TSX Sportwagon
              2001 NB track car that never gets driven

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              • #8
                RE: Greddy/Trust Files Bankruptcy

                Whats even better is, the knock-off pcs are probably being produced at the factory next door! (Once a company owns the tooling rights, the factory is not able to produce an exact similar item for another company).

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                • #9
                  RE: Greddy/Trust Files Bankruptcy

                  Originally posted by RotorNutFD3S
                  We can also thank companies that take advantage of other company's R&D and sell the same thing, but a lot cheaper. Yay knock-offs.
                  The first thing I thought of was ebay when I read the title.

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                  • #10
                    RE: Greddy/Trust Files Bankruptcy

                    Fuk a bunch of mortgage bankers...and all banks for that matter.
                    When they get in trouble they get bailed out by the gubment (all of US) when a citizen gets in trouble financially most still have to PAY....thanks to the banks lobbying for new bankruptcy laws that screw all of us.

                    *end side discussion rant mode

                    Bummer for Trust/Greddy...I guess everyone will blame China? Ebay knockoffs?
                    sigpic

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                    • #11
                      RE: Greddy/Trust Files Bankruptcy

                      Well, maybe they will restructure or get bought out and reorganized, kinda like what happened with SSR wheels.

                      But **** all these cheap bastars who buy/support the cheap chinese garbage.

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                      • #12
                        RE: Greddy/Trust Files Bankruptcy

                        It's a combination of things as to why they went under. Our economy is not in it's best condition and the lower/middle class people are barely making ends meet. Due to this, people do not have the extra money to spend on their cars like they used to and having to settle for the replica items instead.

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                        • #13
                          RE: Greddy/Trust Files Bankruptcy

                          it's still because of the cheap bastards!

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                          • #14
                            RE: Greddy/Trust Files Bankruptcy

                            ^^ lol
                            If I can't afford the good parts, I'll wait until I can. Or until a deal comes through from a private buyer. :)

                            Originally posted by miata5620
                            Eric's Garage ... You buy all the parts I tell you to and you will have a killer car... If you want other parts used your car will suck and it will cost you more...

                            Comment


                            • #15
                              RE: Greddy/Trust Files Bankruptcy

                              Originally posted by RotorNutFD3S
                              ^^ lol
                              If I can't afford the good parts, I'll wait until I can. Or until a deal comes through from a private buyer. :)
                              I'll wait until I can wheedle them out of somebody used too. I'm one of those cheap bastards most of the time, but quality matters. I'm not buying Ebay **** to save money at least.

                              Sucks about GReddy. This is kind of ominous considering they were one of the biggest aftermarket names out there. Wonder who's next.

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