trust/greddy bankrupt

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

i never thought trust/greddy/grex/gracer would ever go under.

Hm was reading in a magazine how the aftermarket industry was going downhill but never thought id see someone like greddy go first

that sucks

Read the comments.. apparently Trust does not own Greddy?
"I love how Rich Boy Ben hyped this story up. Media Hype at its finest.

First of all:
This does not really mean much to anyone that's in the industry. Its not like they have a huge padlock on the doors and Trust is long gone. This really has no affect on the the US division Greddy since its not owned by Trust Japan.
Many of you might remember
Apex did this a few years ago and low and behold they are still here.
Realistically all that will happen is Trust will get some new investors, restructure their finances. Greddy will raise their prices and that's pretty much it.

Remember: If APC the biggest crap factory that ever came out of the tuner industry filed BK a few years ago and was bought out by Pilot Automotive. Low and behold same crap different mailing address.
I'm sure Trust will be ok..."

"RELAX PEOPLE!!!! Greddy is not going ANYWHERE!!! Their product will still be available and continue to come out with new stuff. Didnt you hear, Apexi went bankrupt last year, yet they are still producing and shippping stuff. http://www.nolimitmotorsport.com"

Well FUCK, now I need a new name. This is bullshit!

no, you cant afford one

bahrx7 wrote:

no, you cant afford one

what the fuck are you talking about?

nevermind

yeah, Apexi as well as SSR have filed for bankruptcy

not sure how its all set up, but if the parent company goes under, usually there wont be much support for the us office. a big chunk of greddy R&D is in japan, greddy usa has its own R&D but their focus is to "localize" products in the states.

this is what happens when cheap people buy knockoffs on ebay.

Well then fuck all y'all and your ebay.