Trust/ Greddy declares bankruptcy
09-10-2008, 07:18 PM
#28
some people put down the profec b, but I used it for many years and it performed flawlessly. zero issues. i believe it's the most widely used boost controller too. Even the guy I got the unit from said he had issues with the very same unit I used! I'm going to guess people just can't understand the greddy-speak used in the manuals.
09-10-2008, 07:21 PM
#29
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09-10-2008, 07:30 PM
#30
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i agree with you. one thing is, i figured Bliz would go down under before trust.
09-10-2008, 08:47 PM
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All this means is that they are going through hard times, but they'll still be around. There won't be a huge closeout sale.
Keep buying those knockoffs guys!
Keep buying those knockoffs guys!
09-10-2008, 08:56 PM
#35
09-10-2008, 09:55 PM
#36
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Assuming they could continue on as a separate entity or even under new ownership the declaration of bankruptcy is a real issue. Securing partnerships, materials, means of production, etc...instantly have become much more difficult and closed many doors. Having credit extended to them by not only banks, but also other businesses will be near impossible. Operating on a cash basis is probably where they'll be.
09-10-2008, 10:31 PM
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Actually this is good from a economic standpoint. The invisible hand dictated that they were not making enough people to want to buy their product. Ergo they go out of business. Survival of the fittest, somebody else will buy up the models and stock of any decent selling products that they had, and life will go on as usual.
09-10-2008, 10:35 PM
#40
Despite all the crap everone here talks about GReddy, you have to give credit where credit is due. After all, they are the ONLY major aftermarket parts manufacturer to release an FI kit for the RX-8 in the US. I have always found their parts to be of the highest quaity and it such a shame to see this happen to them.
09-10-2008, 10:44 PM
#43
Despite all the crap everone here talks about GReddy, you have to give credit where credit is due. After all, they are the ONLY major aftermarket parts manufacturer to release an FI kit for the RX-8 in the US. I have always found their parts to be of the highest quaity and it such a shame to see this happen to them.
09-10-2008, 10:44 PM
#44
for all time's sake 
me, renesis se3p, trochoid magic, apocolypse, sammy, n' dozer...
http://www.youtube.com/watch?v=k2P2xPjMePY
me, renesis se3p, trochoid magic, apocolypse, sammy, n' dozer...http://www.youtube.com/watch?v=k2P2xPjMePY
Last edited by Atilla; 09-10-2008 at 10:46 PM.
09-10-2008, 10:48 PM
#45
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Despite all the crap everone here talks about GReddy, you have to give credit where credit is due. After all, they are the ONLY major aftermarket parts manufacturer to release an FI kit for the RX-8 in the US. I have always found their parts to be of the highest quaity and it such a shame to see this happen to them.
09-10-2008, 11:25 PM
#47
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Originally Posted by beb @ s2ki.com
Yes, TRUST filed for bankruptcy but GReddy is privately owned. Both Trust AND GReddy will still be around.... Its just hard times.
No need to start worrying about your GReddy warranties and whatnot. At least not yet or near future. So chill out!
No need to start worrying about your GReddy warranties and whatnot. At least not yet or near future. So chill out!
09-11-2008, 07:21 AM
#49
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Trust/Greddy declares bankruptcy
I don't know if it's a repost, but here you guys go..
has any one heard about this yet.?
http://www.autoblog.com/2008/09/10/j...es-bankruptcy/
this sucks.....no more support form them...
oh well, I wasn't getting any from them anyways.
has any one heard about this yet.?
http://www.autoblog.com/2008/09/10/j...es-bankruptcy/
this sucks.....no more support form them...
oh well, I wasn't getting any from them anyways.
^^^That is what this thread is about actually, don't you read?