Greddy/Trust declares bankruptcy

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Old 09-10-2008 | 02:48 PM
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Unhappy Greddy/Trust declares bankruptcy

http://www.autoblog.com/2008/09/10/j...es-bankruptcy/
Old 09-10-2008 | 02:52 PM
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Saw that today on a mr2 board... Sad stuff... Too many knock off companies making a buck off of real innovators...
Old 09-10-2008 | 02:52 PM
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wowsers. Time to stock up on Trust stuff
Old 09-10-2008 | 02:53 PM
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sooo greddy/trust is gone?
Old 09-10-2008 | 03:02 PM
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Looks like it for now... Hopefully another company will invest in them and restructure to match the changing economic climate in japan... Unfortunately it doesn't look good, the tuning industry in the home market and abroad is shrinking and getting investors for a shrinking market is kinda hard...

People don't care about knock offs as much any more, and with price being a major point in making a purchase, alot of people go with fakes instead... The sad part is, the original companies are the ones creating parts for us... the knock off companies are just copying them and making money off others work... Now that may seem well and good, but remember this, those companies which copy the good stuff, don't know anything about making the good stuff.
Old 09-10-2008 | 03:13 PM
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why is there 2 threads about dis topic
Old 09-10-2008 | 03:17 PM
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This is ghey.
Hope they pick themselves up and start over.
Old 09-10-2008 | 03:26 PM
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Sucks anus...I really like Greddy parts.

The Greddy Evo is my favorite exhaust.
Old 09-10-2008 | 03:29 PM
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Originally Posted by Shin RS
Looks like it for now... Hopefully another company will invest in them and restructure to match the changing economic climate in japan... Unfortunately it doesn't look good, the tuning industry in the home market and abroad is shrinking and getting investors for a shrinking market is kinda hard...

People don't care about knock offs as much any more, and with price being a major point in making a purchase, alot of people go with fakes instead... The sad part is, the original companies are the ones creating parts for us... the knock off companies are just copying them and making money off others work... Now that may seem well and good, but remember this, those companies which copy the good stuff, don't know anything about making the good stuff.
I hope another company will come in and invest Trust/Greddy. Much like how Tanabe bought Speed Star Wheels and brought them back from shutting down.

Very well said about the knock off market.
Old 09-10-2008 | 03:57 PM
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whaatt?

man.. a quality company down the drain?

thats just unfortunate..
Old 09-10-2008 | 04:29 PM
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What?! Wow, it sux to hear such a great company go down the ****ter because of Knock-Offs taking the market away from them. But lets be honest, we can't blame them totaly. I admit, original companys like Greddy do deserve all the credit in the world for creating there great designs. But I give just as much credit to some (Not all) knock off companys for taking that original design, maintaining the quality of the original, and producing it for a much lower cost, and passing those saving to the consumer.

Now, I admit....I'm guilty of buying knock off parts, most of us here are. A great example is ROTA Wheels and Kakumei. IMO, As long as the knock off are just as great or better in quality as the real deal, I don't see any negative reason why not to buy them. Fraction of the cost , looks the same, proforms the same, and is built with the same or better quality. It's a no brainer which one to buy, considering today's economy. Unless you have a large income.
Old 09-10-2008 | 04:42 PM
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My wife has a Greddy Evo 2 on her IS 300, it's well made and sounds nice. Maybe it's time to do the same for the Suby???
Old 09-10-2008 | 04:44 PM
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I have a Greddy header on my car,and I remember when I first got it.
I wanted to hump it, or did I ??? I don't remember,but totally sad news!!
Not that I could afford anymore pimp Greddy stuff anyway!!
Old 09-10-2008 | 04:52 PM
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^^lmfao!

ported and polished it huh?
Old 09-10-2008 | 05:04 PM
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My problem with "passing on the savings" is that they're not developing the parts... Alot of the cost of manufacturing new parts goes into R&D, paying people with nice engineering degrees and nice shiny equiptment and dynos to go out and design a new exhaust, intake, cams, body parts etc. These people design a working part from nothing but an idea... That's part of why you're paying more. These knock off part makers are only picking up sales because they don't have the overhead and cost of creating a new part, they just copy someone elses work and sell it for cheaper. A factory full of underpaid workers cost less than a factory full of underpaid workers, an engineering department, and tuning equiptment. That's where your savings comes from, not some altruistic goodwill from a guy in china...

Btw, there is no way in hell rota wheels are better then work or the volks that they copy... I also haven't seen a knock off part yet that is better in workmaship or quality than the original. I know that everyone's out to save a buck, so they will do what they feel is best for them... Of course, bad economy + buyers buying replica parts from other distributors can mean death to a legitimate company... thus one less innovator in the industry.

And there is a cure for high prices... Save money before making a purchase.



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