Trust/Greddy declares bankruptcy

[Module Unknown]

Japanese tuning firm Trust/Greddy declares bankruptcy - Autoblog

 

[GSX93DSM]

Well that sucks. Makes you wonder if company's like Apexi and HKS is feeling the same.

 

[laserspeeddemon]

I tend to question the authenticity of this article, simply because of the spelling errors. But more because there is little talk about this on other big magazines, like SCC, Turbo and High-Tech Performance, Import Tuner and the like.

 

[Deadly BlaZe]

Wow, who would've thought a massive company like that would go down.

 

[DSM_PWR]

Looks like ebay just brought down Greddy...

Collectors items...

 

[Drift_SM]

These big Japanese companies deserve a reality check after all the ridicules amounts of money that want for there parts.

 

[Deadly BlaZe]

Yeah seriously..who can justify spending $1,000 for an exhaust system when your local shop can give you same results for half the cost if not less.

 

[laserspeeddemon]

These big Japanese companies deserve a reality check after all the ridicules amounts of money that want for there parts.

I, geesh man, give it a rest. Build your own Turbo kit for now on.

 

[DSM_PWR]

If someone actually paid retail for their 18g.. i would

 

[DGajre777]

My girlfriend will be happy. Everything that I have bought from Greddy has been junk!
- shift knob lost its coating in 2 months
- oil cap started leaking in a month

Greddy .

 

[steve]

Gee, what value add can a company stick into a shift knob and an oil cap other than the logo. Why would you buy those from them?

 

[DSMunknown]

I had to steer Dee back to OEM.

 

[redboosted97]

I absolutly hate greddy/trust I believe there parts are run of the mill garbage. Too me most of their stuff is just like injen/ mass produced junk. There north american headquarters are in NJ I wonder if someone close can go ask them if they know anyone that works there.-JOEYD

 

[91tizzy]

although I am still using it as a gauge...my greddy profec's boost control solenoid went out so I had to resort to other "cheaper" ways for boost control up until that point I didnt have a complaint....wonder if this has anything to do with fleabay or not

 

[99gst_racer]

Kinda scarey.
I sure hope this isn't a sign of things to come.

 

[DGajre777]

Gee, what value add can a company stick into a shift knob and an oil cap other than the logo. Why would you buy those from them?

In this case, I didn't get what I paid for. My expensive junk was just as bad as the cheap junk.

I expected the counter weight shift knob to take more than 2 months of wear and tear before I had to send it to get it powder coated.

My stock oil cap lasted 8 years, I expected something that costs 3 times as much to last at least 1/4 of 8 years. I got an OEM Evo oil cap and have been happy since.

I had to steer Dee back to OEM.

 

[Project2G]

it just means somone new will buy them and restructure the company

 

[Flash]

I'm not too shaken by the news. Was never really a Greddy fan.

 

[crimsondragon]

More of an Apex fan really. Rockin' their AVCR and maybe soon their limited edition blue faced turbo timer as well. Maybe they can buy out Greddy and liquidate them.

 

[Nekoni]

If PWR ever goes down, I will be pissed!

 

[AW4G63]

I guess they didn't realize that people that their demographic was 16-25 year old kids with no money and a primer covered car hoping around with $50 ebay coil overs.

Step up and meet the markets demands or step out. That's business.

 

[7"exhaust_tip]

Funny how alot of you guys are dissing greddy, when probably over half of you are still running their bov.

 

[crimsondragon]

Forge for me.

 

[Freerevving]

Greddy charges big $$ for Ebay quality stuff... the fact that everbody caught on to that is probably what drove them out of business... That's the attitude of a lot of Japanese businesses: if it costs more, people will buy it. Not all of them believe in dominating the market with good quality. That's not to say that everything was crappy that they labeled "Greddy".

HKS also charges ridiculous prices... their stuff is at least good quality, sometimes extremely high quality... but they have the same attitude.... you just don't get your money's worth

 

[wont_luz]

TiAL ftw! No but really, I like GReddy's exhausts a lot, it's a shame, but they were pretty pricey.