Page 1 of 1

Trust/Greddy declares bankruptcy

PostPosted: Fri Sep 12, 2008 11:02 am
by PRO20B

PostPosted: Fri Sep 12, 2008 11:20 am
by swingn
That's insane!

PostPosted: Fri Sep 12, 2008 12:03 pm
by Ric
a poster on that blog wrote:Just so everybody on here knows, Greddy has not shut their doors as a company. They are still up and running, business as usual. I am a sales manager for TD Performance in Cincinnati, OH and we are a Greddy Dealer. So once again, they are not shut down, we're still placing orders and receiving parts, they are just re-structuring their company and trying to get their financial troubles in order.

PostPosted: Fri Sep 12, 2008 12:19 pm
by senator
taken from rex net

http://www.rexnet.com.au/forum/index.ph ... opic=94486

phat can you shed any light on this?

PostPosted: Fri Sep 12, 2008 1:38 pm
by T-REXX
when they are in 60million debt i doubt its living easily... once again like the Japanese Govt did for APEXI they wil be bailed out... if not sold to another company.... and ull find most of their items will move offshore for production even though alot of their products eg coilovers and exhausts are already made in TW etc

PostPosted: Fri Sep 12, 2008 4:37 pm
by Akwoo
disappointing news. should be all good.