Southeast PA General Discussion - NJ/DE/MD welcome too!
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Joined: Feb 2007
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Joined: Apr 2006
Posts: 3,976
From: Southeast PA
Originally Posted by PhillyCamoBox
ill know more tomorrow. im still 50/50 trav.. gotta love when a company screws up and refunds your loot and still mails the package...
They'll catch it.
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Joined: May 2006
Posts: 2,954
From: Philadelphia, PA
well see... i talked to the guy on the phone he said it never went through he was sorry and sent the refund request over to their "paypal dept." and they would take a look and give the refund. then 3 days later i get a package that was shipped before i talked to the guy who said it never went through.... well have to see.
My friend bought a injen SR intake from one place.... they sent him a wrx one though by accident... so when he shipped that one back to get the right one. they sent him 2 xb intakes... which they never caught. cause i have one of the 2 on my car now hahah.
My friend bought a injen SR intake from one place.... they sent him a wrx one though by accident... so when he shipped that one back to get the right one. they sent him 2 xb intakes... which they never caught. cause i have one of the 2 on my car now hahah.
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Joined: Jun 2006
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From: Sellersville Pa
Japanese tuning firm Trust/Greddy declares bankruptcy
Posted Sep 10th 2008 3:32PM by Damon Lavrinc
Filed under: Aftermarket, Tuners, Government/Legal, Japan
The market for aftermarket parts from Japan has been declining for well over five years, due in part to decreased demand both at home and abroad and the rising rates of Chinese knock-offs and other inexpensive (and dubiously built) components.
Today, one of the world's largest performance parts companies, known as Trust in Japan and Greddy here in the States, declared bankruptcy. According to various reports, Trust is approximately $60 million in debt and, after reporting a serious decline in sales since February 2008 and amassing $43 million in loan payments, filed for bankruptcy in Tokyo District Court.
Trust has been around since 1976, employs almost 200 workers and had been dealing in everything from CARB-legal exhausts to turbo systems when Greddy Performance Products was founded in the U.S. in 1994. There are several firms that will step up to fill the need of enthusiasts, assuming that Trust doesn't try to reorganize, but with the aftermarket industry down overall, we suspect this won't be the last time we'll here about a large tuner going under.
Posted Sep 10th 2008 3:32PM by Damon Lavrinc
Filed under: Aftermarket, Tuners, Government/Legal, Japan
The market for aftermarket parts from Japan has been declining for well over five years, due in part to decreased demand both at home and abroad and the rising rates of Chinese knock-offs and other inexpensive (and dubiously built) components.
Today, one of the world's largest performance parts companies, known as Trust in Japan and Greddy here in the States, declared bankruptcy. According to various reports, Trust is approximately $60 million in debt and, after reporting a serious decline in sales since February 2008 and amassing $43 million in loan payments, filed for bankruptcy in Tokyo District Court.
Trust has been around since 1976, employs almost 200 workers and had been dealing in everything from CARB-legal exhausts to turbo systems when Greddy Performance Products was founded in the U.S. in 1994. There are several firms that will step up to fill the need of enthusiasts, assuming that Trust doesn't try to reorganize, but with the aftermarket industry down overall, we suspect this won't be the last time we'll here about a large tuner going under.
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Lehigh Valley Scions
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From: Lehigh Valley, PA
^^^WOW THAT IS CRAZY!!
chris- goin good my stuff from him should be here next week
Im on vacation now at the beach...its real nice down here. I've been away since saturday and i wont be home till this saturday. Def needed a week away...I havent taken a vacation in 3 friggin years.
chris- goin good my stuff from him should be here next week
Im on vacation now at the beach...its real nice down here. I've been away since saturday and i wont be home till this saturday. Def needed a week away...I havent taken a vacation in 3 friggin years.
