Japanese tuning firm Trust/Greddy declares bankruptcy - Zilvia.net Forums | Nissan 240SX (Silvia) and Z (Fairlady) Car Forum

trad1987 · 09-13-2008, 08:28 PM

I dont understand how Greddy goes bankrupt, which everyone owns at least one part from, but companies like Top Secret are still around. Top Secret comes out with the craziest cars ($$$) but their parts are sooo damn expensive. Ive only heard of people buying their shift knobs. Who honestly is buying their $4000 accord coilovers? wtf?!

driftstyre · 09-15-2008, 01:34 PM

Quote:

Originally Posted by trad1987

I dont understand how Greddy goes bankrupt, which everyone owns at least one part from, but companies like Top Secret are still around. Top Secret comes out with the craziest cars ($$$) but their parts are sooo damn expensive. Ive only heard of people buying their shift knobs. Who honestly is buying their $4000 accord coilovers? wtf?!

Top Secret also sells their cars to wealthy shieks in the middle east for crazy money. I can't imagine the amount of overhead Trust has. The machinery they have is 10s of millions, employees doing R&D etc.

anyotherone · 09-15-2008, 06:11 PM

It doesn't surprise me at all when large corporations go bankrupt. There are tons of big companies that exist only because of a paper-shuffle, not real asset value, profits, and income.

Look at GM, Ford, Chrysler, and a ton of the financial giants that are all staring bankruptcy in the face these days. The pendulum is swinging.

trad1987 · 09-16-2008, 02:45 AM

Quote:

Originally Posted by driftstyre

Top Secret also sells their cars to wealthy shieks in the middle east for crazy money. I can't imagine the amount of overhead Trust has. The machinery they have is 10s of millions, employees doing R&D etc.

But honestly, what shiek is gonna be rockin those $4000 coilovers for the civic or accord they dont have?

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09-13-2008, 08:28 PM	#1
trad1987 Leaky Injector Join Date: May 2008 Location: Mesa, AZ Age: 37 Posts: 89 Trader Rating: (0) Feedback Score: 0 reviews	I dont understand how Greddy goes bankrupt, which everyone owns at least one part from, but companies like Top Secret are still around. Top Secret comes out with the craziest cars ($$$) but their parts are sooo damn expensive. Ive only heard of people buying their shift knobs. Who honestly is buying their $4000 accord coilovers? wtf?!

09-15-2008, 06:11 PM	#3
anyotherone Zilvia Junkie Join Date: Jun 2005 Location: Dallas, TX Posts: 330 Trader Rating: (8) Rides Gallery: anyotherone Feedback Score: 8 reviews	It doesn't surprise me at all when large corporations go bankrupt. There are tons of big companies that exist only because of a paper-shuffle, not real asset value, profits, and income. Look at GM, Ford, Chrysler, and a ton of the financial giants that are all staring bankruptcy in the face these days. The pendulum is swinging.