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Trust/ Greddy declares bankruptcy

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Old Sep 10, 2008 | 02:53 PM
  #1  
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Trust/ Greddy declares bankruptcy

This is probably why the RX-8 turbo kit and many of their other products are such complete piles of worthless crap. They can't afford to do it any other way. They only make 2 things worth owning anyways. Their turbo timer and their Profec-B boost controller are it.

http://www.autoblog.com/2008/09/10/j...ptcy/#comments
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Old Sep 10, 2008 | 03:00 PM
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yikes
That boost controller was pretty nice. Hmmm, can we say "blowout" sale?
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Old Sep 10, 2008 | 03:01 PM
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I'm amazed by all the comments in that attachment mourning their passing. I always thought they were complete junk with few exceptions.
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Old Sep 10, 2008 | 03:03 PM
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LMAO, i wonder what my friends in japan feel about Trust . Think i shall call them tonight and harrass them since they are HUGE TRust Fans. lol HKS FOR EVER <^_~>

but i do feel bad though. my first Exhaust for my 1st car 89 Toyota Turbo Starlet (also had a trust blow off , turbo timer) and my 2nd car 86 Trueno was a Trust Exhaust. 3rd car 91 fc is when i became a HKS fanboy . but still wont stop me from harrasing them lol.

Last edited by alfy28; Sep 10, 2008 at 03:19 PM.
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Old Sep 10, 2008 | 03:06 PM
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I'll give Greddy credit in the sense that they're usually pretty quick to build things.
I remember when the greddy RX-8 kit came out, that thing was out pretty fast considering how new the car was.

That of course was also part of their eventual demise. Not enough R&D but those guys had ambition.

The tubing on their turbo system was pretty good, wonder what will become of the "greddy upgrade kit". Guess BHR will fix all that in a few months. Till then, these greddy kits are now Collectors Items.
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Old Sep 10, 2008 | 03:30 PM
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wow damn, that's huge news. one of the big japanese tuner companies goes down. I so agree with that first paragraph. freakin knockoffs.
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Old Sep 10, 2008 | 03:45 PM
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does this impact MM & BHR's turbo kit?
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Old Sep 10, 2008 | 04:05 PM
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^^ Nope.
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Old Sep 10, 2008 | 04:08 PM
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/\ how are they going to get the manifold & downpipe now ?
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Old Sep 10, 2008 | 04:18 PM
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that is what I was curious about.
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Old Sep 10, 2008 | 04:18 PM
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never count ray out.
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Old Sep 10, 2008 | 04:20 PM
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haha no doubt! Any day now I should be getting some parts from him
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Old Sep 10, 2008 | 04:38 PM
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relax guys, I had a lenghty conversation on the phone with Ray a few days ago regarding his Turbo.
This won't affect his Master Plans!
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Old Sep 10, 2008 | 04:40 PM
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Oh I'm relaxed!!
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Old Sep 10, 2008 | 04:46 PM
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I just got off the phone with the Man himself; this will not in any way affect his turbo kit as BHR is now in talks to acquire a portion of Greddy so that his kits can continue to be built without interruption.

That's right, you heard it here first!!
More news to follow soon
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Old Sep 10, 2008 | 04:49 PM
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WOW!! Thanks for the inside info!!
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Old Sep 10, 2008 | 04:52 PM
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Originally Posted by pdxhak


Oh I'm relaxed!!
lol classic
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Old Sep 10, 2008 | 04:55 PM
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Originally Posted by Jedi54
BHR is now in talks to acquire a portion of Greddy

WTF ? did ray just win the lottery ?
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Old Sep 10, 2008 | 05:13 PM
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you'd be surprised what you can buy when a company is going BK.
pennies on the dollar my good man.

I probably shouldn't say much more until Ray and I get a few more details worked out. (my bank is now working on making this happen)
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Old Sep 10, 2008 | 05:19 PM
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let the speculation begin - mwahaha
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Old Sep 10, 2008 | 05:26 PM
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whoa...strange things afoot at the Circle K.
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Old Sep 10, 2008 | 05:48 PM
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Greddy now bankrupt!

wow! https://www.rx8club.com/showthread.p...46#post2634546
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Old Sep 10, 2008 | 06:39 PM
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Well, this sounds pretty fkn awesome.
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Old Sep 10, 2008 | 07:08 PM
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Originally Posted by Red Devil
I'm amazed by all the comments in that attachment mourning their passing. I always thought they were complete junk with few exceptions.
^^^ wow really,,, I'd put them in the big five tuners in Japan, along side the like of HKS, BLiTZ, Apex'i, and JUN...
This is not good for the aftermarket tuner community in general times are bad when one of the big boys fall......
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Old Sep 10, 2008 | 07:09 PM
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yea, I never liked any of their products except their profec B-spec 2

I have the type S, that thing is utter crap also
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