The giant of tuner from Japan, Greddy/Trust 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.
Since 1976, Trust has been around in the market. The company 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 hear about a large tuner going under.
Showing posts with label Trust. Show all posts
Showing posts with label Trust. Show all posts
Thursday, September 11, 2008
Japanese Giant Tuner- Trust/Greddy declares bankruptcy
Sunday, March 30, 2008
Trust Front and Rear skirt for Suzuki Swift
Trust developed both front and rear skirt for Suzuki Swift (ZC31S). The front skirt is made of urethane (covering type). It requires four points for the drilling process of the fender.
Meanwhile the rear skirt if made of FRP (2-piece right and left). The rear skirt is come with package of speed nut.
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