sad news HKS USA closing its doors

[revcyanide]

taken from Dsport's news

[KrazyS13]

Doesn't surprise me at all unfortunately... This country is fucked right now.

[tricky_ab]

God damn it! Here's to even higher prices getting stuff shipped directly from J-Land...Oh and this should kick off a "knock off" debate.

[revcyanide]

this doesnt have much to do with the knock off thing

this is because the US dollar is becoming worthless and it is bad buisness to keep a niche buisness in the US

[Magical Trevor]

Originally Posted by tricky_ab

God damn it! Here's to even higher prices getting stuff shipped directly from J-Land...Oh and this should kick off a "knock off" debate.

Blame it all on megan and ISIS.

[MidwestMyriad]

Originally Posted by Magical Trevor

Blame it all on megan and ISIS.

Watch or read the news sometime, or read some of the posts before yours, I highly doubt ISIS and Megan are responsible for the downfall of HKS USA.

I would blame poor marketing/advertising before other companies

[Magical Trevor]

Originally Posted by MidwestMyriad

Watch or read the news sometime, or read some of the posts before yours, I highly doubt ISIS and Megan are responsible for the downfall of HKS USA.

I would blame poor marketing/advertising before other companies

Sarcasm homie.

[Fred Allen Burge]

This is good news. In my opinion when you see "fart cans" and interfoolers on civics in MY little bitty town the scene has gotten too big and main stream, good time for the cycle to shift around.

[MidwestMyriad]

Originally Posted by Magical Trevor

Sarcasm homie.

mssgltth..

[SinGarage]

Very sad news indeed. I've been a fan of their products since late 80's and early 90's. Hopefully things will look brighter in the future and would reluctantly open their doors again here in the US.

[!Zar!]

I thought they were already closed in the states.

OH WELL

[NINJASPY]

when is the last time anyone bought anything brand new from hks?
knock offs are part of the problem.

[Magical Trevor]

Originally Posted by NINJASPY

when is the last time anyone bought anything brand new from hks?
knock offs are part of the problem.

Sad thing is that it's true. All my HKS product have been bought used, or bought BNIB second hand.

[revcyanide]

I agree knock offs hurt their sales.
HOWEVER i can garuntee knock offs or not, if the US dollar wasnt horrible, and japan wasnt wrecked with earthquakes, they would stay in the US.

[sidewaysil80]

Originally Posted by NINJASPY

when is the last time anyone bought anything brand new from hks?
knock offs are part of the problem.

no, the people that buy knock offs couldn't afford to buy real stuff in the first place, therefore hks isn't "losing" money to knock offs. if i can AFFORD to buy and hks intake i'm not going to say "gee let me get a knock off instead". but the poor person who can't afford real hks intake will most def look for a knock off. not too mention how many people look in the for sale section before they buy a part to try and find it used? THATS prob the biggest killer to all these car part companies. with that being said, all you dudes that are hating and flaming people for buying knockoffs...if you've ever bought one of their parts used...you're just as responsible, so get off your high horses.

[camaro379ss]

Originally Posted by sidewaysil80

no, the people that buy knock offs couldn't afford to buy real stuff in the first place, therefore hks isn't "losing" money to knock offs. if i can AFFORD to buy and hks intake i'm not going to say "gee let me get a knock off instead". but the poor person who can't afford real hks intake will most def look for a knock off. not too mention how many people look in the for sale section before they buy a part to try and find it used? THATS prob the biggest killer to all these car part companies. with that being said, all you dudes that are hating and flaming people for buying knockoffs...if you've ever bought one of their parts used...you're just as responsible, so get off your high horses.

Nicely stated.

[lawrenceyang]

Originally Posted by sidewaysil80

with that being said, all you dudes that are hating and flaming people for buying knockoffs...if you've ever bought one of their parts used...you're just as responsible, so get off your high horses.

and i doubt very many people on this forum have bought brand new hks parts

[fightinchunk]

Originally Posted by sidewaysil80

not too mention how many people look in the for sale section before they buy a part to try and find it used? THATS prob the biggest killer to all these car part companies.

so zilvia killed hks. gotcha!

[sidewaysil80]

Originally Posted by fightinchunk

so zilvia killed hks. gotcha!

ummm, no. the US used part market potentially played a large role in the closing of HKS USA.

[MidwestMyriad]

"The Dollar Index slid to the lowest level since 2008, Treasuries rose and gold rallied to a record after economic growth slowed. The Standard & Poor’s 500 Index climbed an almost three-year high as rising earnings and takeovers overshadowed the report on gross domestic product.

The Dollar Index tumbled 0.6 percent at 4:10 p.m. New York time after slumping to 72.871, an almost three-year low. It declined for an eighth straight day, its longest slump since 2009. Ten-year Treasury yields lost five basis points to 3.31 percent, gold jumped as much as 1.4 percent to $1,538.80 an ounce and silver rose for a second day. The S&P 500 climbed 0.4 percent to 1,360.48 while the Russell 2000 Index of smaller U.S. stocks rallied to a record for a second straight day."

-Just an excerpt

[towlie]

Wasn't Greddy having major financial issues aswell ?

[SinGarage]

Originally Posted by towlie

Wasn't Greddy having major financial issues aswell ?

Yes, I think they have filed for bankruptcy recently. I don't want to think it but they are pretty close to being on their way out also.

[Brentbohn]

Greedy Greddy drift tax will put them out soon enough

Originally Posted by towlie

Wasn't Greddy having major financial issues aswell ?

[SinGarage]

Actually you wouldn't probably see those fart cans or interfoolers if it wasn't for knockoffs being so cheap and readily available. I remember back in the days it took me almost 6 months to get my HKS manifold and TO4E turbo for my turbo II. Cost me almost 2 grand and that was a lot of money back in the early to mid 90's. Specially someone who has barely making money, having rent, and going to college lol.

[Brian]

JDM is dead.

[MidwestMyriad]

Originally Posted by Brian

JDM is dead.

Nooo!!!!

YouTube - Weezer-Say It Ain't So Lyrics

[EDacIouSX]

I don't think knock off is the problem, i think a lot of it had to do with that they didn't really sell anything too interesting. HKS is a big name but I never perceived HKS as an outstanding company in any particular field except the FCON Vpro. Speaking of which, I still need a fcon vpro 3.2 or above if anyone is selling... ha.

[Brian]

Coming from a JDM company, I can tell you that knock offs ARE a problem. There are obviously other problems out there (bad economy, incorrect business style, bad marketing, etc.) , but knock offs do create a big problem.

[EDacIouSX]

Originally Posted by Brian

Coming from a JDM company, I can tell you that knock offs ARE a problem. There are obviously other problems out there (bad economy, incorrect business style, bad marketing, etc.) , but knock offs do create a big problem.

Sorry... obviously you are correct, I didn't really channel my idea correctly with words.

Yes, knock offs are definitely a problem, without a doubt. If all this cheap crap out there wasn't sucking up demand/changing trends, hks would have more customers.

What I was trying to say I never really wanted to buy HKS stuff cause I didn't really perceive them as anything excellent in any particular field. Especially modern times, they kind of lost their cool factor. That 80s? 90s paint scheme was kind of cool.

[ZilviaKid]

they should have waited a week, new fast and the furious should drive sales pretty hard for a while.