GReddy Performance Products hopeful for the future. [Archive] - Zilvia.net Forums | Nissan 240SX (Silvia) and Z (Fairlady) Car Forum

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sTalnOut

10-10-2008, 06:21 PM

As of today OCT. 10 2008 GReddy Performance have file Chapter 11 for reorganization.....This is so bad :cry: what is this whole market coming to?

http://greddy.com/news/greddy101008s.jpg

RiversideS13

10-10-2008, 06:45 PM

wow, i hope HKS will hang on there

Brian

10-10-2008, 07:35 PM

Did you actually read the Press Release?

luftrofl

10-10-2008, 07:40 PM

Did you actually read the Press Release?

Seriously.

"GReddy Sales, customer service, R&D and operation will continue to conduct business as usual, through this process."

People need to learn to read the whole article before jumping to conclusions.

imotion s14

10-10-2008, 08:47 PM

lol I was gonna say I wonder if this had anything to do with the credit freeze in banking.. sure enough I clicked on it and that was it. It's really been tough on small and medium sized business.