The Japanese are known for their aftermarket performance products - right from exhaust systems to modchips for the ECU. One of the most well-known names in this business has been 'Trust', better known outside Japan as 'Greddy'.
Sadly however, in recent times, where cheap Chinese knock-offs are plaguing almost every industry, Greddy too was faced the brunt. The company has now declared bankruptcy, after a five year decline in sales. We hope some investment firm or tuner makes an effort to revive the brand. However, knocking off the 60-million dollar debt wont be an easy task.
September 12, 2008
And it bites the dust...
Image Source: www.dangeruss-industries.com
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