Greddy files for bankruptcy
Thread Starter
Joined: Oct 2002
Posts: 1,199
From: Ontario, Canada
Greddy files for bankruptcy
You FI folks might find this of interest as well
http://forums.maxima.org/all-motor/5...ankruptcy.html
http://forums.maxima.org/all-motor/5...ankruptcy.html
Yeah, not overly surprised with all the knock offs on the market. You cant really blame people though. Some of these knock offs perform pretty well now, almost to a point where people are starting to question paying greddy 2-3 times as much of the cost of a knock of item for almost the same thing.
Its sad that big companies like greddy do all the R&D behind products, then these knock off comapnies come along, do no R&D and sell the same thing for a lot less. Everyone knows R&D is where the real money is dropped, if they dont do it, then look at the money they can save.
I guess i should pick up an EB/EU now, while theyre still in buisness lol.
Its sad that big companies like greddy do all the R&D behind products, then these knock off comapnies come along, do no R&D and sell the same thing for a lot less. Everyone knows R&D is where the real money is dropped, if they dont do it, then look at the money they can save.
I guess i should pick up an EB/EU now, while theyre still in buisness lol.
it's simple...just have people stop buying cheap knockoffs...but that will never happen because it's all about the bottom line and people are cheap w/ buying parts.
that's why greddy/trust is going under
that's why greddy/trust is going under
I dont belive that was their only problem. They didnt patent or copyright allot of their stuff. Look at things like their oil pans, manifolds, turbo outlets, they were unique. I wouldnt think that it would have been too hard to patent them. And i think it also had allot to do with cashflow/managment problems and not being able to adjust to the changing market.
I dont belive that was their only problem. They didnt patent or copyright allot of their stuff. Look at things like their oil pans, manifolds, turbo outlets, they were unique. I wouldnt think that it would have been too hard to patent them. And i think it also had allot to do with cashflow/managment problems and not being able to adjust to the changing market.
Also, these products (like most automobile parts, cars, etc.) are not eligible for copyright protection because they are functional.
Last edited by tsaulz; Sep 12, 2008 at 02:08 AM.
Now, the US division has filed as well : http://jdm-insider.com/Blogs/Eric/?p=1073
Thread
Thread Starter
Forum
Replies
Last Post






hope they let me lowball em for a EU half price to save the japanese division
