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Sunday, September 21, 2008

Trust/GReddy goes bankrupt?

RE30 Evo X2

Yesterday, Japanese tuning super company, Trust, filed for bankruptcy protection in the Tokyo District Court. According to many sources, the failing company was sixty million US dollars in debt before it filed the papers at 3pm local time.

This is a huge blow to the import enthusiast community, as Trust is one of the most well respected and relied upon manufacturers of aftermarket tuning parts, but it doesn't mean Trust is down and out. We'll have further news soon.

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