So, Greddy just declared bankruptcy - Miata Turbo Forum - Boost cars, acquire cats.

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Old 09-10-2008, 07:03 PM   #1
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Default So, Greddy just declared bankruptcy

http://www.autoblog.com/2008/09/10/j...es-bankruptcy/

I blame Begi and their S kits. jk.
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Old 09-10-2008, 07:05 PM   #2
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I just heard about that...first thought ws thaat BEGi was gonna get a few more orders, lol
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Old 09-10-2008, 08:00 PM   #3
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Wow. Wonder if they'll try to reorganize and get back into the game...
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Old 09-10-2008, 08:21 PM   #4
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Spent a few minutes reading through all the comments. Lot of people bemoaning how Greddy's products were of a high quality, their service excellent, etc. Scary- if Greddy is what these folks consider high quality, I'd hate to see their definition of garbage...
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Old 09-10-2008, 08:50 PM   #5
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Quote:
Originally Posted by Joe Perez View Post
...if Greddy is what these folks consider high quality, I'd hate to see their definition of garbage...
Just to play devil's advocate - their Miata kit seemed to be the exception rather than the rule.
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Old 09-10-2008, 08:52 PM   #6
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Originally Posted by kotomile View Post
Just to play devil's advocate - their Miata kit seemed to be the exception rather than the rule.
I'd go a little farther and say their TURBO KITS, in general, were an exception ...everything else seems to have been designed and built fairly well IMO.
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Old 09-10-2008, 09:18 PM   #7
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sales decline since FEBRUARY 08 has put them 60 mil in the hole? qué la cogida!
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Old 09-10-2008, 10:44 PM   #8
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Ohhh nosezz, now I'll never be able to get my Turbo kit serviced.


Maybe their $10 oil wasn't selling....

Chris
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Old 09-11-2008, 12:03 AM   #9
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look at it this way... in 20 years all of you with greddy kits will have a rare and hard to find upgrade for a very popular classic car.
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Old 09-11-2008, 12:18 AM   #10
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holy crap cakes,

this is big,, this is like epic big

how does a company like greddy go 60 million into debt ,,, wtf were they doing?
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Old 09-11-2008, 01:25 AM   #11
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God help me if I still have a miata in 20 years..
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Old 09-11-2008, 01:30 AM   #12
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Quote:
Originally Posted by Arkmage View Post
look at it this way... in 20 years all of you with greddy kits will have a rare and hard to find upgrade for a very popular classic car.
Yea, im sure the guys with the BBK kits thought the same thing in the early 90's.
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Old 09-11-2008, 09:04 AM   #13
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God help me if I still have a miata in 20 years..
Id love to be driving a 40 year old car woot!

kinda sucks to hear this news... but maybe not Idk I cant afford a turbo yet...
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Old 09-11-2008, 10:29 AM   #14
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Friends got one of there TT 350z kits and its really nice, not like the Miata crap, hos also was $5500
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Old 09-11-2008, 11:47 AM   #15
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Quote:
Originally Posted by kotomile View Post
Just to play devil's advocate - their Miata kit seemed to be the exception rather than the rule.
Same here. Everything I've seen and used (exhausts mostly) from greddy has been very high quality except the Miata turbo kit.
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Old 09-11-2008, 01:09 PM   #16
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Quote:
Originally Posted by Joe Perez View Post
Spent a few minutes reading through all the comments. Lot of people bemoaning how Greddy's products were of a high quality, their service excellent, etc. Scary- if Greddy is what these folks consider high quality, I'd hate to see their definition of garbage...
Quote:
Originally Posted by kotomile View Post
Just to play devil's advocate - their Miata kit seemed to be the exception rather than the rule.
Quote:
Originally Posted by KPLAFIN View Post
I'd go a little farther and say their TURBO KITS, in general, were an exception ...everything else seems to have been designed and built fairly well IMO.
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Originally Posted by TurboTim View Post
Same here. Everything I've seen and used (exhausts mostly) from greddy has been very high quality except the Miata turbo kit.
Obviously none of you have seen their products. Even the Miata Turbo Kit, that you call crap, was as good a quality as the stuff I have seen from Begi and FM. It didn't have all the "big power" mods included like they do, but they also don't have a CARB sticker on them. All their kits fit perfectly, worked perfectly, and looked nice. I have seen a whole range of their kits; Supras, Hondas, Acuras, Miatas, MR2s, etc. They never had issues when installing, like most kits do, and the instructions were spot on. They were one of the few companies whose products would fit without modification 99.9% of the time.

Nothing has come down saying they were closing, so Greddy is still in the game. Much like most of our airlines, bankruptcy isn't the end.
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Old 09-11-2008, 01:29 PM   #17
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Wow, really? I don't think I've ever seen a Greddy kit that DIDN'T need some sort of modification even if it is minor to fit seeing as how most of them were designed for a right hand drive car and never redesigned for us before selling them here.
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Old 09-11-2008, 01:36 PM   #18
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Quote:
Originally Posted by ray_sir_6 View Post
Obviously none of you have seen their products. Even the Miata Turbo Kit, that you call crap, was as good a quality as the stuff I have seen from Begi and FM.
I beg to differ.

While I acknowledge that my hands-on experience with them is limited to their 1.6 Miata kit, and that said kit is a very early product for them, I would not say that it is anywhere near the quality of the kits from FM / Bell. And understand that, by "quality", I'm referring both to the quality of the design and the quality of the manufacture.

First, the damn thing was designed for a RHD car, meaning it doesn't really fit right on a LHD car. The air filter rubs against the brake lines.

The FPR that they supply is non-adjustable, and is entirely too rich as pre-set.

The turbo itself, while a decent quality Mitsu unit, is not water-cooled.

The air filter is garbage, and its housing is known to come unscrewed resulting in the ingestion of the two little nuts that hold it together.

The rubber couplers they supply harden and crack rather quickly, unlike the silicone parts supplied by others.

Have you actually looked at the cast-aluminum intake pieces? Might as well install a restrictor on the compressor outlet. And WTF is up with re-using the stock flexible plastic crossover pipe? You know, the one with the bellows that bursts under boost.

Don't get me started on the oil drain...

The downpipe looks like it was cobbled together out of drinking straws by a blind Chinese war orphan.

The instructions that they include are a copy of a copy of a copy of a copy. I actually drove up to their office in Irvine to request a clean set, and they don't have one!

The kit P/N on the CARB sticker does not match the number on the CARB paperwork.

They have essentially no customer support. I tried for two weeks to get them to mail me a replacement CARB sticker (mine was missing when I bought the kit new from an authorized distributor) and they never did send me one despite multiple promises and a lot of phone tag. This was the primary reason why I had to take an afternoon off of work and make the aforementioned drive to Irvine.
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Old 09-11-2008, 01:37 PM   #19
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Quote:
Originally Posted by KPLAFIN View Post
Wow, really? I don't think I've ever seen a Greddy kit that DIDN'T need some sort of modification even if it is minor to fit seeing as how most of them were designed for a right hand drive car and never redesigned for us before selling them here.
The only time I have seen an issue was when they had a JDM front on an Integra. Had to modify the IC pipes to fit. And just recently a V6 eclipse exhaust didn't line up.
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Old 09-11-2008, 01:51 PM   #20
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I just read about this on another forum too. It is a shame as the Evo 2 exhaust has to be one of my all time favorites on just about any car.
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