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Trust Co. Ltd Japan Files Bankruptcy!

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    Trust Co. Ltd Japan Files Bankruptcy!

    This is an article taken out of the winter 2008 issue of Honda Tuning. It was written by Editor Aaron Bonk. I don't know how many people buy Honda Tuning or have scripts to it but maybe not everyone knows about this and it kind of irritates me the same as it does Aaron. This is just meant to be informative about what we do and love and maybe shed some light to soem new people about the damage it can do. Maybe nobody will care at all though. Here we go with Mr. Bonk's article.

    "By the time you read this it'll be old news, but Trust Co. Ltd. Japan---Greddy's parent company---just filed for Minjisaisei-hou, the Japanese equivalent of U.S. bankruptcy. I'll leave the speculating as of what will become of Greddyto the forum monkeys who have probably never been to Japan, let alone Greddy's Irvine, California, facility, and instead focus on the root of the problem....or at least one of them: knock off parts. Copy cat parts are nothing new, but their presence is growing and slowly deteriorating the aftermarket industry. It used to be that if somebody didn't have the brains or wherewithal to develp an original part, they would at least only copy 80% or so of somebody else's, change up the final appearance a bit at the end, and then market it as their own. If you wwere around during the late 1990s, you'd have seen all of the engine mount clones that all followed the same basic design but sprayed theirs a different color, used a different material, or sold theirs with different bolts. It wasn't right, but it was a heck of alot better than what's going on now.
    When you install something from Greddy, Nuespeed, Hasport, ARC Mugen, or any other reputable company onto your car, you know you're getting more than a pretty piece of metal, or plastic, or rubber, or whatever else it's made of. Reputable companies like these do a thing called R&D, a term the knock-offs know nothing about. It stands for research and development and it's often the only thing between something that works and something that doesn't. After that, a good company's products will undergo something called quality control. This means that they actually check to make sure that the part they're going to sell you won't fail, hurt you or your car, or kill you. Of course, eliminate both of these processes, copy someone else's work, and it's easy to sell a part for dirt cheap, just like the knock-offs. Yeah it's really hard to make a B series fuel rail that doesn't resemble another brand's, but it's obvious which companies are outright knocking off other designs and which ones are just trying to manufacture and sell something that there's a proven market for. Take a fuel rail from Benen and another from BDL, for example. I mean, jeez, they're both made of aluminum, they both have holes on each end, they both have some place to bolt up a fuel pressure regulator. Aside from minor asthetic changes like shape, size, and color, there's not a whole lot companies can do to differentiate parts like these from one another, but you can tell who's trying and who isn't. For the record, both Benen and BDL are trying. It's different than outright copying a B series Hytech exhaust header and marketing it on E-Bay as a HyTech replica., as if having the word replica in the product's title is something to be proud of now. But you get what you pay for. Sure, anyone can copy HyTech's stepped-header design and get a similar collector, but don't expect the same quality or same grade of stainless steel. Try comparing HyTech's fitment and weld beads with the knock-off's without laughing. It's hard. Unfortunately, it doesn't stop with headers. Everyone knows about the fake Mugen RnRs and Volk TE37s, the imitation Mugen lips and fake HKS exhausts. Those in the know can spot this stuff from a mile away. If you can't afford the real thing, there's alternatives that don't pretend to be something they're not.
    If Greddy's situation is any forecast for what's to come for other industry leaders, we're in trouble. Take Hasport for example. What if they disappeared tomorrow? Yeah, a shortage of B and K series mounts isn't going to happen, but who will pioneer the V-6 engine swaps? If trends continue, the knock-offs will phase out the originators, leaving nothing new to knock-off. Oh, for the record, Hasport isn't going anywhere as far as we know.
    To be fair, and contrary to how it might sound, it doesn't matter much to me what some other guy does to his own car. I'm not one to critique anyone's paint color, wheel, or engine choice unless asked, and even then, I don't really care what anyone ends up doing. I'm not losing sleep over the guy with the fake Greddy blow-off valve and i'll be the last one to flame some guy on a forum with knock-off CPF's---even if he has the fake sticker to go with them. But I don't like what knock-offs are doing to our industry, and for that Honda Tuning will continue to only showcase cars that avoid this ugly trend. Support the industry, buy the real thing."

    Maybe I just wasted alot of time typing this but I thought that maybe a few people might read it.

    #2
    Funny is that one of the cars that Honda Tech featured in that same magazine print had an eBay turbo system in it.

    Talk about the pot calling the kettle black


    Originally posted by Maple50175
    Oh here we go again. Maples other half.

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      #3
      Originally posted by Tnwagn View Post
      Funny is that one of the cars that Honda Tech featured in that same magazine print had an eBay turbo system in it.

      Talk about the pot calling the kettle black
      EXACTLY man. I understand where the guy is comming from about all of it, but they have done features on cars with the same mods he is bitching about. Who knows. I know I don't have the money for stuff but most of the time I would go with a name brand that was cheap instead of a knock-off. Then again the cheaper ones ARE knock-offs anyways but they don't have it in their part description. Who knows though man.

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        #4
        This has been covered a few months ago.

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          #5
          Originally posted by Cakeboy View Post
          This has been covered a few months ago.
          Yep old news. Sad to see a great company go like that because of knock off parts vs real parts that are tested, and CARB certified. Sucks that CARB certification costs an arm and a leg.

          The New-ish Ride
          My old Ride
          Hear my Vtak!!!
          MK3 Member #3
          I piss off people for fun.
          IA 08 Sunburn Victim #1

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            #6
            I have a real TRUST shift knob, so they got 45 bucks from me........
            VTEC DUDE!!!!!!!

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              #7
              Yeah I wasn't sure if it had been covered or not so i'm sorry about the redundantcy of this thread. I just read about it today and was like D*MN! They had good stuff.

              Comment


                #8
                repost. like a month ago

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                  #9
                  Bankruptcy doesn't necessarily mean they're going out of business.
                  Donald Trump has filed bankruptcy many times.






                  Comment


                    #10
                    http://www.motorauthority.com/greddy...ankruptcy.html

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                      #11
                      Screws up some credit hardcore though.

                      The New-ish Ride
                      My old Ride
                      Hear my Vtak!!!
                      MK3 Member #3
                      I piss off people for fun.
                      IA 08 Sunburn Victim #1

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                        #12
                        But we all know that we need knock-off brands to keep prices from going up for the brand name parts, then they would be monopolizing us, competition motherf****ker, fear of every business ovner

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                          #13
                          People that spend $100 on a knockoff version of a $500 header most likely wouldn't spend $500 on the real deal anyway.






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