This past September, Trust Co. LTD – the parent company of GReddy Performance Products in the U.S. – declared the Japanese equivalent of Chapter 11. According to a release from the aftermarket parts supplier, Trust has successfully completed the reorganization process (known in Japan as Minji-Saisei-Hou) and is hoping to be completely back on its feet within the next few months. During the reorganization, both Trust and GReddy have maintained its workforce here and abroad, developed
In a follow-up to our previous post about Trust's bankruptcy filing in Japan earlier this week, GReddy – Trust's U.S. arm – has issued a press release (available after the jump) to assure Stateside consumers that all is well and operations will continue in the U.S. unabated.
Nissan's VQ35DE engine began a rush of aftermarket development when it was thrown into the 350Z in 2003. However, come 2007 Nissan decided that the single throttle body setup of the 3.5L V6 engine did not amount to the best performance (aka they had to beat BMW in the power wars) so they added another, thus producing the VQ35HR. Of course this move on Nissan's part left the aftermarket world standing still as many popular performance products, particularly forced induction systems, developed for