Financial situation of Apex'i?

[T0nyGTSt]

This is the 2nd time I heard this recently?

Are they ok?

T.

[Roy]

Tommy Kiara (spelling???) has gone bust, sold its design/jigs etc to that little SR powered Roadster to a pommie company.

It would seem things are tough in Japna at the moment.

[T0nyGTSt]

Mugen are in taxation trouble.

Apex'i???

T.

[predator]

Its Japan.. many companies in Japan are up the spout at the moment and have been for a while. Just look at the value yen at the moment, currently sitting on about 80 = $1AUD..whereas not too long ago our $ would have only been valued at something around 60. Its good for us in a way, shows our country is doing well compared to some.. hopefully it stays that way.

I think a lot of the production of new and exciting new cars and performance parts will be held back I think for a long while to come. They'll be around, but not quite at the level of the 90's

[Rezz]

I wonder if those rumours stem from the US branch of Apex?

My wife called the Osaka Head Office of Apex and they assured (in Japan at least) us that doing business with them, or any one of they're re-sellers would be sound.

To answer your question though, the regional offices (US and Korea) will close before anything happens in Japan. But thats unlikely. For now....

Your all right though, the economy here is worrying to say the least, but the best part about it all is that maybe, juuuuust maybe, the Aussie dollar will hit 80yen to the dollar, then we can all have Weds Sport SA-90 rims on our cars...

Btw, the name is registered here as "Apex" (pronounced A-pe-ku-su) with no "i". I know the "i" is meant to mean "integration", but thats US only.

[hippy]

yeah i always wondered why there was apex and apexi thanks for clearing that up

[BigDatto]

C's company has bankrupted. Big opportunities for B&M Racing.

[knore]

This sucks,

The more companies/devauation of japans currency = The less likely the next GTR will be out soon or come out at a descent price.

Im hoping the r35 revitalises NISSAN and starts a new technologically driven performance generation far ahead of the current status

Then i hope toyota design a new supra so the GTR atleast has some competition!

[Sonic]

Hang on, the Tommy Kaira web site is still up and fully functioning and there's recent news items on it!

www.tommykaira.com

You sure they went bust, or did they just sell the designs of the ZZRII?

[Guest INASNT]

Read today Mugen boss is in jail on tax related charges!!!! Woops

He has been in tax trouble for a long time

[rsx84]

Tommy Kiara (spelling???) has gone bust, sold its design/jigs etc  to that little SR powered Roadster to a pommie company.  

It would seem things are tough in Japna at the moment.

thats crappie! i was saving to get one of there RS1s', all this is not so good for the new parts side of things, but with the almost 80 yen = to $1 aus its all good for us to import more and more or at least afford some of the newer items from these companies...i say every one shop away...

[Evo_Lee]

old thread given life...

TommyKaira has indeed been sold off but not to a pommy company. Both founders are also working for new owners, Autobacs 7. It has been sold off for quite a while now.