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Another automotive company bites the dust...
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Wow! Thats heavyweight too :shock:
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Yeah, I remember when they first filed. Bad news for sure.
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Its the weiand street warrior intake...
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Sad to see so many go lately.
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they are not gone. they filed for protection from their creditors, which was a wise move since one of their creditors was going to foreclose on the loan they extended to them and liquidate their assets. now, let's just cross our fingers that they are able to produce some capital and pay a substantial portion of what they owe.
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:rofl::rofl::rofl: |
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Holley Crap! I didnt hear about the first one.
Yeah, I think this is the end if thats the case. |
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Chapter 11 = reorg. Not liquidation.
From what I read they had a lot of OE work that dried up in the past year. And I don't mean carbs. |
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I can see how some of the new aluminum carbs with the billet bodies, metering blocks and throttle plates could cost more but zinc is cheap and old technology. |
damnnn
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Yup....I paid $250 for a rebuilt 750 DP with a base setup for my car already tossed in.
- Justin |
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