View Full Version : Another automotive company bites the dust...
Frosty
09-28-2009, 02:41 PM
http://www.reuters.com/article/bankruptcyNews/idUSN287294020090928
Sucks...
MonmouthCtyAntz
09-28-2009, 02:43 PM
Wow! Thats heavyweight too :shock:
WildBillyT
09-28-2009, 02:50 PM
Yeah, I remember when they first filed. Bad news for sure.
NJ Torque
09-28-2009, 03:06 PM
Its the weiand street warrior intake...
blueshark123
09-28-2009, 04:02 PM
Sad to see so many go lately.
jims69camaro
10-02-2009, 07:40 AM
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.
NastyEllEssWon
10-02-2009, 08:56 AM
Its the weiand street warrior intake...
:rofl::rofl::rofl:
MonmouthCtyAntz
10-02-2009, 09:42 AM
:rofl::rofl::rofl:
Yea did that thing EVER come out?...Its was a ongoing joke on tech for months lol.
Frosty
10-02-2009, 10:29 AM
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.
I doubt they'll have the capital this time, they just emerged from it last year. Maybe they should have jumped into the hybrid market and made performance parts for those. :rofl::mrgreen:
BigAls87Z28
10-02-2009, 06:12 PM
Holley Crap! I didnt hear about the first one.
Yeah, I think this is the end if thats the case.
WildBillyT
10-02-2009, 06:13 PM
Holley Crap! I didnt hear about the first one.
Yeah, I think this is the end if thats the case.
I figure somebody will buy the carb business. As for the rest of it, who knows.
jims69camaro
10-02-2009, 09:28 PM
I figure somebody will buy the carb business. As for the rest of it, who knows.
the whole idea behind them picking up the mom&pop stores was to offer a "one stop shop" that offered everything from the carb to the intake, and beyond. not a bad business model, but the excess weight dragged them down. now that they're floundering, i wonder if they won't try to sell off some of the dead weight? they could always stick with carbs. grant's company isn't that big; certainly big enough to steal some market share, but come on... everyone has a holley carb in one of their hot rods.
WildBillyT
10-02-2009, 09:58 PM
the whole idea behind them picking up the mom&pop stores was to offer a "one stop shop" that offered everything from the carb to the intake, and beyond. not a bad business model, but the excess weight dragged them down. now that they're floundering, i wonder if they won't try to sell off some of the dead weight? they could always stick with carbs. grant's company isn't that big; certainly big enough to steal some market share, but come on... everyone has a holley carb in one of their hot rods.
See, I always thought that the problem was their carbs were always too expensive, so many people buy used ones. $400 for a carb? Really?
BonzoHansen
10-02-2009, 10:07 PM
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.
WildBillyT
10-02-2009, 10:14 PM
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.
CAT heavy equipment, right?
Jersey Mike
10-02-2009, 10:42 PM
Its the weiand street warrior intake...
asss :lol:
1972LT1
10-03-2009, 02:09 AM
See, I always thought that the problem was their carbs were always too expensive, so many people buy used ones. $400 for a carb? Really?
You get what you pay for. I will eat my Remington 12ga. before a Carter or Q-Jet will ever touch my car!!!
WildBillyT
10-03-2009, 09:06 AM
You get what you pay for. I will eat my Remington 12ga. before a Carter or Q-Jet will ever touch my car!!!
Right, but because the new carbs are so expensive a lot of people just buy used Holleys.
1972LT1
10-05-2009, 02:14 AM
Right, but because the new carbs are so expensive a lot of people just buy used Holleys.
What are you saying,Holley priced themselves out of buisness? It's either a $400 Holley or a $1200 fuel injection system.
PolarBear
10-05-2009, 12:40 PM
What are you saying,Holley priced themselves out of buisness? It's either a $400 Holley or a $1200 fuel injection system.
Or a $100-150 used carb, and a (up to) $100 for a trick kit rebuild and some of your personal time and you have a (relatively) new carb for about $250. I just got into carbs and honestly it is soo much cheaper than FI but I think a hunk of metal that is cast zinc that the mold is what, 40 years old? the bowls and body should cost almost nothing to produce. Also the carbs without the choke horns cost MORE than ones with the horn, WTF is up with that?
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.
GrandmasterCow
10-05-2009, 12:56 PM
damnnn
WildBillyT
10-05-2009, 01:12 PM
Or a $100-150 used carb, and a (up to) $100 for a trick kit rebuild and some of your personal time and you have a (relatively) new carb for about $250. I just got into carbs and honestly it is soo much cheaper than FI but I think a hunk of metal that is cast zinc that the mold is what, 40 years old? the bowls and body should cost almost nothing to produce. Also the carbs without the choke horns cost MORE than ones with the horn, WTF is up with that?
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.
Yup, that's my point. A brand new 4150 750DP is $434. You can grab a used one and trick kit it for $250 at the most.
Tru2Chevy
10-05-2009, 05:50 PM
Yup....I paid $250 for a rebuilt 750 DP with a base setup for my car already tossed in.
- Justin
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