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Apexi Japan Has Filed For Bankruptcy...

WilYawn

By WilYawn,
in General Automotive Discussion

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Beer Baron Grand Master

Beer Baron

Posted
Posted
i find it interesting that people still think apex only changed thier name recently..... it has been apexera for over 3 years..... they have been on the rocks for maybe 5... surely it is not a real suprise. Hopefully a chinese company will take over like they did with buddy club, bomex etc.

c'mon Trent, if you're going to be pedantic about it and be a smart arse at least get it right! lol hehe. They changed name at the beginning of 2005 which by my rudimentary calculations is not "over 3 years". more like just barely 2 years. so it is still fairly recent. :laugh: I remember all the fuss about it at the 2005 tokyo autosalon.

Ronin 09 Grand Master

Ronin 09

Posted
Posted

it's sad Apexi is gone...

Enough with the China bashing though.

a lot of really good product comes out of China, as does a lot of rubbish.

c/f to the "made in Italy" shoes - doesn't mean they are good. Similarly there is v good and v bad stuff with this on it.

if I had some $$ I'd be investing into China now, as they'll be a power with which to be reckoned in 10 years time.

STATUS Grand Master

STATUS

Posted
Posted (edited)
c'mon Trent, if you're going to be pedantic about it and be a smart arse at least get it right! lol hehe. They changed name at the beginning of 2005 which by my rudimentary calculations is not "over 3 years". more like just barely 2 years. so it is still fairly recent. :) I remember all the fuss about it at the 2005 tokyo autosalon.

ah your right checked my photos :) i got rejected by them in jan 2005.... maybe asking to may questions about the name change and why they would not increase their market share in aus....funny cause we were greying in more PFC's than the official importer... just one of thier bad business decisions i spose.

Actually it was that autosalon HKS approached us and asked why Autobarn werent using thier acc as they needed to make up lost ground...... if aus didnt have to buy via the us im sure we would buy from em.... stoopid politics. The USA is Haemorrhaging so much that to make it viable all over seas sales go through the USA.... WTF?... our pricing instantly went up 20%.. no wonder everyone greys it in.

Edited by URAS
sinistaGTR Grand Master

sinistaGTR

Posted
Posted

Glad i got my power fc and avcr....sad to see but you have to think this day has been comming aswell....sadly i think it will happen to all our turbo powered cars.....with the world getting more and more emission controlled, surely there will be a day when our power turbo days are gone. But in saying that our dads did up V8s 30 od yrs ago and were doin cars up today so be interesting to see what happens.

Beer Baron Grand Master

Beer Baron

Posted
Posted
....funny cause we were greying in more PFC's than the official importer... just one of thier bad business decisions i spose.

agree 100%. the grey PFCs would outnumber the ones imported by access by a large factor. and I think Apex could have done very well in aus with more distributors, more marketing and realistic pricing. shame.

Actually it was that autosalon HKS approached us and asked why Autobarn werent using thier acc as they needed to make up lost ground...... if aus didnt have to buy via the us im sure we would buy from em.... stoopid politics. The USA is Haemorrhaging so much that to make it viable all over seas sales go through the USA.... WTF?... our pricing instantly went up 20%.. no wonder everyone greys it in.

yeah it's bullshit. and to be honest the few times I've had to deal with HKS japan for parts they were a pain in the arse. took farking ages to make some parts for me, and they are not so good with quoting realistic delivery dates. other japanese companies are a bit like this too, but no where near as bad as HKS. They seem to just have a bad attitude. it's not just foreigners they treat this way either. I get the same stories from japanese HKS dealers.

Slide Grand Master

Slide

Posted
Posted

This new straight to us from Apexi.

There will be no problems ordering of Apexi products, as the car parts division will keep running as normal.

We, Apexera are applying for Minjisaiseiho (I don’t know what this is called in English but if translated it means something like Civil Reformation). It’s a type of government support as part of bankruptcy law in Japan. It doesn’t mean the business is finished as yet.

The trouble came out of our other divisions of the business (home security systems, telecommunications etc).

We do not forsee problem in the near future and your orders will not be affected.

A big sigh of releif for the time being.

Les hope they get the government support to keep them alive.

:woot: Aaron

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