trust | The Motor Report: Auto News And Reviews

TRUST And GReddy Back From The Brink

Way back in September last year, we reported that renowned Japanese after-market performances parts manufacturer TRUST had found itself in debt to the tune of AUD$91.5m and had filed for bankruptcy. It said then that it planned to use this protection to get the business back on its feet.

The good news today is that the company has [...]

Business As Usual For GReddy

With Trust having recently filed for bankruptcy, Trust’s American arm, GReddy, has now responded to consumer concerns assuring them that the financial difficulties faced by Trust Japan will have little to no affect on GReddy’s US operations.

Trust has filed for “Minji-saisei-hou”, which equates to Chapter 11 under the US Bankruptcy Code. This allows Trust to continue operations [...]

Japanese Tuning House Trust/GReddy Files For Bankruptcy

Best to get in quick if you’re in the market for a T88 turbo as Teikoku Databankas, Japan’s largest credit research company, yesterday announced that Japanese tuning firm Trust has just filed for bankruptcy in Tokyo’s District Court.

Known as GReddy in the states, Trust is reportedly USD$60 million in debt and has opted to shut [...]

Scooter Licences Now Easier to Get in NSW

NSW: ah yes kiddos, things are in a right old mess up here in the ‘rum, buggery and the lash’ state. Politically speaking that is. We’ve got the on-going mess we loosely call City Rail, the desalination cock-up, a budget with more bits hanging out of it than an octogenarian’s underpants… and that’s just the [...]

Hyundai Celebrates 100,000 Getz Sales, Announces Plan to Sell Even More

Hyundai has announced that it has recently achieved 100,000 sales for its Getz compact car in Australia. To celebrate the milestone, the Korean automaker is launching a campaign to help get rid of even more Getz’s from its showrooms.

Of course, it’s all a pretty flimsy excuse to clear the decks of the by-now-outdated 2008 [...]

The Real McCoey - Power and Torque Talk

In order to properly ascertain what Power and Torque actually are, it is essential to have an understanding of what the two terms really mean as opposed to the gut-level understanding you may feel you have.

Trust me, the explanation the ‘old man’ may have given you while you were perched over the open bonnet [...]

The Boys Are Back in Town

As has been reported around the traps for nearly a year now, the most unapologetically ridiculous series of car movies is back for another slice of career-dooming action.

You know what, I feel like I’m cheating myself here. I’m trying to sound like I don’t at all enjoy The Fast and The Furious movies, and [...]

Holden fires up Pontiac G8 production

Its been a long time coming and US based Pontiac fans are probably getting quite impatient by now, but finally we can report that GM Holden have fired up production of their VE Commodore based Pontiac G8 at their Elizabeth manufacturing plant in Adelaide. The good news for Holden is that the mix of vehicles [...]

First production Jaguar XF rolls off the line

In what I believe will be the start of a turn-around in Jaguar’s fortunes (assuming that One Equity Partners isn’t the successful purchaser in their current sale), the first Jaguar XF rolled off the companies Castle Bromwich based production line.

“Number one” is a Vapour Grey 4.2-litre SV8 and it will enjoy a long and [...]

Audi not our competitor according to BMW Oz boss

In a recent interview with GoAuto BMW Group Australia managing director Guenther Seemann made some very interesting observations.

“When you look at the statistics, we have here two competitors in Australia – one comes from Stuttgart and the other comes from Japan. It is not up to me to decide who our competitor is, the customer [...]

‘Click’ go the cameras as 2007 Easter road toll climbs

We are coming to the end of another Easter holiday period and like every Easter, people have tragically died on the countries roads. This gives the mainstream media plenty to write about as they update the death toll on a daily basis. Earlier today that count had reached 21 dead.

Ever vigilant and raising funds to [...]