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autobacs bankrupt.. damn economy

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Old Feb 5, 2009 | 08:17 PM
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Thumbs down autobacs bankrupt.. damn economy

http://www.autobacs.co.jp/en/news/news_en.php?id=1181
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Old Feb 5, 2009 | 09:03 PM
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wow... I think a lot more parts companies are going to fall too ... sucks
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Old Feb 5, 2009 | 09:36 PM
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wackkkkkkkkkkk
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Old Feb 5, 2009 | 10:16 PM
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is this related to Superautobacs?
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Old Feb 6, 2009 | 07:05 AM
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Originally Posted by Cannysage
is this related to Superautobacs?
Ya i think it is related because you can see it listed on there.
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Old Feb 6, 2009 | 08:20 AM
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damn that suckkssss... my old work place.... now where am i gonna do my oil changes for cheap
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Old Feb 6, 2009 | 09:00 AM
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Super Autobacs I don't shop there, seems expensive, but it's still cool to have meets there and check out all the stuff
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Old Feb 6, 2009 | 09:01 AM
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this can't be heppening!




Originally Posted by Fito68
Ya i think it is related because you can see it listed on there.
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Old Feb 6, 2009 | 09:16 AM
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Originally Posted by m0nkie
Super Autobacs I don't shop there, seems expensive, but it's still cool to have meets there and check out all the stuff
LOL, I purchase oil and small stuff from there once in a while. They have helped me with tire mounting etc. which has always been awesome.

Not surprising though to see them in this situation. The economy sucks, but their business model was bound for failure. With the internet offering lower pricing on 95%+ of their products, it was just a matter of time before they went bankrupt with their huge overhead.
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Old Feb 6, 2009 | 09:18 AM
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Originally Posted by Rickdogg
LOL, I purchase oil and small stuff from there once in a while. They have helped me with tire mounting etc. which has always been awesome.

Not surprising though to see them in this situation. The economy sucks, but their business model was bound for failure. With the internet offering lower pricing on 95%+ of their products, it was just a matter of time before they went bankrupt with their huge overhead.
Any local guys can check and give us heads up for Out of Business Sale???
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Old Feb 6, 2009 | 09:21 AM
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Originally Posted by m0nkie
Any local guys can check and give us heads up for Out of Business Sale???
I have a friend that works there, so I can ask if they plan to lol
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Old Feb 6, 2009 | 09:28 AM
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The second store came at a bad time, the debt on the US side isn't all that bad. It's a lot but not that bad.
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Old Feb 6, 2009 | 10:40 AM
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where will everyone be able to test-fit-race-seats-and-buy-it-cheaper-online now?!
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Old Feb 6, 2009 | 11:48 AM
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Noooooooooooooooooo!!!!!!!!!!
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Old Feb 6, 2009 | 03:45 PM
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Originally Posted by Chebosto
where will everyone be able to test-fit-race-seats-and-buy-it-cheaper-online now?!

haha...
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Old Feb 6, 2009 | 04:08 PM
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Someone gave me a gift card there, I guess I need to use it before they are completely shut down.
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Old Feb 6, 2009 | 05:10 PM
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fyi: there not having a clearance so you guys know (already called my old manager)... there gonna get credit or money from there vendors ... and the liquidators are gonna buy the whole store out so they can resell everything at normal price again or 10% off..(dont know where)
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Old Feb 6, 2009 | 06:36 PM
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Bankruptcy doesn't always = store closing.
Possible restructuring.
Greddy went bankrupt and they are still around.
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Old Feb 6, 2009 | 06:40 PM
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Originally Posted by cchhaenvgy21
fyi: there not having a clearance so you guys know (already called my old manager)... there gonna get credit or money from there vendors ... and the liquidators are gonna buy the whole store out so they can resell everything at normal price again or 10% off..(dont know where)
Totally BOGUS!
They are laying people off and courting a potential buyer.
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Old Feb 6, 2009 | 06:48 PM
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they were courting me but they refused to give free oil changes to the 350 community so i declined
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