Last year BuddyClub and Bomex went belly up...and closed there doors.

and now news that Apex has gone bust and re-incarnated as Apexera....

and Veilside are also struggling.......

You sure it's not for tax reasons .........

You sure it's not for tax reasons .........

erm no.........do companies generally go Bust....for tax reasons

Maybe the jap tunning scene is under threat of the bigger manufactuers?

i thought apexi and apexera were part of the same company, "the apex group" , just different divisions

there is talk of Oil prices increasing manufacturing costs, which affect japan as a whole

and also of manufacturers producing cars that dont lend themselves to being modified

Steel has gone up in price also... but that would effect everyone not just 1 or 2 manufactuers.

I thought veilside was a big company both in Japan and the states?

You sure it's not for tax reasons .........

erm no.........do companies generally go Bust....for tax reasons

In England they do all the time

IMHO the main reason is the competition from China where companies have access to cheaper labour and copy the Jap products and sell them @ 15/25% of the price

yeah, its like the lambo door hinges.

A good kit costs £1000+

But the chinese are knocking out mass produced versions for £200-250

Its a shame that you have someone that inovates, then someone comes along and mass produces it.

Veilside etc should have a better time once Fast and furious 3 comes out, that film sends people straight to the shops and as they have heavily invested in that film i hope they see a return.