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View Full Version : Apexi (Japan) goes Bankrupt


KGP
02-23-2007, 09:50 AM
Interesting stuff...
This is being talked about on quite a few forums:
http://forums.gtrcanada.com/viewtopic.php?t=12982

A little quote form one of the members that was an interesting timeline...

Yeah it was quite apparent something this was inevitable when all the rumors were flying around... here is the timeline.

Jan 2005: Huge display at TAS, lots of new products stunning show car...everything looks A-OK.

Sept 2005: Director of A'PEXi USA Toshi resigns and starts his own company.

Nov 2005: A'PEXi USA staff wondering around SEMA in staff shirt but there is no booth display.

Dec 2005: People having difficulty locating Hasegawa-san owner of A'PEXi who happens to be HKS owners brother.

Jan 2006: No A'PEXi display at the TAS. New products displayed at a single stand in the Phoneix's Power booth.

Fall 2006: A'PEXi Power FC discontinued. Parts difficult to source.

Feb 2007: A'PEXi files for bankruptcy under control of new consortium