SchmidtMotorWorks wrote:Say, is Holley scraping by?
In venture capitalsit view no not even that good.
Aftermarket parts maker Holley files for bankruptcy
Feb 12th 2008 at 11:37AM
http://www.autoblog.com/2008/02/12/afte ... ankruptcy/
The fact that Holley and Crane weren't picked up by any kind of investors tells you what the automotive aftermarket looks like to them.
Well, looks like the future caught up to them - LOL Not sure it really means a lot though, in many cases what they are doing is wiping a debt liability off the books. Kmart filed bankruptcy a few times in the 1990's shortly thereafter purchased the much larger Sears Roebuck & Co.
I'd say that Holley is nothing more than a cash cow for the parent company(s), it's a company sorely neglected manufacturing a 60 year old product. How Holley has managed not to have any major competitors come along is both (in part) explainable and surprising. I can only speculate on the how, assuming my experiences with corruption in SoCal has anything to do with it, they've paid off dirty politicians, public employees and criminals to stifle competition - as any long established buiness with few to no competitors in LA has, you can be sure of it.
The issue of carburetion is much broader 'now days' than it would seem with implications for a "greener" future, emissions and so forth. It's not just an issue of horsepower any longer
Troy Patterson
tmpcarbs.blogspot TMP Carbs
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