HKS USA Closing It’s Doors

Well guys, we learned that that HKS USA is closing it's doors. It's very sad that they have gone out of business, and we hope they make a comeback when they move back to Japan. The economy takes another one down

Here is a letter from Jun Toyoda at HKS USA:

April 28th, 2011
HKS Dealers & Vendors:

Since it's founding in 1982, HKS USA has been a leader in the aftermarket JDM performance parts industry with it's high quality products, and leading edge technologies. We have enjoyed an outstanding history of success serving HKS customers in the United States with the support of our excellent dealer distribution network.

Today, our industry is besieged by relentless pressures and challenges. The market for aftermarket products has been shrinking globally, and continues to do so. Significant economic recovery is yet to be seen in the United States consumer market. The U.S. Dollar has been substantially weakened. In addition, the Japanese world economies have been stricken further by the recent natural disasters in Japan.

Under the circumstances, HKS came to the decision to transfer all U.S. operations to Japan by this summer. Most likely by the end of August, HKS Co., Ltd. will serve the US market from Japan, at which time all the operation of HKS USA, Inc. will be closed.

While no final details have been set regarding the transition timing, and procedures, we would like to inform you, our important business partners who have supported us, of this decision. We will communicate more details as soon as HKS Co., Ltd. finalizes the details of the transition.

All team members at HKS USA appreciate your continuous support of the HKS Brand.

Sincerely,

Jun Toyoda
Group Chairmain HKS USA, Inc.