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Old 12-28-2012, 10:19 PM   #10
Bimmubishi
Scooby Specialist
 
Member#: 48713
Join Date: Nov 2003
Chapter/Region: NESIC
Vehicle:
1888 Bellipotent
Wooden

Default

Thanks for the interest and the messages guys. It's been a long run by most business standards these days. Many of us will still be a part of the New England motorsports scene so we'll be around in some capacity, be it professional or recreational. We've been lucky to have done this for so long and owe a debt of gratitude to NASIOC and the Subaru community as a whole for their support as customers, racers and enthusiasts.

People are asking a few questions both here and on Facebook.

There are a lot of reasons for closing and we're doing it voluntarily. We're in a good place financially and professionally to make this happen. We could go on like we are forever but we're not interested in doing that. The projects we've been offered over the last couple years are less interesting, likely a result of the failing economy. There's less and less margin on parts, more state restriction on modification and fewer cars within the reach of the original STI buyer for example. STI are now more than 10k more expensive than what they cost in 2004. The market is weak and we aren't seeing signs of improvement. Those aren't excuses, just an analysis of the business we're in and the challenges we face. "Sticking it out" isn't attractive in a situation where we all have options.

Keep an eye peeled because some of us may stay in the industry in jobs that can continue to serve you and your car if you've been happy with what we've done for you. All of our emails will still work and the site will be up for a while, possibly even updated.

We'll be open until the end of Jan at least. Possibly mid FEB but we're not sure about that yet.

Thank you for everything. I can answer questions about the business for anyone who has them.

-Alex
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