GTM Performance Engineering: MHI Twin Turbo Official Release

Chuck33079 · 01-07-2014, 12:32 PM

Quote:

Originally Posted by Tb09z

Im beginning to think something is going wrong at gtm ! Starting to think they might be having financial problems . Good luck to anyone trying to get money back so far I haven't had any ! Thanks gtm !!!

After seeing what people have had to go through to get refunded, I'm starting to think they don't have any liquid cash on hand. The parts and equipment they had to buy may have made things a little tight around there.

Tb09z · 01-07-2014, 12:51 PM

That's exactly what I'm thinking might have got in over their heads . And by the way I don't even have a problem with them keeping my 25% which they made me aware of almost instantly when I requested my refund bit since then nothing!

Dzel · 01-07-2014, 01:43 PM

Quote:

Originally Posted by Chuck33079

After seeing what people have had to go through to get refunded, I'm starting to think they don't have any liquid cash on hand. The parts and equipment they had to buy may have made things a little tight around there.

Yup think about it, they had to repair the bender (not cheap), they sent 2 employees to learn how to run the machine (not cheap), and they had a technician come down to set up the machine (again not cheap).

Chuck33079 · 01-07-2014, 01:45 PM

Quote:

Originally Posted by Dzel

Yup think about it, they had to repair the bender (not cheap), they sent 2 employees to learn how to run the machine (not cheap), and they had a technician come down to set up the machine (again not cheap).

Not to mention paying for the oursourced parts of the kit. Building something like this in these quantities is a fairly cash-intensive process. As a business, you're coming out of pocket early to make it back on the back end. Once you start having issues, it can really hit the fan.

conmam · 01-07-2014, 09:20 PM

Quote:

Originally Posted by Chuck33079

Not to mention paying for the oursourced parts of the kit. Building something like this in these quantities is a fairly cash-intensive process. As a business, you're coming out of pocket early to make it back on the back end. Once you start having issues, it can really hit the fan.

Yes, right. Also running a production ( manufacturing line ) of this many kits while ensuring the best quality possible is even much more complex. GTM is conducting the entire operation on a very tight budget and this is the result.

But I don't blame them since cash is very , very difficult to come by now a day and no venture capitalists are willing to risk on this kind of business. I know some of you are pretty agitated and I can understand that completely. Let's just hope that they will hold themselves together and come out with a killer product by the end. I am still patient with them... at least for another while.

Alstann · 01-08-2014, 09:42 AM

Quote:

Originally Posted by conmam

Yes, right. Also running a production ( manufacturing line ) of this many kits while ensuring the best quality possible is even much more complex. GTM is conducting the entire operation on a very tight budget and this is the result.

But I don't blame them since cash is very , very difficult to come by now a day and no venture capitalists are willing to risk on this kind of business. I know some of you are pretty agitated and I can understand that completely. Let's just hope that they will hold themselves together and come out with a killer product by the end. I am still patient with them... at least for another while.

Agreed. While I am also becoming impatient, I still hold out hope for a kit that can deliver. For the price point, I am still happy with my pre-order buy in. Cast parts, GT series turbos, baffled oil pan? Can't argue with that. Add in your own oil cooler and supporting mods, and it's a fully done build.

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
GTM Performance Engineering 370Z SUPERCHARGER KIT PRESS RELEASE	SAM@GTM	Forced Induction	1161	02-16-2014 08:21 PM
GTM Performance Engineering: Mild 7 A/T Twin Turbo Build	SAM@GTM	Forced Induction	37	12-11-2013 12:23 PM
GTM Performance Engineering: 370Z MHI Twin Turbo Pre-Release	SAM@GTM	Forced Induction	120	09-06-2013 06:21 PM
GTM Performance Engineering stage 2 600hp supercharger kits line-up press release	SAM@GTM	Forced Induction	305	09-27-2012 03:23 PM

01-07-2014, 12:51 PM	#2 (permalink)
Tb09z Base Member Join Date: Apr 2013 Location: Louisiana Posts: 190 Drives: 09-370-blue -m6 Rep Power: 14	That's exactly what I'm thinking might have got in over their heads . And by the way I don't even have a problem with them keeping my 25% which they made me aware of almost instantly when I requested my refund bit since then nothing!