the company is gone...???
http://foxsports.news.com.au/story/0...-23770,00.html
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the company is gone...???
http://foxsports.news.com.au/story/0...-23770,00.html
a sad day for honda!
I heard that the company might be run by another group - can anyone confirm or deny?
Didn't they say its running under a different name?
Its a shame to see Jnr Honda resigning.
heard this a while ago... bad news..
What a shame... :(
upon my research, i have learned that it will still contiune to operate under the name MUGEN, but just different directors.....so cool... 8)
Actually:
Quote:
The new firm, named M-TEC, will be set up on October 1 and based at Mugen's headquarters in Asaka on the northern outskirts of Tokyo, while retaining Mugen's brand name and 150-strong workforce, a company statement said.
ANDQuote:
"We will not just seek a new image or frame of mind. We need to create a new environment in which we work flat-out to maintain good relations with our associates," Nagaosa said.
Quote:
"We reached the conclusion that a new entity is necessary to continue our operations while being involved in criminal and civil court proceedings over the charges," Nagaosa said.
Unless, there's been another article... or further news... :roll:
so..company gets renamed, under new mangement...hmm..wonder if quality will still be the same??
Yeah, with a lot of take-overs it affects the product to some extent. It will be interesting to see how this affects the performance parts market and Mugen in general. I hope they only get better... (and cheaper) :P