Thread: Holley goes belly up

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Originally Posted by gassersrule_196

how does holley go belly up, when they own so many good selling companys???? man this is what the influx of asian parts gets you.

I disagree... they expanded rapidly in the last 10 years buying companies that were booming at the time. This ate up all their capital and now the last 2 years the after market buisness is taking a hit like everything else.
Our Company attended over 200 car shows last year only 6 of those shows showed an increase in cars. People are staying home more and holding on to their money a little tighter.
Holley will come out of his OK but will take a few years to get out of it an dthe debts to be pushed out for a while. Many times you will see someone else jump in with a influx of money to get them on their feet.