There’s more than a few Toyotaku who come to JNC because, let’s face it, most of the exciting machines in the automaker’s portfolio are in its past – RWD Celicas, Supras, Sports 800s, MR2s, twin-cam Corollas and the glorious 2000GT. But ever since the Celica and MR2 Spyder were given the axe in 2005, the wealthiest car company in the world has been missing some excitement in its lineup. Some say that the drought began a full decade ago, with the discontinuation of the 1998 JZA80 Supra. Regardless of the exact date, nowadays the Big T is known more for sensible but bland people movers than pulse-quickening sports cars.

However, according to the New York Times, this could all change if Akio Toyoda, grandson of founder Kiichiro Toyoda, becomes president of the company. (more…)

Last month the bankruptcy declaration of Trust, one of Japan’s most respected tuning houses and parent company of GReddy, surprised many in the Japanese auto aftermarket industry. But it looks like they will stay afloat to fight another day. Rumor from Japan has it that Nippon Seiki, makers of Defi brand gauges, will supply the necessary cash infusion needed for Trust to continue normal business operations. Defi has been a supplier of gauges to Trust for a while now, and their finances seem to be on the plus side. That’s good news, but we’re not if sure this is just a temporary fix for a much bigger issue – the overall decline of car enthusiasm in Japan. We hope that companies as storied as Trust can continue to support Japanese car enthusiasts like they have since 1977, but only time will tell.

[Image: Trust]

Note: update below the jump.

A Japanese credit researching company is reported yesterday that Trust, mega Japanese tuning firm and a mainstay of the import scene, has filed for bankruptcy at a Tokyo District Court. You may know them by their US brand name, GReddy, makers of all manner of suspension, engine, brake and turbo kits. (more…)