So is it true, that they are bankrupt?
I hope not.
I hope not.
Yes, that's the company that I read about, Quality Metalcraft. They interviewed Chetcuti at the AEV Michigan Location. They seem to be real pumped about getting into the offroad market, so If it does happen, I would think it would be a positive.Yeah, I posted this same idea on another board. I don't know where the AEV rumor started but if it's based in fact, the company Streetcar USA is owned by Michael Chetcuti and Michael Collins. Chetcuti owns Quality Metalcraft and has done much of the metal stamping for AEV such as the fenders, corner protection and stuff.
Chetcuti had stated that he intended on acquiring 5 companies within 5 years to consolidate and streamline the aftermarket metal production and shipping. So, it's conceivable that some type of deal has been born between Nth and AEV/Streetcar.
It's also prudent for no one to come out and state anything until things are a pretty good surety, even as the rumors fly around.
So it appears as though the comments of going bankrupt is just Interent rumors spread by uninformed few. Reorganizing appears to be the mode. I have my hopes high for a rebirth with the backing of a well known manufacturer!Dear Nth Degree customer planning to attend WWII:
It is with great regret that we announce the closing of Nth Degree Mobility. We have suffered a series of setbacks over the past 7 months that we have been unable to recover from, and so with great regret, we have closed our doors as of last week. This also means that Wheeling Weekend II is now cancelled – with double apologies for the late notice/bad timing! We apologize for every inconvenience our sudden closure causes you, but it was not for us to decide. We have greatly appreciated all of your support over the years, as we have/had one of the strongest customer bases of any company we know of…and we’re sorry to have to disappoint all of you. We sincerely thank you for believing in us enough to buy our products and liking us enough to be planning to visit/wheel with us next weekend, but sadly this will not be possible as we will not be here nor is there a ‘here’ to gather at.
For what it’s worth, we are in talks with a well known manufacturer who may pick up and carry on the Nth Degree line of products; if that happens you will hear from them when they announce it (not sure how soon that might come).
Take care and may all of your off-road adventures be awesome!
Nicole & Jim