E&G Classics bankrupt?
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Cadillac DTS Forum - 2006 through 2012 Discussion, E&G Classics bankrupt? in Past Cadillac Vehicle Discussion; Removed...
  1. #1
    Lew Shaw's Avatar
    Lew Shaw is offline Cadillac Owners Member
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    Angry E&G Classics bankrupt?

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  3. #2
    DTS2008 is offline Cadillac Owners Member
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    Re: E&G Classics bankrupt?

    wow. I was considering their grille for my 08 DTS!

  4. #3
    1BadCadSTS's Avatar
    1BadCadSTS is online now Cadillac Owners Connoisseur
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    Doubtful

  5. #4
    Lew Shaw's Avatar
    Lew Shaw is offline Cadillac Owners Member
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    Re: E&G Classics bankrupt?

    There are probably many unsold grilles and other parts in the system, it's just that you probably wouldn't have a factory warranty.

  6. #5
    Caddilack's Avatar
    Caddilack is offline Cadillac Owners Member
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    Re: E&G Classics bankrupt?

    http://www.egclassic.com/

    Their website is still up and as of 12/11, they have been posting on their featured news section for potential buyers.

    http://www.egclassic.com/news/article.php?articleid=298

    I find this rumor suspect. Not to say it is not true but the facts for me tend to prove otherwise.

    Why not call and ask them directly? 1-800-394-2774

    Edit: I just called them and got their answering machine with the standard greeting. It is after hours so that would be expected. Usually when a place is out of business they disconnect the phone line or would updated their answering machine greeting saying they have gone out of business.

  7. #6
    lpp71 is offline Cadillac Owners Member
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    Re: E&G Classics bankrupt?

    A company filing for bankruptcy protection does NOT mean they are going out of business. So there may not be an issue with orders.

  8. #7
    yourname1234 is offline Cadillac Owners Member
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    Re: E&G Classics bankrupt?

    the bank closed the doors on them, they are officially done. check how everyone has taken down listing on ebay.

  9. #8
    wastingjake's Avatar
    wastingjake is offline Cadillac Owners Member
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    I still see E&G stuff on eBay, I just checked?

  10. #9
    yourname1234 is offline Cadillac Owners Member
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    Re: E&G Classics bankrupt?

    whatever is up... is whats in stock. E&G will not be making or shipping anything out. i hear they will be back though

  11. #10
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    Re: E&G Classics bankrupt?

    I have an e&g grill and fog lights on my 14 ATS. Fog lights broke last week. Installer has told me they have shut their doors and they don't know what they can do for me. Grill was on car when I bought brand new ATS on Dec 13th of 2013

  12. #11
    Phaeton is offline Cadillac Owners Member
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    Re: E&G Classics bankrupt?

    E&G was foreclosed on by their bank on December 30th. They did not file for reorganization, the company is closed. Nothing is being made, sold or shipped.
    Usually in a bankruptcy situation like this, the bank will have an asset sale. All of the equipment, parts and complete assemblies will be sold by the bank. It's
    questionable whether this sale will be only to companies in the accessories business, or if it would ever be open to the public. Usually, banks want to sell assets
    in lots, not individual pieces. Everything down to the furniture owned by E&G will be sold.

  13. #12
    manti45 Guest

    Re: E&G Classics bankrupt?

    I just bought on the 20th an E&G black ice 2 piece fine mesh grille from usautocustoms and inquired today about the slow shipping. Usautocustoms told me that E&G have been out of business since the 27th but that they are back and they should be starting shipping out next week.

  14. #13
    stony245 is offline Cadillac Owners Member
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    Re: E&G Classics bankrupt?

    The company is out of business. They put over 40 people out of work that had been with them for many years. The two sons had been running the business for several years. The father stepped away from the daily business activity and the sons ran it into the ground because of lack of business sense. What a waste. The father is now on the hook for all the back wages due the employees.

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