Economy vs. MitsuUSA future?

[G-spot]

I got this from a recent Motor Trend newsletter:

On the recent edition of MOTOR TREND, dark days for mitsu's line up are nearing
Motor trend has this update about Mitsubishi.

Mitsubishi, struggling to retain a six digit annual sell here, is essentially a tax write off for MITSU UFJ, one of Japans largest bank. If and when the tax write off becomes marginal,

MITSU WILL PULL OUT OF THE U.S. MARKET-PERHAPS EVEN OUT OF THE CAR BUSINESS!!!

Anyone else heard about this?

[VegasMatt]

I wouldnt doubt it, because so many dealerships are going under.

[00galantguy]

would deffintely suck but yea not surprising

[02redgalant]

:/ hyundai or kia should go under not mitsu

[XXL4G64]

i would bet some other usa car company would try and buy them.

[4-G-rim]

Never heard anything of this till now. Kinda surprised since they are starting to offer car leases again for the Lancer only. I was under the impression they were somewhat in a decent financial position to offer a lease program.

i would bet some other usa car company would try and buy them.

I doubt that would happen. All the manufacturers are struggling and wouldn't be a smart financial move these days to buy out another company.

[Shadow19]

Man fuck.. We should all just buy a chevy. Atleast we know the government will keep them alive. This is bullshit man. I swear. Oh well.. Someone will still make our parts.

[Da_silvagride]

all new to me. I thought they were in a stable position in the market.

[gtx]

It would be a shame, but IMHO they still have some ways to go before going completely out. They could bring over the Colt, it would be a more than logical move in todays market. They could build an rwd 4b11 powered coupe (ala Tiburon) and I bet that would sell better than the current Eclipse.

Oh well.. Someone will still make our parts.

Hyundai or Chrysler :D

[lonestar22]

Mitsubishi says it aint true

http://www.leftlanenews.com/mitsubis...-leave-us.html

[Blazepr24]

Mitsubishi says it aint true

http://www.leftlanenews.com/mitsubis...-leave-us.html

Yeah I got happy when I read this but then I saw it was an old ad...dated June 06!!!

They have been saying they are going to pull out since 2002.... but if only time will tell!

[Galantfan88]

damn you guys scared me here

[lonestar22]

shows that i should read the links i post before i post them haha

[4g63lover]

I thought they were in a good position too.

you know what they should do? lower the evo's price 5grand. lol

[krazienluv10]

my dream for mitsu is to be the only dealer that sells cars/trucks that are strictly SDS or perhaps turbo at a reasonable price...thats how i would differentiate myself from other dealers

[greddy]

^keep dreaming

[Jeffylou87]

This makes me sad :(

[99 galant]

i heard that they were going to close for 3 months to save $$ then MAYBE reopen

[Blazepr24]

i heard that they were going to close for 3 months to save $$ then MAYBE reopen

SO freaking pissed... I read an ad and now cant find the stupid thing I wanted to post it there.....

anyways its was saying something to the effect of why they pulled out of the Detriot Auto show for this yr and how they plan to save money so that they wont fall into the position most of the Automakers are currently in....

They said they pulled out to save money on production cost and will not produce anything "new" in the near future.... they are looking towards the direction of 4cyl Mivec engines and other styles of cars that will be "economically correct"....then it went on to diss all the other Automakers saying how thier mistake was to keep producing cars when the ones they had were not selling and caused a surplus of cars on the lot...spending more than they were making.... big 3 bailout-LOL

They hope to make an impression in late 2010-2011.... Dam I so have to find that stupid ad now!!!!

[panda]

lol.. well if mitsu ever does leave america you guys are always welcome in the honda world :D we except anyone lol.