Mitsubishi's as well as many other manufacturer's lineup is so small, that if just a few market segments fail, so will the companies. Where as on the other hand you have a company like toyota with over 40 models world wide, so it's safe to say they have every base covered. It would therefore take a gigantic market collapse in order to take toyota to the grave. GM would be in a similar position to toyota if they didn't have the union pulling them down to hell.

 

As I said before Mitsubishi's problems are not near as bad as for the larger companies such as Nissan that will have to cut 20,000 jobs.

http://www.guardian.co.uk/business/2...recession-jobs

The phrase 'the bigger they are, the harder they fall' applies as when nobody is selling cars the companies with the largest overhead operation costs are the ones that get hit the hardest.

 

Japanese car makers are having a tough time with the strong Yen. It's really turned into an uphill battle for them over the past few months. MHI and FHI are facing less demand for their wide and vast array of products as well as being forced to sideline products in larger markets where the currency exchange rate is forcing those markets to buy from cheaper suppliers. Big ticket items such as cars, tractors, airline parts, personal electronics, etc have gone stone cold, really taking its toll on MHI and FHI.

How this will affect MMoA over the next year is a big question. Subaru, already in trouble in other markets, is counting on its US production plant and strong N/A sales to offset the Yen bubble that is also hurting it's largest stakeholder, Toyota.

WILD TIMES!!!!

 

Nissan has been bankrupt before, same as Chrysler.

GM's problem is legacy pensions combined with crappy product, not unions (though the first two are intertwined with the unions, I suppose).

As I said, Mitsubishi doesn't just make cars. Not even close. They cannot be brought down by poor auto sales, where that's such a tiny division of the corporation as a whole.

 

The reputations of car companies are etched in stone in peoples minds. It does not matter if GM built the world's best car. Everyone thinks they build junk. It is over for them except for the diehard loyalists. I do not think they build terrible cars, but they are not going to change anyones mind in the near or distant future. 30 years of crap is going to take a generation to undo.

 

Not only that, but they build some of the most boring cars. The design, besides the new vette, has no appeal whatsoever. I mean hell, they went how many years putting the same cubical headlights in EVERY model, and they even kept the same door handles.

 

fact is the Americans did sleep on the JDM cars. And they find themselves at least 20 years behind them.
The question they can catch up? I would say , no.
There are many reasons.
One and i think the biggest dividing point: the Japan people more precise and work precise.Also they are workers. doesn't effect them a "football monday"...
Mean time in here you lucky if in the job interview the second question is, hope fully, after what i have to do, how much paid vacation i got...
And i can go on.

Fact is they US car makers have a harder time a head of them, then i think they and an average American believes.
Look up they concept cars and you will see how off they are from the world. Many empire did fall before because they believed they are invincible. This is nothing new, just a history repeat itself.

 

Unfortunately, ALL of the things MHI produces are in weak demand. The cars are just one big ticket item among dozens that MHI produce that are feeling the effects of this shrinking economy...

The fact that they are big and diverse does not necessarily buffer them from a poor global economy. In fact, they may be worse off than GM or Ford...the airlines, electronics, farming and construction, automotive, exploratory, are all facing less demand. And all are markets of MHI products.

 

mitsubishi buying banks in the us, just make sure you know how weak they are. And they are one of the biggest bank in Japan too. Also they make tanks -ships and trains . Also aluminum etc. So you should worry about the GM and and ford not Mitsubishi.

 

bye bye MITSUBISHI pos

 

I disagree. Look at Hyundai's turnaround. Their 80's and 90's products were some of the worst vehicles ever made and now they are close to being a major power in the auto industry. Build better cars and price them accordingly and people will come.

 

bye bye BocaShula pos

 

yes i agree, You do have a point there.
But as i mentioned the biggest problem i think is, the working mentality differences between Asia and North America.

 

Doesnt help that the UAW goes on strike every other week because they wont accept anything less then $75/hour to put a door on a vehicle.

 

There's already a thread about this in the future models forum, please continue the discussion there, thanks.