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Mitsubishi is growing?

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Old May 12, 2005 | 02:59 PM
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Question Mitsubishi is growing?

This was taken from Mitsubishi's website. I thought they were not doing so well?


WHO WE ARE

Mitsubishi Motors is the fastest growing Japanese automaker in North America. Why? An agile, streamlined organization. Dedicated employees. A standout brand. All-new markets. And some pretty hot products.

Our official name is Mitsubishi Motors North America, Inc., (MMNA) and we're responsible for manufacturing, finance, distribution and marketing of Mitsubishi brand coupes, convertibles, sedans and sport utility vehicles through a network of nearly 700 dealers in the United States, Canada, Mexico and the Caribbean.

A big job? You bet. And getting bigger every day.

We sold 345,111 new vehicles in the United States in 2002. It was our best year ever - for the fourth consecutive time. In fact, our sales have grown 81% percent over the past four years.

Last edited by zmeli; May 12, 2005 at 03:48 PM.
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Old May 12, 2005 | 03:05 PM
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yes they are doing well, some people saw that the fuso side of corprate mitsu was have some legal probs, so the classified it as the whole of mitsu was going under and backing out of america, wrong! all mitsu did was to restructe their sales so they retail more new cars instead of wholesaleing to rental companies, which means more profit, which means growth. some people are ignorant when it comes to manufacturer gossip, they take everything they hear and read as fact. stupid people, big business are for smart people
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Old May 12, 2005 | 03:10 PM
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they probably only need to sell all of the 05 Evos to double the number of cars they sold last year!

fastest growing doesn't mean much if you don't know how many they sold before. and i'm sure their market share has got to be damn low.
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Old May 12, 2005 | 03:12 PM
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please keep in mind that first quarter this year, mitsu only sold 800 evos nation wide
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Old May 12, 2005 | 03:16 PM
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Originally Posted by ultraflip
please keep in mind that first quarter this year, mitsu only sold 800 evos nation wide
since the 05's were available in 04 though could it not be possible that many of them were bought pre-Q1 ?

i think i hear you though, i don't see many mitsu's driving around other than the SUV model and Evos. maybe the new Eclipse will help mitsu move more cars.
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Old May 12, 2005 | 03:21 PM
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What I don't understand is, why is there a sad face on the title? shouldn't there be a happy face?
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Old May 12, 2005 | 03:23 PM
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Mitsubishi is growing......like a damn TUMOR.
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Old May 12, 2005 | 03:24 PM
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Originally Posted by DaWorstPlaya
What I don't understand is, why is there a sad face on the title? shouldn't there be a happy face?
maybe he was hoping they'd go under so the price of a used Evo would go up!

car price speculation - the new dotcom stock
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Old May 12, 2005 | 03:25 PM
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and dont forget that DSM still operate! Sebring is made by Mitsu alongside other DCMG vehicles
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Old May 12, 2005 | 03:33 PM
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that is a common misconception, even though they use the same parts they ARE NOT made next to each other.

Last edited by sabastian458; May 13, 2005 at 01:40 PM.
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Old May 12, 2005 | 03:41 PM
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Wink

I was looking for the confused face.
Originally Posted by DaWorstPlaya
What I don't understand is, why is there a sad face on the title? shouldn't there be a happy face?
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Old May 12, 2005 | 03:43 PM
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i believe it
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Old May 12, 2005 | 03:44 PM
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Sigh...

1. That description is like three years old. Mitsu no longer sales anywhere near that many cars a year.

2. Fuso was spun off, so the number of trucks they sell is no longer counted in with Mitsu sales. DCX owns the majority of Mitsubishi-Fuso.

3. Sebring and Stratus coupes used to be made in Normal on Eclipse chassis, but they were discontinued. There are no longer any Chrysler vehicles produced at Normal and Mitsubishi completely owns the plant. It is currently operating at like 33% capacity with one shift building Galants, Endeavors and Eclipses. The term DSM is a defunct because the joint venture no longer exists, but it is still used as an internal code for cars coming from that plant.

And they lived happily ever after. The End.
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Old May 12, 2005 | 03:46 PM
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Originally Posted by sabastian458
yes they are doing well, some people saw that the fuso side of corprate mitsu was have some legal probs, so the classified it as the whole of mitsu was going under and backing out of america, wrong!
Not to mention, MMNA is merely a small subsidiary of Mitsubishi Corporation, one of the 12 largest corporations in the world. Even if MMNA was in trouble, it would hurt Mitsubishi's corporate image worldwide to let it go under.
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Old May 12, 2005 | 03:55 PM
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Originally Posted by sabastian458
that is a common misconception, even though they use the same parts they ARE NOT made next to each other. how do i know this. i have had to call the mitsubishi engineers in cali about it. they helped me explain it to a customer who thought along the lines as most people do.
well next time you see a seibring or a stratus check the vin plate!
need I say more! They are Mitsu! As far as I know they do not sell vin plates as a seperate entity/businesses! If you want i can take pics of one and prove that my point is accurate!
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