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So who bouht Mitsu?

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Old Nov 15, 2005 | 05:04 AM
  #1  
Nextcar's Avatar
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MITSU bought and sold 2x in 1 week! So who bought Mitsu?

SOLD 2X in 1 week will the new buyers please stand up?

Last edited by Nextcar; Nov 15, 2005 at 01:07 PM.
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Old Nov 15, 2005 | 01:24 PM
  #2  
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Kyodo News agency said Goldman Sachs is believed to have sold the shares to a number of institutional investors in Japan and abroad in small lots since Mitsubishi Motors reported to other change in the major shareholders' list.

Just as long as someone buys the shares it should not matter. Posted from an STi owner...NextCar.
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Old Nov 15, 2005 | 04:07 PM
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man its kinda a scary thought, what if mitsu folded ? i think the only think keeping there head above water is the evo.
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Old Nov 16, 2005 | 05:07 AM
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Originally Posted by ryno255
man its kinda a scary thought, what if mitsu folded ? i think the only think keeping there head above water is the evo.
*sighs*

Mitsubishi is not making a huge profit on the Evos. The Evo is not a mainstream car, it is a low volume unit. If they were depending on the Evo to stay in business, they would have gone under a long time ago. The Mitsubishi family of companies is helping them out, plus, their sales have been improving in Europe and Japan lately.
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Old Nov 16, 2005 | 07:40 AM
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I think it is importatnt to remember that is a global company and, as stated above, is doing well or at least improving sales elswhere. The major shareholder is still the Mitsubishi group of Companies, with Mitsubishi Heavy Industries holding the largest stake. The Mitsubishi group is not going to let MMC fail. As such, all this speculation about 's health is really for naught. The entire Mitsubishi group would have to go belly-up for MMC to disappear.
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Old Nov 16, 2005 | 07:43 AM
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i think they need to straighten their act up with warranty and customer support.
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Old Nov 16, 2005 | 07:51 AM
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I guess it has been 6 months time from the last "OMG Mitsu is going under" post
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Old Nov 16, 2005 | 07:51 AM
  #8  
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subie owners last great hope in our little friendly war is, "well, mitsu is about to go out of business..."

it reminds me of the kids, who after they get a beatdown from another kid, say "well, my mom is prettier than your mom..."
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Old Nov 16, 2005 | 08:09 AM
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Subi owners also need to realize that Fuji Heavy is not doing too well either.

Neither companies will go away though.
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Old Nov 16, 2005 | 11:09 AM
  #10  
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Originally Posted by 93civEJ1
i think they need to straighten their act up with warranty and customer support.
x2
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Old Nov 16, 2005 | 12:21 PM
  #11  
05SilverEvoVIII's Avatar
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Originally Posted by 93civEJ1
i think they need to straighten their act up with warranty and customer support.
Agree 100% if they did this i would be a customer for longer then i was planning on
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Old Nov 16, 2005 | 12:57 PM
  #12  
i11matticc's Avatar
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all mitsu has to do to win over more people is to have more competent sales people, better service, and lower their damn prices...other than the evo, none of their cars are a deal, nissan is far more car for the price and toyota is far better build quality, mitsu needs to lower prices to suite the needs of the average american...maybe they should do what nissan did and have an engine thats very adjustable that can be put in all their cars to save money on vehicle cost...it worked wonders for nissan...but leave the evo as is
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Old Nov 16, 2005 | 04:50 PM
  #13  
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Just a mistery that was bought & sold 2x

Originally Posted by little
Subi owners also need to realize that Fuji Heavy is not doing too well either.

Neither companies will go away though.
Bought by Goldman Sacks and resold next week to mystery buyer the following week ????? see linkLINK buy & sell Fuji bought by Toyota, could be worse
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