Notices
Evo General Discuss any generalized technical Evo related topics that may not fit into the other forums. Please do not post tech and rumor threads here.
Sponsored by: RavSpec - JDM Wheels Central

MITSU going bye bye?

Thread Tools
 
Search this Thread
 
Old Jun 12, 2006 | 09:21 AM
  #1  
oldscholevo's Avatar
Thread Starter
Evolving Member
iTrader: (2)
 
Joined: Mar 2006
Posts: 425
Likes: 0
From: here
MITSU going bye bye?

my friend just came back from CA for the LEXUS GM meeting, and he told me that they got some inside news about MITSU going down in the next few month. he said better start getting some stock parts for my car. don't know if it's true or not. but I think it's going to happen soon. so watch out people. btw, he always have some good inside news.
Reply
Old Jun 12, 2006 | 09:25 AM
  #2  
Aux.'s Avatar
Evolved Member
iTrader: (1)
 
Joined: Jul 2005
Posts: 713
Likes: 1
From: Between green lights
Down for what a day or two??? Permenantly ....not likely...just my 2 cents
Reply
Old Jun 12, 2006 | 09:27 AM
  #3  
TTP Engineering's Avatar
Account Disabled
iTrader: (465)
 
Joined: May 2005
Posts: 8,824
Likes: 2
From: Central FL
Originally Posted by oldscholevo
my friend just came back from CA for the LEXUS GM meeting, and he told me that they got some inside news about MITSU going down in the next few month. he said better start getting some stock parts for my car. don't know if it's true or not. but I think it's going to happen soon. so watch out people. btw, he always have some good inside news.
Yeah and what would you expect a competitor to say at pep rallies?

If they were not concerned with competition, they would not mention Mitsu. That just means Mitsu is a player in their book.
Reply
Old Jun 12, 2006 | 09:30 AM
  #4  
ExViTermini's Avatar
Evolved Member
iTrader: (25)
 
Joined: Jan 2005
Posts: 1,761
Likes: 13
From: Virginia
mitsu has talked about pulling out of us market if their sales don't increase...they've been saying **** like this for a few years now though...

all with a grain of salt.
Reply
Old Jun 12, 2006 | 09:30 AM
  #5  
Dayton_EVO's Avatar
Evolving Member
iTrader: (3)
 
Joined: Jul 2005
Posts: 457
Likes: 0
From: In Hell, but making my way out
They just posted profits for the first time in years, don't see it happening (anything permanent that is).
Reply
Old Jun 12, 2006 | 09:32 AM
  #6  
CFaber's Avatar
Evolving Member
iTrader: (14)
 
Joined: Aug 2005
Posts: 194
Likes: 0
From: Mundelein, IL
Originally Posted by TTP Engineering
Yeah and what would you expect a competitor to say at pep rallies?

If they were not concerned with competition, they would not mention Mitsu. That just means Mitsu is a player in their book.
Unlikely that Mitsu vehicles are even on the Lexus competition radar screen.
Reply
Old Jun 12, 2006 | 09:36 AM
  #7  
Tonz of fun's Avatar
Evolving Member
iTrader: (3)
 
Joined: Apr 2006
Posts: 220
Likes: 0
From: back left stand up
Originally Posted by CFaber
Unlikely that Mitsu vehicles are even on the Lexus competition radar screen.

Toyota.
Reply
Old Jun 12, 2006 | 09:37 AM
  #8  
Eggy's Avatar
Evolved Member
 
Joined: Sep 2003
Posts: 1,056
Likes: 0
From: Toronto, Canada
these threads are scaring the **** out of me...
Reply
Old Jun 12, 2006 | 09:39 AM
  #9  
CFaber's Avatar
Evolving Member
iTrader: (14)
 
Joined: Aug 2005
Posts: 194
Likes: 0
From: Mundelein, IL
Originally Posted by Tonz of fun
Toyota.
He mentioned is was a meeting of LEXUS GM's.
Reply
Old Jun 12, 2006 | 09:39 AM
  #10  
mikiblueeyes's Avatar
Evolving Member
iTrader: (7)
 
Joined: Aug 2004
Posts: 487
Likes: 0
From: FAAAR FAAAR AWAAY :)
We had one of the largest dealer in the area changed to KIA, they gave up Mitsu last month.
Reply
Old Jun 12, 2006 | 09:40 AM
  #11  
oldscholevo's Avatar
Thread Starter
Evolving Member
iTrader: (2)
 
Joined: Mar 2006
Posts: 425
Likes: 0
From: here
like I said, he is not sure if it's true or not, just inside news from the higher Lexus people. just trying to look out for all the members.
Reply
Old Jun 12, 2006 | 09:42 AM
  #12  
blackbichGSX's Avatar
Evolving Member
iTrader: (19)
 
Joined: Feb 2006
Posts: 221
Likes: 0
From: York, PA
I don't believe this. If it were true you would be hearing it more in the mag's and news from automotive representatives. I will believe it if the information came from a wider spread of people.
Reply
Old Jun 12, 2006 | 09:47 AM
  #13  
aklucsarits's Avatar
Evolving Member
iTrader: (2)
 
Joined: Jan 2006
Posts: 344
Likes: 0
From: Philly, PA
Mitsubishi seems to be doing pretty darn good in the US recently with their product redesigns... Sales up 28.5% in the US year over year. Why would they leave the world's largest auto market - a market where their sales are experiencing a tremendous rebound??

http://www.theautochannel.com/news/2...03/002914.html

Mitsubishi Motors Reports March 2006 U.S. Sales

CYPRESS, Calif., April 3 -- Mitsubishi Motors North America, Inc., today reported March sales of 10,250 units, an increase of 28.5% compared to February sales of 7,976.

"March was a very strong month, particularly in the retail sector (up 41% from February), which is critical for the success of our dealers and our company," said President & CEO Hiroshi Harunari. "This consistent, month-over-month growth sets us up for dramatic sales increases in our new business year, which begins in April."

* Galant was the volume leader at 2,521, up 32.8% from last month's
volume.

* Eclipse closed at 2,486 and was up 44.1% from last month's volume and
up 71.2% from last March 2005's volume. This was the second best sales
month for Eclipse in the past 30 months.

* Endeavor closed at 1,290 and was up 51.9% from last month's volume.

"Our aggressive national leasing program on Galant ($199/month) and Endeavor ($299/month) continues in April," added Harunari. "We expect a tremendous month, because our exciting all-new Eclipse Spyder convertible has arrived in showrooms just in time for Spring."

Mitsubishi Motors North America, Inc., (MMNA) is responsible for all manufacturing, finance, sales, marketing, research and development operations of the Mitsubishi Motors Corporation in the United States. Mitsubishi Motors sells coupes, convertibles, sedans, sport utility vehicles, and light trucks through a network of more than 540 dealers. For more information, contact the Mitsubishi Motors News Bureau at (888) 560-6672 or visit media.mitsubishicars.com.

* -- Note: March 2005 total Mitsubishi sales were 14,776
Reply
Old Jun 12, 2006 | 10:08 AM
  #14  
evolution_racer's Avatar
Evolving Member
iTrader: (2)
 
Joined: Dec 2005
Posts: 219
Likes: 0
From: Portland, OR
No matter what happens, it's not going to get any worse than things already are. The name would be bought and Mitsu would still be around. If anything, hopefully they would start making better cars (this excludes the Evo of course) and start treating their current customers better.

Some of you might say "well then they might change the Evo or get rid of it". I think that's unlikely because the Evo is a profitable car. It's a byproduct of pre-existing yet incredibly well engineered rally technology thrown into a cheaply built sedan and priced extremely high. Nobody can say they bought an Evo for the smooth ride and low road noise

I don't think we have anything to worry about

Last edited by evolution_racer; Jun 12, 2006 at 10:11 AM.
Reply
Old Jun 12, 2006 | 10:15 AM
  #15  
hks-evo's Avatar
Evolving Member
iTrader: (2)
 
Joined: Dec 2005
Posts: 248
Likes: 0
From: your mom
mitsu is not going anywhere thats just the media blowing s**t out of proportion i work for mitsu and trust me they are not going anywhere
Reply



All times are GMT -7. The time now is 02:28 AM.