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Sept 2009: Your Monthly Evo X and Mitsu sales update

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Old Oct 2, 2008 | 02:02 PM
  #16  
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From: NashVagas
Originally Posted by adambl03
Here's the latest sales information from Mitsu...

http://media.mitsubishicars.com/deta...55522&mime=ASC

It's a little comical at this point. The press release states that Evo sales are up 154%. Wow 154% increase over the Evo IX which wasn't hardly available Sept of last year

Mitsu is throwing out this worthless percentage increase because they are embarrassed by the actual number sold of the Evo X. They probably sold only 100 units last month

Mitsu overall was down -39% vs. last year. The industry overall was down -26.6%. Mitsu did worse than the industry overall, but so did many other auto manufacturers. It's tough in the auto industry. Which means it's one hell of a good time to buy (if you can afford it)

Evo X sales so far...

April = 364
May = 351
June = 315
July = 357
August = ??? (Mitsu didn't provide the actual number sold)
September = ??? (Mitsu didn't provide the actual number sold)

If anyone can find the actual number sold in August or September, please post it up and I'll update this post.

If you look at the breakdown, Mitsu is loosing most of the sales in the SUVs not the cars. If you take cars only, they are down only ~11-12%. It is the economic downturn + gas price increases that are getting them....for some reason, the galant continues to sell more than last year, for that I have no explantion.
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Old Oct 2, 2008 | 02:15 PM
  #17  
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well when the finance banks and the government throwing the towel in, there is not much hope for car sale. Right now as i see everybody try to hang on. Instead to get a new performance ride...
At least the smart ones.
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Old Oct 2, 2008 | 03:25 PM
  #18  
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Originally Posted by jimm
If you look at the breakdown, Mitsu is loosing most of the sales in the SUVs not the cars. If you take cars only, they are down only ~11-12%. It is the economic downturn + gas price increases that are getting them....for some reason, the galant continues to sell more than last year, for that I have no explantion.
What breakdown are you referring to? I didn't see one. As far as I know, Mitsu hasn't posted official sales number by model for the month. If you can find it, we'd all love to see it. Otherwise, you're just speculating at this point
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Old Oct 2, 2008 | 04:23 PM
  #19  
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Originally Posted by spooled_u
Lots local dealers around me are still refusing to budge on all their bloated inventories of Evos... I'd love to see how much money they're losing on inventory costs when the banks start collecting interest on their floorplanning loans.
They're stupid as **** for that too, let them lose money on cars sitting there rotting. they'll learn...

Originally Posted by mike100
Any way to find out how many evos are in unsold inventory?

so it looks like there might be about 1600 evo X's actually driving around in the US???that's it?
Yup, it's ultra rare
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Old Oct 2, 2008 | 05:21 PM
  #20  
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From: NashVagas
Originally Posted by adambl03
What breakdown are you referring to? I didn't see one. As far as I know, Mitsu hasn't posted official sales number by model for the month. If you can find it, we'd all love to see it. Otherwise, you're just speculating at this point

Not speculation:http://www.reuters.com/article/econo...30052820081001
......Sept 2008 ......Sept 2007 ......% Change
All Vehicles ....... 7,378 .....12,102 ......-36.5%
Domestic Car ....... 3,996 ....... 4,484 ....... -7.2%
Domestic Truck ....... 573 ....... 3,525 ....... -83.1%
Import Car ....... 1,835 ....... 2,458 ....... -22.2%
Import Truck ....... 974 ....... 1,635 ....... -37.9%
Dom+Imp Cars ....... 5,831 ....... 6,942 ....... -12.5%
Dom+Imp Trucks ....... 1,547 ....... 5,160 ....... -68.8%
Domestic Vehicles ....... 4,569 ....... 8,009 ....... -40.6%
Imported Vehicles ....... 2,809 ....... 4,093 ....... -28.5%

....... Yr-to-Date ....... Prev Year ....... % Change
All Vehicles ....... 80,105 ....... 105,826 ....... -24.3%
Domestic Car ....... 38,880 ....... 43,984 ....... -11.6%
Domestic Truck ....... 7,131 ....... 15,623 ....... -54.4%
Import Car ....... 23,821 ....... 26,212 ....... -9.1%
Import Truck ....... 10,273 ....... 20,007 ....... -48.7%
Dom+Imp Cars ....... 62,701 ....... 70,196 ....... -10.7%
Dom+Imp Trucks ....... 17,404 ....... 35,630 ....... -51.2%
Domestic Vehicles ....... 46,011 ....... 59,607 ....... -22.8%
Imported Vehicles ....... 34,094 ....... 46,219 ....... -26.2%
-------------------------------------------------------------

Last edited by jimm; Oct 2, 2008 at 05:28 PM.
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Old Oct 3, 2008 | 01:00 PM
  #21  
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jimm, thanks for posting the chart
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Old Oct 3, 2008 | 01:15 PM
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i'm lost what this chart suppose to do with the Evo sales numbers?
help me.
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Old Oct 3, 2008 | 02:40 PM
  #23  
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Originally Posted by Robevo RS
i'm lost what this chart suppose to do with the Evo sales numbers?
help me.
It's not really showing Evo X sales numbers. Just showing, that overall, Mitsu sales are down across the board...but the majority of their downfall is currently in the Endeavor, Outlander and Raider.
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Old Oct 3, 2008 | 02:43 PM
  #24  
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not a surprise when we have a 1939 situation in here...
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Old Oct 3, 2008 | 02:51 PM
  #25  
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This is very interesting. I wonder how soon before 's demise
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Old Oct 3, 2008 | 04:38 PM
  #26  
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Originally Posted by Robevo RS
not a surprise when we have a 1939 situation in here...
A 1939 situation? You mean the end of the great depression as signaled by the upswing in the economy due to WWII ?
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Old Oct 3, 2008 | 04:59 PM
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Originally Posted by spooled_u
A 1939 situation? You mean the end of the great depression as signaled by the upswing in the economy due to WWII ?
yeah eye saw that two I think he meant 1929. This time the gov't has intervened and prevented bankers from jumping off the top floor of their nearest high-rise institution (unfortunately) as they all went home with nice severance packages...but anyways,

If you have money it is a good time to buy if you know you have job security. You can do what I did and get a car mostly paid for and the rest on a zero percent CC loan with no lien against the vehicle. If things get bad, I can pay less or walk away from the card if I find myself in a soup line (but keep my 2008 C6 ).

Another thing..the dollar has been climbing against a lot of foreign currencies for the last few weeks now. The price of oil is down (since nobody can afford to drive or fly anywhere) and commodities are up so the mining related business I'm in is popping. You won't get $5k-$10k off your dream car next year...maybe some suv's, but not the cool stuff since they will scale back production.

low interest loans might dry up too- get your cheap rides while you can (if you can).
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Old Oct 3, 2008 | 05:02 PM
  #28  
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Originally Posted by spooled_u
A 1939 situation? You mean the end of the great depression as signaled by the upswing in the economy due to WWII ?
sorry 1929.
And they ripped off the average people with the last grand slam....
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Old Oct 3, 2008 | 05:02 PM
  #29  
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very interesting
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Old Oct 3, 2008 | 09:26 PM
  #30  
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Dude, what commodities are you looking at. Metals (other than gold a panic "currency") are falling like bricks, the steel industry is collapsing (which will trickle down to Coal eventually), grains have puked, and building in China has stopped completely(driving a lot of the prior insanity). This will take longer to work out than most think and people will be throwing their sports cars overboard to save their houses which will fall another 10% anyway. A friend of mine just bought a 120Kish German car in the mid 70's , about a year old with low miles. Any of you thinking of buying used cars should wait a bit, that market is gauranteed to get uglier since the unemployment is just now picking up steam.

Another thing..the dollar has been climbing against a lot of foreign currencies for the last few weeks now. The price of oil is down (since nobody can afford to drive or fly anywhere) and commodities are up so the mining related business I'm in is popping. You won't get $5k-$10k off your dream car next year...maybe some suv's, but not the cool stuff since they will scale back production.

low interest loans might dry up too- get your cheap rides while you can (if you can).[/QUOTE]
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