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Mitsubishi News

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#815 of 1057
mitsubishi may sales---23.6% by dave82
Jun 03, 2008 (5:09 pm)
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CYPRESS, Calif., June 3 /PRNewswire/ -- Mitsubishi Motors today announced total May 2008 sales of 10,430.
 
    -- Galant sales in May were 2,783, an increase of 7.9 percent over May
       2007. Galant sales are up 14.5 percent calendar-year-to-date.
    -- Lancer Evolution sales were 351, up 23.6% for the month compared to
       last May.
    -- Consistent with the overall U.S. market, total Mitsubishi sales were
       off 23.6% for May compared to May 2007 sales of 13,651.
 
According to one of my friends at Cypress, Mitsubishi is asking everyone over 55 to voluntarily retire.....
#816 of 1057
Re: mitsubishi may sales---23.6% [dave82] by oldfarmer50
Jun 10, 2008 (2:24 pm)
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Replying to: dave82 (Jun 03, 2008 5:09 pm)

Well, being off 23% is better than being off 26% like last month. This is a heck of a tough sales market right now. Until the oil bubble bursts and sanity returns to the fuel market I can't see any one selling a lot of cars.
 
I hope Mitsu doesn't lose faith in the American market.
 
Has Mitsu released any news on it's electric car or any other high milage vehicles? The mania for any thing fuel-efficient would make those types of cars instant winners.
 
You would not believe the number of big trucks and SUV's I'm seeing for sale on lawns in my area. It's getting really scary.
#817 of 1057
oldfarmer... by iluvmysephia1
Jun 10, 2008 (8:25 pm)
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no, nothing new on the under-development Mitsubishi i-MIEV city car. Mitsubishi is going to put the car on sale in Japan in 2009 and has said that they will import it into the U.S. starting in 2010. I would like to see a longer range of travel on one charge before I get interested in buying one. Other than that it is a car I am certainly interested in for a potential future purchase. I am starting to wonder if gas prices are gonna drop much below $4.00/gal for 87 no-lead, ever. I know, ever is a really long time, too.
#818 of 1057
Re: oldfarmer... [iluvmysephia1] by oldfarmer50
Jun 11, 2008 (3:19 pm)
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Replying to: iluvmysephia1 (Jun 10, 2008 8:25 pm)

""...longer range...before I get intrested..."
 
I can see your reluctance seeing you're out in AZ if I recall. Lot of desert to get lost in if your battery dies. Back here in the east it's range (wasn't it about 40 miles?) might work in some of the big metro areas. Hey, they're selling SmartFor Two here in upstate NY where they will probably get blown off the road by big semis.
Why not an i-MIEV?
 
I'm looking in my crystal ball on fuel prices and I'm seeing the same trend as I saw in the 1998-2000 dot-com bubble. Prices skyrocket for a few years and then just before the crash prices fluctuate wildly up and down. In the end it's the little speculators who got in late that take the big loss. Right now I see the big boys unloading their positions to the Jonny-come-latelys. I give it until fall and then you'll see a nosedive.
 
Or not!
#819 of 1057
Re: oldfarmer... [oldfarmer50] by chelentano
Jun 11, 2008 (3:51 pm)
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Replying to: oldfarmer50 (Jun 11, 2008 3:19 pm)

>> I'm looking in my crystal ball on fuel prices and I'm seeing the same trend as I saw in the 1998-2000 dot-com bubble.
 
Not quite the same story with gas. While gas prices fluctuate in a short term, in the long term they only go UP. The world oil reserves left only for 30-40 years, so I will probably see $10 a gallon gas price in my life time. So the vehicles like i-MIEV will improve become mainstream very soon while gasoline based exotic cars will be driven mostly by billionaires.
#820 of 1057
Re: oldfarmer... [chelentano] by oldfarmer50
Jun 12, 2008 (2:05 pm)
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Replying to: chelentano (Jun 11, 2008 3:51 pm)

"...Not quite the same story with gas..."
 
I hope you are wrong.
 
On a lighter note. I see Edmunds tested the new Lance Raliart, and liked it. No prices yet. Edmunds says around 30K (YIKES). Due out in September.
 
0-60 in about 6 seconds, a tad faster than a GT Eclipse. I'll bet with 4-wheel drive it handles better too. Oh well, I've got 21 years left before my next new car. By then they will have the EVO-Wheelchair version just for me.
#821 of 1057
Re: oldfarmer... [oldfarmer50] by chelentano
Jun 12, 2008 (5:43 pm)
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Replying to: oldfarmer50 (Jun 12, 2008 2:05 pm)

>> I hope you are wrong.
 
I hope I am wrong, sure. But economics of supply and demand is a reality. Don't worry electric cars will be as fast as Lancer Raliart. Even today all-electric Tesla delivers 60mph in 3.9 seconds: as good as Ferrari:
 

  
Though, not as fast as 4 cylinder 2.0L Lancer Evo MR FQ400 VIII: 3.5sec!
.
 
>> On a lighter note. I see Edmunds tested the new Lance Raliart, and liked it. No prices yet. Edmunds says around 30K (YIKES). Due out in September. 0-60 in about 6 seconds, a tad faster than a GT Eclipse. I'll bet with 4-wheel drive it handles better too. Oh well, I've got 21 years left before my next new car.
 
Why 21 years???
#822 of 1057
Re: oldfarmer... [chelentano] by oldfarmer50
Jun 14, 2008 (3:15 pm)
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Replying to: chelentano (Jun 12, 2008 5:43 pm)

"...Tesla delivers 60mph in 3.9 seconds..."
 
But doesn't it cost about 90K? My Eclipse cost 24K.
 
"...Why 21 years???..."
 
Because it was 22 years since my last new car. I guess we'll have those flying cars by then.
#823 of 1057
Re: oldfarmer... [oldfarmer50] by mikevegas06
Jun 18, 2008 (10:41 am)
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Replying to: oldfarmer50 (Jun 14, 2008 3:15 pm)

more electric car stuff...
 
June 17, 2008
 
Mitsubishi and Peugeot collaborate on electricity
Paris, France – PSA Peugeot Citroën and Mitsubishi Motors Corporation (MMC) have announced the start of a joint feasibility study on an extended collaboration in the field of electric powertrains. The project, which will run over several months, relates to the development, manufacture and use of an electric powertrain for small urban vehicles.
 
The new agreement reinforces the bonds between the two manufacturers, who recently began construction of a joint factory in Russia.
 
PSA Peugeot Citroën is the largest global manufacturer of electric vehicles to date, with more than 10,000 units sold. MMC, which aims to become one of the leading car manufacturers of electric vehicles, has prioritized development of its i MiEV electric minicar, which it will launch in the Japanese domestic market in 2009 with a possible future introduction to Europe and the U.S. It has also set up Lithium Energy Japan, a joint venture with GS Yuasa, to supply large-capacity, high-performance lithium ion batteries for the vehicle.
 
click here for website
#824 of 1057
mikevegas06... by iluvmysephia1
Jun 22, 2008 (1:59 pm)
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I have bookmarked that website and will look for more Peugeot-Mitsubishi collabaration on electrical car production information as time moves along. It is nice to see such a huge takeoff in alternative automotive propulsion sources being discussed on large scale now. It is where we need to turn and Mitsubishi and their i-MIEV may indeed be where I go next for my automotive needs. Thanks for that link.

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