The Mitsubishi misery thread
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Joined: Mar 2001
Posts: 13,713
From: The Golden State
The Mitsubishi misery thread
Mitsubishi is getting slammed so often and so frequently, it's a constant distraction from our "flavor of the week" car subject (this week seems to be Colbalt).
So whenever it seems that YOU have big problems to deal with, or you begin to think that GM, Ford, or Chrysler has serious issues, it pales in comparison to what's going on at Mitsu.
Mitsubishi carries out pay cuts to make up for plunging sales
http://www.detnews.com/2004/autosins...tos-185724.htm
Mitsubishi Fuso recalls trucks, buses
http://www.detnews.com/2004/autosins...b03-183871.htm
Mitsubishi truck company announces recall of 450,000 vehicles
http://www.detnews.com/2004/autosins...tos-183041.htm
Ex-Mitsubishi president arrested in defect cover-up
http://www.detnews.com/2004/autosins...b03-180763.htm
Mitsubishi begins new round of recalls
http://www.detnews.com/2004/autosins...b03-173439.htm
Mitsubishi Motors covered up 26 other defects in cars to avoid recalls
http://www.detnews.com/2004/autosins...tos-171677.htm
Uncertain future for Mitsubishi Australia
http://www.abc.net.au/7.30/content/2004/s1096044.htm
And finally, seems Australia did give Mitsu more money (I thought they refused). The deal however, is eerily similar to the situation that created the Camaro/Firebird agreement with Ste Therese:
$85m deal for Mitsubishi
http://www.news.com.au/common/story_...55E2%2C00.html
So whenever it seems that YOU have big problems to deal with, or you begin to think that GM, Ford, or Chrysler has serious issues, it pales in comparison to what's going on at Mitsu.
Mitsubishi carries out pay cuts to make up for plunging sales
http://www.detnews.com/2004/autosins...tos-185724.htm
Mitsubishi Fuso recalls trucks, buses
http://www.detnews.com/2004/autosins...b03-183871.htm
Mitsubishi truck company announces recall of 450,000 vehicles
http://www.detnews.com/2004/autosins...tos-183041.htm
Ex-Mitsubishi president arrested in defect cover-up
http://www.detnews.com/2004/autosins...b03-180763.htm
Mitsubishi begins new round of recalls
http://www.detnews.com/2004/autosins...b03-173439.htm
Mitsubishi Motors covered up 26 other defects in cars to avoid recalls
http://www.detnews.com/2004/autosins...tos-171677.htm
Uncertain future for Mitsubishi Australia
http://www.abc.net.au/7.30/content/2004/s1096044.htm
And finally, seems Australia did give Mitsu more money (I thought they refused). The deal however, is eerily similar to the situation that created the Camaro/Firebird agreement with Ste Therese:
$85m deal for Mitsubishi
http://www.news.com.au/common/story_...55E2%2C00.html
Last edited by guionM; Jun 17, 2004 at 11:00 AM.
Thread Starter
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Posts: 13,713
From: The Golden State
Secrets scar Mitsubishi
http://www.detnews.com/2004/autosins...e03-186452.htm
USA: Chrysler to stop building cars in Illinois Mitsubishi plant
http://www.just-auto.com/news_detail.asp?art=44573
http://www.detnews.com/2004/autosins...e03-186452.htm
USA: Chrysler to stop building cars in Illinois Mitsubishi plant
http://www.just-auto.com/news_detail.asp?art=44573
Last edited by guionM; Jun 17, 2004 at 04:31 PM.
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Joined: Nov 2000
Posts: 1,440
From: five-one-oh/nine-oh-nine
i don't think Mitsu is going anywhere. it's going to come into new management who will publicly distance themselves from its predecessors and appear to make sweeping changes in how Mitsu motors does business. in the end it will be a "lesson learned" type of situation and they'll move on from there.
i don't know if the parent company will end up keeping it around tho. it might be picked up by someone like GM who seems to keep going after failing foreign ventures and turning them into failing domestic ones. ha.
i don't know if the parent company will end up keeping it around tho. it might be picked up by someone like GM who seems to keep going after failing foreign ventures and turning them into failing domestic ones. ha.
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Joined: Mar 2002
Posts: 145
From: Halifax, Nova Scotia
hmmm. DCX already owns a minority of Mitsu .... let the value of shares drop and drop. Use the tax advantages created by the loss in value of the minority interest to create cash (or purchasing power). Then move on establishing a controlling interest at a fraction of the cost (i.e move to 51%).
Then start rebuilding from the bottom up.
Just a Theory.
Oh no ... I just had a vision of Diamond Star motors churning out 4 cyl dodge avengers again!
Ted
Then start rebuilding from the bottom up.
Just a Theory.
Oh no ... I just had a vision of Diamond Star motors churning out 4 cyl dodge avengers again!
Ted
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Joined: Mar 2001
Posts: 13,713
From: The Golden State
Originally posted by bigdreamZ
That sucks, I like the EVO and I like the 05 Eclipse concept. What does all that mean, will Mitsubishi be bankrupt? If so how soon?
That sucks, I like the EVO and I like the 05 Eclipse concept. What does all that mean, will Mitsubishi be bankrupt? If so how soon?
Either their parent company will bail them out, or their parent company (and prime stockholder I believe) will sell them off, effectively killing the automotive brand's name (can't use the Mitsubishi name on cars if that arm is sold since Mitsubishi will still be around making other stuff!).
Either way, I don't expect them to actually go bankrupt.
Thread Starter
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Posts: 13,713
From: The Golden State
This just gets better and better!
You can't even write stuff like this:
New today,
Recalled Mitsubishi trucks catch fire on Japanese roads
http://www.detnews.com/2004/autosins...tos-188157.htm
New today,
Recalled Mitsubishi trucks catch fire on Japanese roads
http://www.detnews.com/2004/autosins...tos-188157.htm
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Joined: Nov 2000
Posts: 1,958
From: Kansas City, MO
How's this for great PR:
Mitsubishi Allegedly Surfing Web, Voiding Warranties On Lancer Evolution Models.
Mitsubishi is voiding motor and drive train warranties including transmission for any cars that participate in an Sports Car of America (SCCA) event or any other timed event.
http://forums.evolutionm.net/showthread.php?t=83525
http://warnerrobert.com/ubb/ultimate...c;f=1;t=013704
Mitsubishi Allegedly Surfing Web, Voiding Warranties On Lancer Evolution Models.
Mitsubishi is voiding motor and drive train warranties including transmission for any cars that participate in an Sports Car of America (SCCA) event or any other timed event.
http://forums.evolutionm.net/showthread.php?t=83525
http://warnerrobert.com/ubb/ultimate...c;f=1;t=013704
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Joined: Oct 2001
Posts: 1,232
From: Orlando, FL USA
Originally posted by Eric77TA
How's this for great PR:
Mitsubishi Allegedly Surfing Web, Voiding Warranties On Lancer Evolution Models.
Mitsubishi is voiding motor and drive train warranties including transmission for any cars that participate in an Sports Car of America (SCCA) event or any other timed event.
How's this for great PR:
Mitsubishi Allegedly Surfing Web, Voiding Warranties On Lancer Evolution Models.
Mitsubishi is voiding motor and drive train warranties including transmission for any cars that participate in an Sports Car of America (SCCA) event or any other timed event.
Registered User
Joined: Feb 2002
Posts: 1,024
Originally posted by Eric77TA
How's this for great PR:
Mitsubishi Allegedly Surfing Web, Voiding Warranties On Lancer Evolution Models.
Mitsubishi is voiding motor and drive train warranties including transmission for any cars that participate in an Sports Car of America (SCCA) event or any other timed event.
http://forums.evolutionm.net/showthread.php?t=83525
http://warnerrobert.com/ubb/ultimate...c;f=1;t=013704
How's this for great PR:
Mitsubishi Allegedly Surfing Web, Voiding Warranties On Lancer Evolution Models.
Mitsubishi is voiding motor and drive train warranties including transmission for any cars that participate in an Sports Car of America (SCCA) event or any other timed event.
http://forums.evolutionm.net/showthread.php?t=83525
http://warnerrobert.com/ubb/ultimate...c;f=1;t=013704
Statement On Mitsubishi Lancer Evolution Warranty
Statement On Mitsubishi Lancer Evolution Warranty
June 18, 2004 -- Cypress, Calif. --
Mitsubishi Motors and our dealers strive to be reasonable in evaluating each customer' s vehicle that is brought into a dealership for a possible warrantable condition in order to provide excellent customer service. We give the benefit of the doubt to everyone and appreciate their respect for the terms and conditions of our warranty. Mitsubishi does not have any automated web search system looking for Lancer Evolutions involved in race events. This is absolutely false.
Mitsubishi clearly states in its Owner's Warranty and Maintenance booklet that problems or failures related to racing, alteration and/or vehicle modifications are not covered conditions. This policy is standard throughout the automotive industry, and is even less restrictive than some manufacturer warranties, such as BMW and Subaru, that prohibit operating a vehicle in any type of competitive event.
If a Lancer Evolution is brought to Mitsubishi Motors dealer for a diagnosis as to a possible warrantable condition and the dealer determines that modifications were made that may have caused the problem, or could be instrumental in causing future problems, the repair will not be covered. The dealer and if necessary, MMNA staff, investigate each case, always giving the owner the benefit of the doubt. If the dealer does indeed find that serious vehicle modifications have been made that relate to a vehicle problem and/or damages, then it is possible that a restriction will be placed on that vehicle's warranty coverage as it relates to the specific modification, damaged component(s) and impacted vehicle systems. The entire vehicle warranty is not voided.
June 18, 2004 -- Cypress, Calif. --
Mitsubishi Motors and our dealers strive to be reasonable in evaluating each customer' s vehicle that is brought into a dealership for a possible warrantable condition in order to provide excellent customer service. We give the benefit of the doubt to everyone and appreciate their respect for the terms and conditions of our warranty. Mitsubishi does not have any automated web search system looking for Lancer Evolutions involved in race events. This is absolutely false.
Mitsubishi clearly states in its Owner's Warranty and Maintenance booklet that problems or failures related to racing, alteration and/or vehicle modifications are not covered conditions. This policy is standard throughout the automotive industry, and is even less restrictive than some manufacturer warranties, such as BMW and Subaru, that prohibit operating a vehicle in any type of competitive event.
If a Lancer Evolution is brought to Mitsubishi Motors dealer for a diagnosis as to a possible warrantable condition and the dealer determines that modifications were made that may have caused the problem, or could be instrumental in causing future problems, the repair will not be covered. The dealer and if necessary, MMNA staff, investigate each case, always giving the owner the benefit of the doubt. If the dealer does indeed find that serious vehicle modifications have been made that relate to a vehicle problem and/or damages, then it is possible that a restriction will be placed on that vehicle's warranty coverage as it relates to the specific modification, damaged component(s) and impacted vehicle systems. The entire vehicle warranty is not voided.
Last edited by slt; Jun 19, 2004 at 03:02 PM.