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ssmoked 12-26-2012 10:53 PM

Mitsubishi motors a dying brand in US?
 
Financially Fit - Yahoo! Finance

there goes the evo :/

start watching at 1:00

frost 12-26-2012 11:14 PM

What do they make that anyone wants? They had the new eclipse, which was underpowered and overweight. The lancer is a niche market to begin with. The galant is meh at best. And then a couple crossovers. :shrug: wouldn't miss them.

6MT 12-26-2012 11:21 PM

And I hate rubber band engines.

ZMan8 12-26-2012 11:28 PM

It's a shame really, they were on to something great back in the 90's with their lancer evolution and eclipse. They ditched the turbo awd eclipse in favor of a fwd v-6 that was pig heavy. The lancer evolution also got large and pricey. While the evo is a great performer, it is a niche car like frost mentioned. and the lancer, well it's not competitive in interior space, design, features or power in its price range. Lancer's direct rival Subaru Impreza comes awd standard on the base model.

Tribalpinoy91 12-26-2012 11:41 PM

Mitsu failure to keep up with times and innovate instead of playing keep up

CDepp 12-27-2012 12:49 AM

I still long for the old DSM days.... To dream....

bigsix 12-27-2012 12:53 AM

W/o the Evo, Mitsubishi will have a hard time competing w/ their Japanese rivals.

FairladyZ 12-27-2012 01:09 AM

They only have one car and its the evo.

That whole company is trash, cars look ugly.

The evo 9 was the last true Mitsubishi in my eyes

dP3NGU1N 12-27-2012 01:45 AM

Their dealerships also hire some of the rudest and cockiest little ******** i've ever met in my life. I think there's a reason why the Mitsu dealership at Cerritos automall (LA area) is on the outskirts and on the other side of a major street while the other dealerships are all fairly close knit.

On a side note, that white dude in the video really needs to blink once in a while. It's creepy.

MJB 12-27-2012 07:21 AM

I was actually a little surprise to hear about the financial troubles Mitsubishi is in. I wonder if they'll be able to rebound after restructuring or they'll go under for good?

edub370 12-27-2012 10:04 AM

mazda won't be far behind...

luigi90210 12-27-2012 10:41 AM

i honestly feel honda will die soon, sure their cars are popular(kind of) but they havent changed since the 90's, they are still loud, they sound like **** even stock, there is a lot of road noise and their cars are very basic in terms of features
their biggest competitor toyota at least changed their sedans to being quite, nicer looking then their 90's counter part, and they come loaded with features plus with their hybrid marketing campaign, everyone and their grandma has wanted a hybrid car, even though a 2.5 altima cvt will get better gas milage then a camry hybrid

theDreamer 12-27-2012 10:43 AM

Quote:

Originally Posted by edub370 (Post 2079195)
mazda won't be far behind...

Doubt it, Ford still invests in Mazda (a bit less now) and they will be first to market in the US of the Japanese companies with a diesel motor.

frost 12-27-2012 10:46 AM

Quote:

Originally Posted by MJB (Post 2078980)
I was actually a little surprise to hear about the financial troubles Mitsubishi is in. I wonder if they'll be able to rebound after restructuring or they'll go under for good?

A restructure may buy them time, but selling cars is the name of the game, and they aren't selling cars.

shadoquad 12-27-2012 10:47 AM

Quote:

Originally Posted by theDreamer (Post 2079291)
Doubt it, Ford still invests in Mazda (a bit less now) and they will be first to market in the US of the Japanese companies with a diesel motor.

:iagree: The 3 is actually a nice little car, too. It actually gets its claimed 40mpg and is fun to drive for a putt putt

The Miata is the best selling sports car, maybe ever, and a new one is on its way soon.

They've attacked the crossover market and are doing fairly well there. And the new 6 is getting positive reviews.

I don't see Mazda in much danger.

Mitsu has been dying for the last decade or so. They just make crap motors.

DR_ 12-27-2012 10:59 AM

Quote:

Originally Posted by luigi90210 (Post 2079281)
i honestly feel honda will die soon

You don't have a clue. Honda builds great appliances, which is what 99% of buyers want. They have however lost the enthusiasts to other brands because their lack of fun cars.

FairladyZ 12-27-2012 11:05 AM

Quote:

Originally Posted by DR_ (Post 2079357)
You don't have a clue. Honda builds great appliances, which is what 99% of buyers want. They have however lost the enthusiasts to other brands because their lack of fun cars.

Honda also has powers ports

Motorcycle, watersports stuff. They are far from dead and won't die lol

1st 12-27-2012 12:13 PM

Quote:

Originally Posted by luigi90210 (Post 2079281)
i honestly feel honda will die soon, sure their cars are popular(kind of) but they havent changed since the 90's, they are still loud, they sound like **** even stock, there is a lot of road noise and their cars are very basic in terms of features
their biggest competitor toyota at least changed their sedans to being quite, nicer looking then their 90's counter part, and they come loaded with features plus with their hybrid marketing campaign, everyone and their grandma has wanted a hybrid car, even though a 2.5 altima cvt will get better gas milage then a camry hybrid

This is a garbage reply this belongs in a Mitsubishi lot.

luigi90210 12-27-2012 07:22 PM

Quote:

Originally Posted by 1st (Post 2079565)
This is a garbage reply this belongs in a Mitsubishi lot.

cool story bro

got another one to tell?

Quote:

Originally Posted by DR_ (Post 2079357)
You don't have a clue. Honda builds great appliances, which is what 99% of buyers want. They have however lost the enthusiasts to other brands because their lack of fun cars.

i guess that is what i meant, honda doesnt make anything that wows enthusiast anymore, the S2K was alright but it didnt have any power until 4k rpm, there will always be rice rocket civics though, and i dont think that will change
honestly i dont see a reason to buy a honda, when i was looking for a DD, i did give honda a try, but the 2012 civic sucks(noisy especially after vtec, lacking in power, and uncomfortable) and the 2012 accord wasnt any better

ON TOPIC:
Mitsubishi stopped producing the evo, i have a feeling they will go under for sure in the next few years unless they make some GSX eclipse again and price it in a good range

cossie1600 12-27-2012 10:08 PM

Quote:

Originally Posted by luigi90210 (Post 2079281)
i honestly feel honda will die soon, sure their cars are popular(kind of) but they havent changed since the 90's, they are still loud, they sound like **** even stock, there is a lot of road noise and their cars are very basic in terms of features
their biggest competitor toyota at least changed their sedans to being quite, nicer looking then their 90's counter part, and they come loaded with features plus with their hybrid marketing campaign, everyone and their grandma has wanted a hybrid car, even though a 2.5 altima cvt will get better gas milage then a camry hybrid

What, 27/38 mpg beats 43/39 mpg?

cossie1600 12-27-2012 10:10 PM

Quote:

Originally Posted by theDreamer (Post 2079291)
Doubt it, Ford still invests in Mazda (a bit less now) and they will be first to market in the US of the Japanese companies with a diesel motor.

Ford sold most of their shares a few years back...

luigi90210 12-28-2012 02:31 AM

Quote:

Originally Posted by cossie1600 (Post 2080637)
What, 27/38 mpg beats 43/39 mpg?

i dont know about you, but my 3.5 altima 5AT averages 25mpg mostly city, and my friend with the 2.5 altima averages 38mpg, i stopped paper comparing mpg cause most of those tests are rigged to get the best scores(just look at the hyundai mess), like i can go almost 400 miles to a tank on my Z(depends on how hard i step on it but i usually get anywhere between 20-22 mpg)
heck even on my old gst eclipse i could get 27mpg if i stayed out of boost and that was rated for 15/18 iirc

sure, it looks nice buying a car that has a piece of paper that says 50mpg, but in all reality it comes down to real world data
its kind of like paper racing, you can buy a hyundai genesis 3.8 r-spec and have a car with 348hp 290tq and have one of the worst performing cars out there, or you can buy a Z, G, E46M3, ect. and get a better performing car with less HP on paper

FairladyZ 12-28-2012 06:08 AM

Quote:

Originally Posted by luigi90210 (Post 2080859)
i dont know about you, but my 3.5 altima 5AT averages 25mpg mostly city, and my friend with the 2.5 altima averages 38mpg, i stopped paper comparing mpg cause most of those tests are rigged to get the best scores(just look at the hyundai mess), like i can go almost 400 miles to a tank on my Z(depends on how hard i step on it but i usually get anywhere between 20-22 mpg)
heck even on my old gst eclipse i could get 27mpg if i stayed out of boost and that was rated for 15/18 iirc

sure, it looks nice buying a car that has a piece of paper that says 50mpg, but in all reality it comes down to real world data
its kind of like paper racing, you can buy a hyundai genesis 3.8 r-spec and have a car with 348hp 290tq and have one of the worst performing cars out there, or you can buy a Z, G, E46M3, ect. and get a better performing car with less HP on paper



The thing is with Toyota you don't have to try to achieve those mpg.

You don't gotta drive like a bitch to save gas. You just drive normal and the Prius will yield good numbers.

How do I know? My two friends has a 2010 and 2012, there is no paper dreaming mpg, these cars actually achieve those ratings.

Ask yourself why you can't drive down the streets without seeing 10'of them? It's because toyota really do have the mpg tech on lock. Don't tell me people buy them for looks, cause that **** is ugly.

FairladyZ 12-28-2012 07:02 AM

Quote:

Originally Posted by luigi90210 (Post 2080380)

i guess that is what i meant, honda doesnt make anything that wows enthusiast anymore, the S2K was alright but it didnt have any power until 4k rpm, there will always be rice rocket civics though, and i dont think that will change
honestly i dont see a reason to buy a honda, when i was looking for a DD, i did give honda a try, but the 2012 civic sucks(noisy especially after vtec, lacking in power, and uncomfortable) and the 2012 accord wasnt any


Then again this why they will survive. The market for enthusiasts and sports cars isn't big. Why do you think Toyota abandoned making anything up until the frs as of late. Honda also went away cause the market isn't there. People in this time is looking for mpg and reliability. And Honda has that.

Things may change with the frs / brz since those are hot sellers, maybe Honda can race out the Crz or Nissan can revive the Silvia

theDreamer 12-28-2012 07:11 AM

Quote:

Originally Posted by cossie1600 (Post 2080642)
Ford sold most of their shares a few years back...

True, but a 3% stake in a company is still huge, not quite the almost 20% in the 90s but the last CEO was big on removing debt. They still share tech & development across the board which gives Mazda a nice advantage over other Japanese companies trying to pursue new tech that others have already developed and R&D costs.

Compdoc777 12-28-2012 07:12 AM

Quote:

Originally Posted by Tribalpinoy91 (Post 2078749)
Mitsu failure to keep up with times and innovate instead of playing keep up

Mitsubishi has deep pockets. They are talking about the North American brand, but Mitsubishi makes everything from TVs, electronics to fighter jets, ships, building equipment. The motor division is just one of the smaller things they do. I am sure they will shake it up here in the future they tend to go in cycles.

Quote:

Originally Posted by luigi90210 (Post 2079281)
i honestly feel honda will die soon, sure their cars are popular(kind of) but they havent changed since the 90's, they are still loud, they sound like **** even stock, there is a lot of road noise and their cars are very basic in terms of features
their biggest competitor toyota at least changed their sedans to being quite, nicer looking then their 90's counter part, and they come loaded with features plus with their hybrid marketing campaign, everyone and their grandma has wanted a hybrid car, even though a 2.5 altima cvt will get better gas milage then a camry hybrid


Honda will be around forever and may win the auto war. Honda is a racing company that happens to build cars they have there hands in just about everything like Mitsubishi. Acura is also Honda, out side the US there is no such thing as Acura.

cossie1600 12-28-2012 08:09 AM

My lexus hybrid gets 28mpg city, and it is a 5000lbs beast. My Prius can do 45 to 55 mpg, no Altima isn't touching that. The highway mileage difference is smaller, but the hybrids help so much in the city that you aren't making up for it. Hyundai has to pay up for lying about the numbers, Toyota doesn't.

Quote:

Originally Posted by luigi90210 (Post 2080859)
i dont know about you, but my 3.5 altima 5AT averages 25mpg mostly city, and my friend with the 2.5 altima averages 38mpg, i stopped paper comparing mpg cause most of those tests are rigged to get the best scores(just look at the hyundai mess), like i can go almost 400 miles to a tank on my Z(depends on how hard i step on it but i usually get anywhere between 20-22 mpg)
heck even on my old gst eclipse i could get 27mpg if i stayed out of boost and that was rated for 15/18 iirc

sure, it looks nice buying a car that has a piece of paper that says 50mpg, but in all reality it comes down to real world data
its kind of like paper racing, you can buy a hyundai genesis 3.8 r-spec and have a car with 348hp 290tq and have one of the worst performing cars out there, or you can buy a Z, G, E46M3, ect. and get a better performing car with less HP on paper

I believe they own over 30%, but big enough to be controlling interesting. In the US, Mazda basically gets left over ford parts. (Cx9 and 3). The newer stuff are mainly in house that Mazda developed and what they use exclusively. Matter of fact, Mazda signed an agreement to source toyotas HSD rather than fords Eco drive



Quote:

Originally Posted by theDreamer (Post 2080905)
True, but a 3% stake in a company is still huge, not quite the almost 20% in the 90s but the last CEO was big on removing debt. They still share tech & development across the board which gives Mazda a nice advantage over other Japanese companies trying to pursue new tech that others have already developed and R&D costs.

Quote:

Originally Posted by Compdoc777 (Post 2080906)
Mitsubishi has deep pockets. They are talking about the North American brand, but Mitsubishi makes everything from TVs, electronics to fighter jets, ships, building equipment. The motor division is just one of the smaller things they do. I am sure they will shake it up here in the future they tend to go in cycles.




Honda will be around forever and may win the auto war. Honda is a racing company that happens to build cars they have there hands in just about everything like Mitsubishi. Acura is also Honda, out side the US there is no such thing as Acura.


theDreamer 12-28-2012 08:16 AM

Quote:

Originally Posted by cossie1600 (Post 2080975)
My lexus hybrid gets 28mpg city, and it is a 5000lbs beast. My Prius can do 45 to 55 mpg, no Altima isn't touching that. The highway mileage difference is smaller, but the hybrids help so much in the city that you aren't making up for it. Hyundai has to pay up for lying about the numbers, Toyota doesn't.



I believe they own over 30%, but big enough to be controlling interesting. In the US, Mazda basically gets left over ford parts. (Cx9 and 3). The newer stuff are mainly in house that Mazda developed and what they use exclusively. Matter of fact, Mazda signed an agreement to source toyotas HSD rather than fords Eco drive

The 30% ownership was in the 90s, they sold about 22% in the early 2000s because Ford CEO saw the crash coming and wanted debt off the books and then went down to 3% in 2008. Maintaining a strategic partnership and helping with R&D costs. Mazda is estimated to save on average 9 million a year with the tech they borrow from Ford so while they do use license other tech Ford is their go to still.

atl370z 12-28-2012 08:28 AM

Quote:

Originally Posted by shadoquad (Post 2079306)
:iagree: The 3 is actually a nice little car, too. It actually gets its claimed 40mpg and is fun to drive for a putt putt

The Miata is the best selling sports car, maybe ever, and a new one is on its way soon.

They've attacked the crossover market and are doing fairly well there. And the new 6 is getting positive reviews.

I don't see Mazda in much danger.

Mitsu has been dying for the last decade or so. They just make crap motors.

:iagree:
I have owned a Mazda speed 3 and currently own a Mazda 9 SUV. both are great car for the money

m4a1mustang 12-28-2012 08:54 AM

Honda isn't going anywhere. They abandoned the enthusiast market, yes. But they don't need it. They make A to B cars now.

UNKNOWN_370 12-28-2012 10:34 AM

Its terribly sad if you ask me. Mitsubishi had the first Turbocharged ecu tunable successful sports car. The 1982 Mitsubishi Starion was an affordable sports car marvel. The Starion went from RWD to FWD/AWD in the mitsubishi eclipse in 1990 but was a highly respectable sports car till 1999.
If Mitsu would go back to the 90's formula of sports car making, they will instantly become leaders in the tuner segment. The Evo x, while its a great performing car. Has certain traits that limits the consumer buy-ability of this car. The new eclipse has no capability whatsoever and is basically a snazzy grocery getter. Mitsu fell off and it doesn't have to be this way. They know what it takes to make a great performance platform. They,re just not making any real effort to do so.

UNKNOWN_370 12-28-2012 10:35 AM

Quote:

Originally Posted by m4a1mustang (Post 2081105)
Honda isn't going anywhere. They abandoned the enthusiast market, yes. But they don't need it. They make A to B cars now.


No they didn't. The Civic Si and CRZ are Performance marvels. :roflpuke2:

m4a1mustang 12-28-2012 10:39 AM

CRZ... what a waste. That would have been a cool car if they put a K series in it but it's the sport-hybrid nonsense.

Civic Si... I liked them up until the latest refresh.

luigi90210 12-28-2012 11:05 AM

Quote:

Originally Posted by cossie1600 (Post 2080975)
My lexus hybrid gets 28mpg city, and it is a 5000lbs beast. My Prius can do 45 to 55 mpg, no Altima isn't touching that. The highway mileage difference is smaller, but the hybrids help so much in the city that you aren't making up for it. Hyundai has to pay up for lying about the numbers, Toyota doesn't.



I believe they own over 30%, but big enough to be controlling interesting. In the US, Mazda basically gets left over ford parts. (Cx9 and 3). The newer stuff are mainly in house that Mazda developed and what they use exclusively. Matter of fact, Mazda signed an agreement to source toyotas HSD rather than fords Eco drive

where do you live though? here in socal, prius owners average 35-38mpg, same with camry hybrid owners(asked a few owners myself and i remember reading a news article about it a few years back) because of all the hills san diego has

dont get me wrong, those hybrids are amazing for city driving but depending on where you live and work here, you can be doing more highway driving then city driving(which is why i go off average mpg instead of paper or just city/highway drivers)

Quote:

Originally Posted by m4a1mustang (Post 2081362)
CRZ... what a waste. That would have been a cool car if they put a K series in it but it's the sport-hybrid nonsense.

Civic Si... I liked them up until the latest refresh.

agreed, the CRZ was a failure to be what honda wanted it to be, it doesnt compare to the CRX at all
the civic si however, i feel those are always going to be the riceboys first choice when buying cars, heck honda saved them some $$$ by slapping vtec stickers all over the thing, if the SI was clean like the regular civic, i wouldnt hate it as much(i just hate the civic in general) but honda just had to slap iVTEC stickers on it

Lug 12-28-2012 11:26 AM

Quote:

Originally Posted by theDreamer (Post 2080905)
T They still share tech & development across the board which gives Mazda a nice advantage over other Japanese companies trying to pursue new tech that others have already developed and R&D costs.



....looks at Speed3, looks at Focus ST...keeps mouth shut





:D

m4a1mustang 12-28-2012 11:40 AM

Quote:

Originally Posted by luigi90210 (Post 2081434)
where do you live though? here in socal, prius owners average 35-38mpg, same with camry hybrid owners(asked a few owners myself and i remember reading a news article about it a few years back) because of all the hills san diego has

dont get me wrong, those hybrids are amazing for city driving but depending on where you live and work here, you can be doing more highway driving then city driving(which is why i go off average mpg instead of paper or just city/highway drivers)



agreed, the CRZ was a failure to be what honda wanted it to be, it doesnt compare to the CRX at all
the civic si however, i feel those are always going to be the riceboys first choice when buying cars, heck honda saved them some $$$ by slapping vtec stickers all over the thing, if the SI was clean like the regular civic, i wouldnt hate it as much(i just hate the civic in general) but honda just had to slap iVTEC stickers on it

I like the Civic for what it is. I had an '06 sedan as a practical car. I wouldn't mind having an si sedan in that body style... but only without all the boy racer graphics and body treatments.

DEpointfive0 12-28-2012 11:48 AM

Quote:

Originally Posted by luigi90210 (Post 2081434)
where do you live though? here in socal, prius owners average 35-38mpg, same with camry hybrid owners(asked a few owners myself and i remember reading a news article about it a few years back) because of all the hills san diego has

dont get me wrong, those hybrids are amazing for city driving but depending on where you live and work here, you can be doing more highway driving then city driving(which is why i go off average mpg instead of paper or just city/highway drivers)

Your friends with the Priuses should get them checked out... My best friend who has a prius BEATS that car and drives faster than I do around town and he averages 40-45MPG, when he slows down to take his mom to and from the hospital usually he gets right around 50... That SOB...

On the freeway he gets about 42-45

(Just asked for his numbers, and he has a 2007 with 132k miles)

DEpointfive0 12-28-2012 11:54 AM

The Evo X is awesome, not gonna lie, I TRIED to buy one of those before the 370, but no where had one and the least modified one was modified to high hell... So it was a no go from me...

If Mitsubishi kicks the bucket I don't think I'd care... Nice knowing you and all, I liked the 3000GT, but feel free to GTFO

UNKNOWN_370 12-28-2012 01:44 PM

Quote:

Originally Posted by DEpointfive0 (Post 2081558)
The Evo X is awesome, not gonna lie, I TRIED to buy one of those before the 370, but no where had one and the least modified one was modified to high hell... So it was a no go from me...

If Mitsubishi kicks the bucket I don't think I'd care... Nice knowing you and all, I liked the 3000GT, but feel free to GTFO

In spite of what some people think about the Evo. If we lost it? The sports car market would become so much less competitive and we'd start seeing crappier sports cars as a whole. The evo is one of the most important sports cars out there just because at $38k you can have one of the most advanced AWD systems as well as the most advanced DCT transmission in the price range, Add in the Brembo pkg, recaro's etc... This car is the wildcard price to feature competitor to many different types of sports cars. It sets a performance bar that hasn't been met in the price range in spite of its shytty interior.

cossie1600 12-28-2012 01:56 PM

Quote:

Originally Posted by m4a1mustang (Post 2081105)
Honda isn't going anywhere. They abandoned the enthusiast market, yes. But they don't need it. They make A to B cars now.

Agree, but they sure do have great racing programs.

Quote:

Originally Posted by luigi90210 (Post 2081434)
where do you live though? here in socal, prius owners average 35-38mpg, same with camry hybrid owners(asked a few owners myself and i remember reading a news article about it a few years back) because of all the hills san diego has

dont get me wrong, those hybrids are amazing for city driving but depending on where you live and work here, you can be doing more highway driving then city driving(which is why i go off average mpg instead of paper or just city/highway drivers)

I live in the hills of New England and I drive it like a normal car. The only way a normal car can touch the hybrid's fuel mileage is on the highway at a very high speed. The faster you go in a hybrid, the less efficient they are. At 75mph cruise, it gets 42-44mpg no matter what you do. Also there are over three generators of hybrid and they are different types depending on year, you can't just assume all are the same. The new Camry Hybrid is a completely different system than the previous generators, it's like 10-20% more fuel efficient. Also not all hybrids are slow. Porsche and VW built performance hybrid powertrains. Lexus has hybrids over 300HP.

Quote:

Originally Posted by UNKNOWN_370 (Post 2081771)
In spite of what some people think about the Evo. If we lost it? The sports car market would become so much less competitive and we'd start seeing crappier sports cars as a whole. The evo is one of the most important sports cars out there just because at $38k you can have one of the most advanced AWD systems as well as the most advanced DCT transmission in the price range, Add in the Brembo pkg, recaro's etc... This car is the wildcard price to feature competitor to many different types of sports cars. It sets a performance bar that hasn't been met in the price range in spite of its shytty interior.

Respectable to who? They sold a lot of them, but they were basically Chrysler Sebring with a better powertrain. They were like the Mustangs from Japan, oh wait, they weren't built in Japan, heck they weren't even sold in Japan.


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