Mitsu Motors Loses $4.4 Billion in 2005
May 29, 2005, 07:40 PM
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Hopefully Mitsu will NOT get bought by Renault of France (Nissan & Infiniti's Daddy!!!). That would leave another group of cars that I would never pay one red cent for......none of my money will ever go to a Renault parent company! This is what kept me from buying a G35 Coupe last year......back door way of a french auto maker digging in the pockets of Americans. I wonder how many rednecks who buy Nissan SUV/Trucks even know they own a "French - Bread" hauler..........LOL!!! 
I do agree a failure of Mitsu is very near as the "Macro" economic picture for the auto-industry is very bleak in the near future (those who are not in the hybrid game)......Mitsu will probably get pieced out with some portions/models going to Dam/Chrys and who knows who would scoop up the other pieces. This very well could turn the EVO line in the U.S. into a non-depreciating commodity......Sounds good to me!
BTW.....I do not think the EVO X will ever make it into production.....too late in Mitsu's game, their chips at the table are already at "all-in"!
I do agree a failure of Mitsu is very near as the "Macro" economic picture for the auto-industry is very bleak in the near future (those who are not in the hybrid game)......Mitsu will probably get pieced out with some portions/models going to Dam/Chrys and who knows who would scoop up the other pieces. This very well could turn the EVO line in the U.S. into a non-depreciating commodity......Sounds good to me!
BTW.....I do not think the EVO X will ever make it into production.....too late in Mitsu's game, their chips at the table are already at "all-in"!
crazy!!
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