I like the fact that I don't see Evo's often. I feel for Mistu, after all people work there just like us that spent significant pieces of their lives and careers building this car and just like us, they want raises and bonuses.

I think if they do go away, the current "tuner" support market will quickly fill up the void of spare parts. It may also weed out the ricers and blingers that can't fix or build their own sh*t. Either way I will have this car forever regardless of value, even if it's stabled and held together with zip ties.

 

We need to remember that the article mentions that Mitsubishi was looking at selling off the MMNA business. What this could mean is that they're looking to spin off MMNA so that it's not a subsidiary but rather an independent distributor. This means that Mitsubishis would continue to be sold here but the distributor would be like a franchise, with its own books and own profits and losses, which would insulate the parent company from bonehead decisions like the 0/0/0 financing that screwed MMNA in the first place. Remember that in order for the deal to look palatable to a buyer, there has to be value there, and I assume that it's not just the dealer network but the opportunity to sell Mitsubishi products in the USA.

Toyota already does this in the US with the Southeast and Gulf States regions, the distributors in those areas are independently owned with an agreement with Toyota Motor Sales to provide marketing collateral like brochures.

 

BTW I have read somewhere on the web that even if a car manufacture leaves the US by law they will have to find a manufacture that will be a link to sale their parts. This is not Fiat or Pegout people this is Mitsubishi and even if they pull now they will come back for sure. They are not going anywhere. God if Mitsu dies Subaru’s wont have turbos for their cars hahaha

 

That's a good point. Even if the EVO becomes an orphan if MMNA pulls the plug, it is still a great car and I plan to drive mine into the ground. I am not too worried about the warranty, if you can read between the lines.

 

exactly

 

Have you not seen the new breed of cars coming to the U.S.?

lots of AWD bad boys coming here in the next few years from nissan, infiniti, volvo, etc

Although currently the EVO and STi are always compared, there are many new friends coming over for competition.

 

For a company that is openly struggling, it would be suicide for them to pull out of the largest car market in the world unless you wanted to completely destroy your company or had plans to stake a claim in China. I could see a more likely scenario of pulling the plug on the plant in Normal while still maintaining dealerships and marketing until the company was solvent again.

 

Fiat (which owns Alfa Romeo, Lancia, Ferrari and Maserati) is a much bigger car mfgr. than Mitsu, it's one of the largest in the world. Fiat pulled out of the USA in the late 1970s and never looked back.

Much the same could be said for Pugeot.

 

FWIW, it is Mitsubishi Heavy Industries that makes turbochargers (among a grip of other things like commercial and industrial equipment), not Mitsubishi Motors. MHI is a very stable and successful company and they are the ones behind the latest cash infusion (along with Mitsu Corp and Mitsu Bank). MHI spun off MMC in 1970 and are bringing them back under their umbrella once again.

 

Fiat was no one in the 70. they grew bigger in the 80s.

in the end even if Mitsu left the US a dealer must be there to link parts to us period. there are laws now and its not the 70s anymore.

 

In terms of global production PSA is ranked 6th, Fiat is 11th and Mitsubishi is 13th.

 

New model = questionable reliability.

Atleast our engines (and EVOs) have been around for a while.

 

Ha! Who the hell would buy Mitsubishi Motors?! It's not like they have anything going for them, except the EVO. Really, is there any other Mitsubishi car you would buy new?

Well, maybe GM will buy them since they( GM ) have a habit of buying car companies on the way down( Isuzu, Saab, Fiat- sort of )...

 

Here's a link to the actual articles that appeared in the Wall Street Journal.

https://www.evolutionm.net/forums/sh...d.php?t=123577

 

If they pull, you can kiss the value of your Evo goodbye. If I were someone who did not own an Evo and the company pulled out, I sure as he11 would not buy one. Just think of what the cost of simple parts will go to in the future, if you though that those little pieces were expensive at the dealer now, wait until they pull out.