Notices
Evo General Discuss any generalized technical Evo related topics that may not fit into the other forums. Please do not post tech and rumor threads here.
Sponsored by: RavSpec - JDM Wheels Central

Mitsubishi posts first profit since 2004!

Thread Tools
 
Search this Thread
 
Old Feb 22, 2007 | 09:58 AM
  #16  
sblvro's Avatar
EvoM Community Team Leader
iTrader: (2)
 
Joined: Sep 2001
Posts: 3,135
Likes: 6
From: chicago, michigan, arkansas
thanks to their "halo" car the evolution!
Old Feb 22, 2007 | 12:58 PM
  #17  
nutsack's Avatar
Newbie
iTrader: (1)
 
Joined: Feb 2004
Posts: 55
Likes: 0
From: va beach, VA
Originally Posted by chronozon
I thought the fiscal year starts on Oct. 1 each year, thus making the 3rd fiscal quarter between months of April - June, not the 4th quarter of a calendar year...
Oct 1st is the start for the federal government. most companies go with the calender year to match their fiscal year, so January 1st would most likely be the start.
Old Feb 22, 2007 | 01:11 PM
  #18  
teg_fan's Avatar
Newbie
 
Joined: Dec 2006
Posts: 89
Likes: 0
From: Pittsburgh, Pa
Originally Posted by TechnoJunkie
thats not very good looks like could be going down
Why do you say that? In the last couple years they have gone from - to +.... 36 million profit = after all expenses are covered and every employee payed etc... I think after working very hard to suit their vehicles to the wants of the customers that they would be foolish to abandom that work, especially if it's payed off by making them once again profitable
Old Feb 22, 2007 | 01:16 PM
  #19  
DsmAwdTurbo's Avatar
Evolving Member
iTrader: (10)
 
Joined: Dec 2004
Posts: 253
Likes: 0
From: WA
I don't think that Mitsu is going anywhere, however I do believe that the X is going to lose its hot factor when it comes out. I think the idea of them taking out the 4g63 is going to kill the car. Much like the eclipse. The good thing is they are keeping it the turbo. I don't know though. I know that im a faithful 4g63 enthusiast and I will be sad to see it go. Time will tell, we will see what the X has to offer. It would be cool if they came back with te 4g in the new eclipses That wouldnt make sense for them to do that though.
just my .02
Old Feb 22, 2007 | 01:20 PM
  #20  
donmeca2020's Avatar
Evolved Member
iTrader: (2)
 
Joined: Oct 2004
Posts: 4,514
Likes: 0
From: Hollywood,florida
hopefully this year they will do well again, if not all of us evo owners will own a piece of automotive history.
Old Feb 22, 2007 | 01:21 PM
  #21  
nutsack's Avatar
Newbie
iTrader: (1)
 
Joined: Feb 2004
Posts: 55
Likes: 0
From: va beach, VA
Originally Posted by DsmAwdTurbo
I don't think that Mitsu is going anywhere, however I do believe that the X is going to lose its hot factor when it comes out. I think the idea of them taking out the 4g63 is going to kill the car. Much like the eclipse. The good thing is they are keeping it the turbo. I don't know though. I know that im a faithful 4g63 enthusiast and I will be sad to see it go. Time will tell, we will see what the X has to offer. It would be cool if they came back with te 4g in the new eclipses That wouldnt make sense for them to do that though.
just my .02
i think the biggest reason they got rid of the 4G63 is due to the stricter emissions constraints being placed on automakers. also i'm sure there have been a lot of advances in engine design since the first 4G63 was released.
Old Feb 22, 2007 | 01:37 PM
  #22  
WheelGap's Avatar
Evolving Member
iTrader: (4)
 
Joined: Jan 2007
Posts: 342
Likes: 0
From: Nebraska
That's great news! Hopefully by 2008 they'll have enough cash to campaign as an M1 manufacturer in the WRC!
Old Feb 22, 2007 | 01:41 PM
  #23  
EVOGOD21's Avatar
Evolving Member
iTrader: (2)
 
Joined: Aug 2005
Posts: 336
Likes: 0
From: valhalla
good to know
Old Feb 22, 2007 | 01:54 PM
  #24  
DsmAwdTurbo's Avatar
Evolving Member
iTrader: (10)
 
Joined: Dec 2004
Posts: 253
Likes: 0
From: WA
Originally Posted by *******
i think the biggest reason they got rid of the 4G63 is due to the stricter emissions constraints being placed on automakers. also i'm sure there have been a lot of advances in engine design since the first 4G63 was released.
I will have to agree that there have been many advances in engine design. I guess im just stuck haha. Its a tough change. I didnt like mivec at first either, but its actually great. I still will stick with my VIII though. Im not going to diss the new car I just am curious to see how well it actually does.
Old Feb 22, 2007 | 06:52 PM
  #25  
saetern's Avatar
Newbie
iTrader: (2)
 
Joined: Feb 2007
Posts: 67
Likes: 0
From: Anchorage
i wonder if they are making more money, will they be less strict on warranty
Old Feb 22, 2007 | 07:37 PM
  #26  
Evo4Ash@D's Avatar
Newbie
 
Joined: Nov 2006
Posts: 48
Likes: 0
From: Earth
hooray for evos
Old Feb 25, 2007 | 11:02 AM
  #27  
Fourdoor's Avatar
Evolved Member
iTrader: (11)
 
Joined: Oct 2003
Posts: 2,702
Likes: 4
From: Rosedale, IN
Any car maker that is doing turbo cars (EVO, WRX, SRT-4, etc) needs to do flex fuel vehicles that have boost dependent on fuel mix.

You could have a 300hp on gasoline / 350hp on E-85 EVO from the factory right now if it was flex fuel with boost dependent on fuel mix. To me that would be a HUGE selling point, and a big incentive to run reneable fuel. That is the future of liquid fueled vehicles in North America, and I am amazed that some manufacturers have not jumped on this opertunity.

Keith
Old Feb 25, 2007 | 11:37 AM
  #28  
nashmage's Avatar
Evolving Member
 
Joined: Mar 2006
Posts: 218
Likes: 0
From: Dartmouth, Mass
thats good to hear ive always loved mitsu since i was a kid so i want them to stay around.
Old Feb 25, 2007 | 02:15 PM
  #29  
shvc1991's Avatar
Evolving Member
 
Joined: Dec 2006
Posts: 194
Likes: 0
From: MA
Originally Posted by saetern
i wonder if they are making more money, will they be less strict on warranty
I assume that's how they made that kind of profit initially, by not honoring warranties.

..... but yay for Mitsu nonetheless.
Old Feb 25, 2007 | 04:06 PM
  #30  
timmiii's Avatar
Evolved Member
iTrader: (3)
 
Joined: Dec 2004
Posts: 1,014
Likes: 0
From: NJ, NYC, MI
Originally Posted by 3000ways
Well the year started pretty good, January Sales rose 25.6% compared to January 2006. Hey it's nothing huge, but when there are many companies struggling, such as Ford which has fallen from 2nd to 4th in US sales over the recent years, any increase should be viewed as a very good thing
Yeah, I'm not saying they didn't make much of a profit over the past years I'm just saying theres no way Mitsu Corp will let Mitsu Motors go under. There might be some shady **** going on but all in all I think Mitsu Motors is pretty safe.



All times are GMT -7. The time now is 03:51 AM.