Mitsubishi Motors North America Withdraws from SCCA ProRally in 2004 (MERGE)
Nov 15, 2003, 06:19 AM
#19
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It has everything to do with lack of cash. Mitsu is in the toilet as far as the company goes, and they are trying to save money any way they can. Mitsu had $740 million in losses for the first half of the year, and while the ProRally season is a drop in the bucket compared to that, it IS money that could be saved.
Most of those losses were due to their dumb don't make any payments program. People got cars that couldn't afford them, and when the time came to pay, they just defaulted on the loans.
Most of those losses were due to their dumb don't make any payments program. People got cars that couldn't afford them, and when the time came to pay, they just defaulted on the loans.
Nov 15, 2003, 08:31 AM
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Mitsubishi quits SCCA series
Looks like Mitsu are giving up on the Evo.
What great management this company has..........
Mitsubishi quits SCCA series
November 15, 2003
Mitsubishi has announced that it will not be competing in the SCCA ProRally series in 2004. Mitsubishi North America's team won the Manufacturers title, and David Higgins took the Drivers Championship this year after a dominant performance in the team's Lancer.
The Company says it quitting the sport "to focus its resources on continuing to grow its brand and build retail sales."
What great management this company has..........
Mitsubishi quits SCCA series
November 15, 2003
Mitsubishi has announced that it will not be competing in the SCCA ProRally series in 2004. Mitsubishi North America's team won the Manufacturers title, and David Higgins took the Drivers Championship this year after a dominant performance in the team's Lancer.
The Company says it quitting the sport "to focus its resources on continuing to grow its brand and build retail sales."
Nov 15, 2003, 08:35 AM
#22
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https://www.evolutionm.net/features/newsitem/64
Pepe, if you run a motorcar corporation and you're facing financial instability (flat out trouble) what's the first thing you cut? Jobs, marketing or motorsports teams?
Pepe, if you run a motorcar corporation and you're facing financial instability (flat out trouble) what's the first thing you cut? Jobs, marketing or motorsports teams?
Nov 15, 2003, 09:17 AM
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Good for Mitsu...
i think that SCCA( Spoiled Children Crashing Automobiles) need to take a look at them selves. Rally in general. With all the spectator deaths this year and with the death of the Lovel team this year at Oregon. i dont blame them for leaving. i've been to many of the Rallys the past two years and im sad to to see how poorly it is run. there were rumors flying around that many of the rallys wont be held next year because of all the dangers that they pose, no one would give them insurance.
Hopefully Mitsu will be back in WRC and HIT HARD!!! We can only wait till the first rally in Spring to find out.
Tom
i think that SCCA( Spoiled Children Crashing Automobiles) need to take a look at them selves. Rally in general. With all the spectator deaths this year and with the death of the Lovel team this year at Oregon. i dont blame them for leaving. i've been to many of the Rallys the past two years and im sad to to see how poorly it is run. there were rumors flying around that many of the rallys wont be held next year because of all the dangers that they pose, no one would give them insurance.
Hopefully Mitsu will be back in WRC and HIT HARD!!! We can only wait till the first rally in Spring to find out.
Tom
Nov 15, 2003, 09:23 AM
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Originally posted by tom@kartboy
Hopefully Mitsu will be back in WRC and HIT HARD!!! We can only wait till the first rally in Spring to find out.
Hopefully Mitsu will be back in WRC and HIT HARD!!! We can only wait till the first rally in Spring to find out.