Mitsu kills the Evo... finally... :D
04-07-2014, 06:06 AM
#41
Love Evo's and sad to see this but I new it wouldn't be long. Driving down the road, how many new Mitsu's do you see honestly, hardly any. I don't see the WRX platform going anyplace. Subaru has a much larger backing and much better sales numbers than Mitsu.
04-07-2014, 06:12 AM
#42
Yes, Mitsubishi is doing away with the Evo. No, they're not leaving the US or going to go bankrupt as a result of this move, or any other move they have made in the last several years. And it doesn't appear they are done making sports cars.
As I've stated an number of times on this forum...
In 2003 Mitsubishi divorced Chrysler and left Diamond Star Motors behind. Then end of DSM left Mitsubishi with substantial debt. This debts has left the company in the "not profitable" category for several years.
This lack of profitability was furthered by Denny Hecker. If you're not from Minnesota, you've probably never heard of him. But he's now in jail for a number of things. One of the shade ball things he once pulled involved Mitsubishi Motors North America. MMNA had several millions of dollars in lease returned cars. Hecker had several million dollars in adverting spots. They struck a deal and traded, cars for advertising. What someone at MMNA failed to realize or ask is that they advertising spots they had just traded were all in the middle of the night. So for year Mitsubishi's entire advertising budget was spend advertising to insomniacs.
However, is 2012 Mitsubishi deliberately discontinued the Endeavor, Gallant, and Eclipse. All vehicles that were made in their Normal, IL plant. They invested 100 million dollars in to the plant to make way for its new flag ship car, the Mitsubishi Outlander Sport, or RVR as it's called in other markets.
As of 2013, Mitsubishi has paid off it's remaining debts from the DSM era, and reported record sales, and profits for the first time in 7 years.
Furthermore, they have several cars in development. And, they recently shook hands with Renault and will be bringing two sedans to the US made by the French auto maker, and selling them under the Mitsu badge.
As I've stated an number of times on this forum...
In 2003 Mitsubishi divorced Chrysler and left Diamond Star Motors behind. Then end of DSM left Mitsubishi with substantial debt. This debts has left the company in the "not profitable" category for several years.
This lack of profitability was furthered by Denny Hecker. If you're not from Minnesota, you've probably never heard of him. But he's now in jail for a number of things. One of the shade ball things he once pulled involved Mitsubishi Motors North America. MMNA had several millions of dollars in lease returned cars. Hecker had several million dollars in adverting spots. They struck a deal and traded, cars for advertising. What someone at MMNA failed to realize or ask is that they advertising spots they had just traded were all in the middle of the night. So for year Mitsubishi's entire advertising budget was spend advertising to insomniacs.
However, is 2012 Mitsubishi deliberately discontinued the Endeavor, Gallant, and Eclipse. All vehicles that were made in their Normal, IL plant. They invested 100 million dollars in to the plant to make way for its new flag ship car, the Mitsubishi Outlander Sport, or RVR as it's called in other markets.
As of 2013, Mitsubishi has paid off it's remaining debts from the DSM era, and reported record sales, and profits for the first time in 7 years.
Furthermore, they have several cars in development. And, they recently shook hands with Renault and will be bringing two sedans to the US made by the French auto maker, and selling them under the Mitsu badge.
04-08-2014, 10:54 AM
#43
It already is. Evo X is basically the same engine in the Hyundai Genesis.
04-08-2014, 11:08 AM
#44
The Evo's engine is way stronger than the engine in the Genesis. They share the same basic architecture and that's about it. The Evo engine spec is much higher with plenty of forged parts and a stronger block. While the dimensions are virtually identical for many of the parts, the materials/method of manufacture are not and therein lies a very big difference.
http://www.motoiq.com/MagazineArticl...fferences.aspx
http://www.motoiq.com/MagazineArticl...fferences.aspx
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