More Bad News About Mitsu...

**oldblue** · July 20th, 2006 05:26 AM

Originally Posted by basti08

nako! sana malagpasan ng Mitsu toh!

sana bumalik din yung time tulad nung 90s kung saan kumakasa pa sila sa top dogs Toyota and Honda.

puwede lang kumasa mitsu dito kung maglalabas sila ng pantabla sa fortuner. yun suv version ng triton strada. eh kaya lang pati triton di pa din mailabas-labas.

**redorange** · July 20th, 2006 05:33 AM

Originally Posted by Jun aka Pekto

It also covers a period from 1989-1999. Is there a more current version of that graph?

It also has Mitsu, Hyundai, and Chrysler as the top three. Anybody notice that all three are partners in engine and technology development?

**oldblue** · July 20th, 2006 05:35 AM

Originally Posted by theveed

Ibang usapan yung oldblue, the FB will not make or break Mitsubishi's survival hehe... Selling a 10-15 year old brand new car hardly counts as making a sale, more like salvaging inventory.

hehehe yan ang style ng mitsu ngaun. tingin ko they're still making money on the FB's. 600K sa halos puro lata na body. laki tubo nyan hehehe.

compare production between a 650k L300FB and a 650k Honda Jazz. sigurado pati Honda mapapakamot ulo sa laki ng margin ng Mitsu sa L300

meron pa silang bago model ngaun na sinasabay sa trend ng L300FB. yun adventure. up to now dami pa din bumibili. next year isang dekada na modelo na'to. yun Toyota nakatatlo AUV model na, pero Mitsu yun pa din!

kaya siguro di inintroduce dito yan Zinger.

regarding Grandis, 3rd gen Pajero, Galant, Montero. tingin ko ginagaya lang nila Suzuki. stock small inventory or dont stock at all, tapos pinapamahal ng husto. Toyota kasi, parang Genghis Khan ang mentality, conquer all markets all car categories. pero Mitsu alam nila kung ano lang mabenta at affordable bilhin, at dun sila nag-concentrate.

**KoKoNAT** · July 20th, 2006 10:24 AM

This is old news. Read the article below.

27.04.2006 08:16
Mitsubishi Motors posts first opg profit in 3 yrs; net loss shrinks

TOKYO (AFX) - Mitsubishi Motors Corp (Nachrichten) reported its first operating profit in three years in the year ended March 31 and trimmed its net loss sharply although not as forecast as the company's North American operations continued to suffer.

But thanks to cost-cutting and rising vehicle sales at home and in Europe,

Japan's fourth-largest automaker said it made an operating profit of 6.8 bln yen, reversing the year-earlier loss of 128.5 bln.

Mitsubishi cut its net loss to 92.2 bln yen from 474.8 bln, still wider than what it had expected due to weak North American operations.

'As sales in Europe and Japan are now improving, I think we were on the right track in the first year of our three-year turnaround plan,' Mitsubishi Motors chief financial officer Hiizu Ichikawa said at a news conference.

In January, the automaker projected full-year net loss of 64 bln yen and operating loss of 14 bln on revenue of 2.22 trln.

'Given the continued struggle in the North American business, we took necessary accounting treatment there to eliminate any hidden future risks,' said Ichikawa, explaining the bigger than expected net loss.

The automaker said it incurred 74 bln yen in charges including costs to write off the value of its US subsidiaries.

But that was just about a fourth of the 290 bln yen in charges Mitsubishi took in the year to March 2005 to restructure its operations and balance sheet.

Profitability improved despite revenue staying at 2.12 trln yen for the year, after the firm ended its original equipment manufacturer supply contract with DaimlerChrysler AG and its Dutch unit NedCar terminated a similar deal with Volvo.

Global sales of Mitsubishi-brand vehicles rose to 1.34 mln units from 1.31 mln units. That was still short of an earlier plan to sell 1.37 mln units due to sluggish sales in North America.

'It may take some time before we can fully rebuild the North American operation,' Ichikawa said.

For the current business year, Mitsubishi Motors forecasts net profit of 8 bln yen and operating profit of 43 bln on revenue of 2.23 trln, assuming global retail sales will reach 1.41 mln units.

'As committed, we aim to make a net profit in this fiscal year but we want to solidify our profit-generating capabilities more in the year to March 2008,' Ichikawa said.

Source: Finanz Nachrichten

**theveed** · July 20th, 2006 12:56 PM

Kokonat: If you read the first post, it was posted 2004 hehe.

**Automahn** · July 20th, 2006 08:34 PM

Pansin ko lang, mula nung nagpalit from PAMCOR to MMPI yung management ng Mitsu hindi na dynamic yung product line nila at nawala yung aggressiveness nila sa marketing kaya nagsuffer siyempre ang sales.

**theveed** · July 20th, 2006 08:46 PM

Automahn: I doubt it has much to do with it, worldwide, nobody buys Mitsubishi. If the company is broke, funding for everything, including marketing (which is a lot), trickles as well, no matter what country it may be.

**imperialv** · July 20th, 2006 09:08 PM

Originally Posted by theveed

Automahn: I doubt it has much to do with it, worldwide, nobody buys Mitsubishi. If the company is broke, funding for everything, including marketing (which is a lot), trickles as well, no matter what country it may be.

question lang po.. dba masyadong luma na yung survey.. i think ang hyundai nag improve na in terms of quality

**theveed** · July 20th, 2006 09:19 PM

Anong kinalaman po ng Hyundai dito?

**Jun aka Pekto** · July 21st, 2006 04:31 AM

Originally Posted by theveed

Anong kinalaman po ng Hyundai dito?

During that time frame, I do remember that a non-turbo version of the 2.0 Mitsu engine that powered my Laser RS Turbo(1G Eclipse GS-T) was used by the Sonata. Some Sonata modders did in fact swap the non-turbo engine for a turbo version. So, yep. Mitsu, Hyundai, and Chrysler did share engine technology. I'm not sure if they still do today, though.

Edit: the Chrysler Sebring and Dodge Stratus should still be using the 2.7L 200hp Mitsu V6.