Mitsubishi to Scrap Montero Sport, Diamante
07-26-2004, 10:03 PM
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Mitsubishi to Scrap Montero Sport, Diamante
Mitsu to Scrap Montero Sport, Diamante - - Source: The Car Connection
Two slow-selling models in the Mitsubishi lineup are being deleted at the end of the current model year, Automotive News reports. The Mitsu Diamante sedan and the Montero Sport SUV will be dropped - and the paper adds, the brand could drop its seven-seat Montero SUV in another couple of years. Mitsubishi's dire financial straits mean that replacements for the Sport and Diamante have fallen off the planning radar, leaving the top-line Galant GTS to replace the Diamante in the U.S., and upmarket versions of the Endeavor crossover to step in for the five-passenger Montero Sport. The Montero, the paper reports, could go away if Mitsubishi cannot finance the engineering updates needed to import it to the U.S. in 2007, when new safety and emissions regulations come into play.
Two slow-selling models in the Mitsubishi lineup are being deleted at the end of the current model year, Automotive News reports. The Mitsu Diamante sedan and the Montero Sport SUV will be dropped - and the paper adds, the brand could drop its seven-seat Montero SUV in another couple of years. Mitsubishi's dire financial straits mean that replacements for the Sport and Diamante have fallen off the planning radar, leaving the top-line Galant GTS to replace the Diamante in the U.S., and upmarket versions of the Endeavor crossover to step in for the five-passenger Montero Sport. The Montero, the paper reports, could go away if Mitsubishi cannot finance the engineering updates needed to import it to the U.S. in 2007, when new safety and emissions regulations come into play.
07-26-2004, 10:17 PM
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Wow.. Mitsubishi really is in deep trouble. i think there is a chance they won't be around much longer in the US if they don't try to drastically improve
07-26-2004, 10:23 PM
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They are in such deep financial trouble, I am totally not surpirsed by these moves. I would not be surprised to see them be bought soon or make even more drastic moves.
07-26-2004, 10:25 PM
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I think their only hope is being bought or a big cash infusion by another car company. I don't think they can right themselves alone. Nissan needed the help from Renault, but I'm not sure many are lining up to resurrect Mitsubishi unfortunately.
07-27-2004, 02:41 AM
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1. If you can't sell a SUV in America, you pretty much suck. People buy these things with blind eyes.
2. Mitsu is going, going, gone. No way it can compete. Toytoa, Honda, Nissan. Then the Koreans are emerging. Hell SUBURU is making great moves.
Bye bye!
2. Mitsu is going, going, gone. No way it can compete. Toytoa, Honda, Nissan. Then the Koreans are emerging. Hell SUBURU is making great moves.
Bye bye!
07-27-2004, 10:39 AM
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Originally Posted by 1SICKLEX
1. If you can't sell a SUV in America, you pretty much suck. People buy these things with blind eyes.
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07-27-2004, 10:45 AM
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Pit Stop?
I actually liked the Diamante, but I don't think I'd ever buy one for the price they are asking. Mitsu started it's American downfall with the 3rd gen Eclipse, IMO.
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