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Old 06-10-2004   #1
CopperGSX
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The news finally broke in the States.

My wife is Japanese and thru constant contact with friends and family in Japan heard Mitsubishi is in a world of sh*t. I was told they have been covering up safety recalls on vehicles in Japan. They were caught and basically put on probation. I heard they got caught again this year and had been mandated to recall all their vehicles. Here's proof that things are going bad.
http://story.news.yahoo.com/news?tm...tsubishi_motors

I just hope the Eclipse and Evo don't become the AMC Javelin of the future. Well maybe they will be collectors cars in a few years.

Chad
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Old 06-10-2004   #2
DSMPARTSGURU
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the recal truble was in the fuso line of med/heavy duty trucks. a different division form the cars. Mitsu is in the middle of major rework including daimler chrysler pulling out of financial help.

chris
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Old 06-10-2004   #3
Shane@DBPerformance
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You don't have to be in Japan to know this. It has been all over the news the last few months.
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Old 06-10-2004   #4
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Okay, so you know about this. It is the first I have seen of it in the states. Just thought it would be nice to share. I have known about this since it started because I have friends in Japan. Yes I know it is with the Fuso line of trucks but you have to understand that was the biggest selling truck for many years. Delivery truck, dump trucks, garbage trucks, you name it most are FUSO. I had the opportunity to get squished by one in my old RX-7 in Japan. Car was totaled and not a fun experience. You start recalling all of them it is going to affect the future of the company. Not to mention and court issues from the people that were killed, Being under the governmental microscope and so on. This could put them out of buisness very easily. The sale of the stock also hurts.
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Old 06-10-2004   #5
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they got bailed out
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Old 06-10-2004   #6
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Sorry to rock your boat, it's just that we've already have at least 2 threads on this board about Mitsu being in the shitter.

But thanks for sharing again
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Old 06-11-2004   #7
CopperGSX
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I guess I should have searched. Sorry go ahead and delete this thread.
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Old 06-13-2004   #8
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He was actually telling us some new news. About how a few of the heads at mitsu in Japan finally got caught and put away.
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Old 06-14-2004   #9
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http://www.cnn.com/2004/BUSINESS/06/10/jap....mmc/index.html
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Old 06-15-2004   #10
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Heres a couple more.

http://www.msnbc.msn.com/id/5207688/

http://www.stuff.co.nz/stuff/0,2106,294004...43a6026,00.html

All truck stuff.
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