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Mitsubishi was hardly a leader in the Automotive arena. Hope they had better luck with their TV's....
I have one of their big DLP TV's, too. 10 years old and still going strong.
I'm on my 3rd "light engine" (the thingie with all the mirrors) but otherwise very good.
Mitsubishi was always the red-headed stepchild of the Japanese auto industry along with Suzuki. The Montero was a rolling tin can masquerading as an SUV. They had some bad names at least for the US. Lancer, Starion, Galant, 3000GT VR-4, Diamante? You can't sell a car with a bad name.
Mitsubishi was hardly a leader in the Automotive arena. Hope they had better luck with their TV's....
Not true. Back in the 80's and 90's, Mitsubishi turbo technology was arguably the best in the world, thanks to MHI (Mitsu Heavy Industries.) Most turbocharged cars regardless of manufacturer were running MHI turbos.
Then you've got their 3000GT. Twin turbos, electronic adjustable suspension, all wheel drive, all wheel steering, active aerodynamics... and that was in 1990. To put that in perspective, Porsche didn't offer all of that on their much more expensive 911 turbo until 2014.
Since when is a 34% stake a controlling interest in a company?
Ford had a controlling interest in Mazda with 33.4%, which is the legal line for controlling interest in Japan.
"Japanese corporations require board decisions to be made by 2/3rds supermajority; 66.7% of the board must agree. Thus a minority shareholder with 33.4% holds a controlling interest since they can veto any decision."
Mitsubishi was always the red-headed stepchild of the Japanese auto industry along with Suzuki. The Montero was a rolling tin can masquerading as an SUV. They had some bad names at least for the US. Lancer, Starion, Galant, 3000GT VR-4, Diamante? You can't sell a car with a bad name.
The Montero was masquerading as an SUV?
Got news for ya, there were very few SUV's more capable than a 1st gen Montero.
That thing could go just about anywhere and had a bunch of 4WD modes. It was unstoppable in 4-LO.
It even had a mechanical suspension driver's seat.
I bought a 8 year old 1990 Montero off a co-worker's dad (a meticulous maintainer) and drove it myself for 9 more years until the tin worms got it and it basically fell apart.
Mitsubishi's road to oblivion began when they quit making reliable copies of Land Rovers right about the time Land Rover-ish vehicles went mainstream. That was a disastrous decision.
If Nissan is smart, they will return the Pajero/Montero to the U.S. market.
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