Archive for the ‘Mitsubishi’ Category

Lancer Evolution, Mitsubishi’s iconic high performance sports sedan has been named Best Performance Car under $50,000 by Motoring 2009, Canada’s longest running automotive journalism television show. This prestigious award will be shared this year with the Subaru WRX STI, as the voting for the category of Best Performance Car produced a tie result for the first time in the 22 year history of the Motoring Car of the Year awards.
mistsubishi lancer

Japan’s Mitsubishi Motors Corp. said it fell into the red in the last financial year, due to a sharp fall in sales and a stronger yen, but forecasts a return to profit this year.

Japan’s fourth-largest carmaker reported a net loss of 54.9 billion yen (566 million dollars) for the year to March, a turnaround from a profit of 34.7 billion yen in the preceding year.