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1988 Mitsubishi Starion Esi-r Coupe 2-door 2.6l on 2040-cars

US $7,500.00
Year:1988 Mileage:137310
Location:

Salem, Oregon, United States

Salem, Oregon, United States

This car is a true survivor that is very good condition for its age. I have spent the last year getting this unique car back on the road. It is a West Coast car and is rust free. I have only driven the car 300 miles since it's completion. Here is a detailed list of what has been professionally done to this car:

Professional engine rebuild:

Original block was hot tanked, bored, and milled. New pistons were installed and the connecting rods were reconditioned. The balance shaft was deleted and new timing chain and guides were installed. The original crankshaft was reconditioned. A new mild cam was installed. The head is a new non-jet type that was polished and intake and exhaust matched. New valves, guides, and seals were installed. ARP head studs were used to install the new head. All new seals, gaskets, and bearings were installed. The oil pump was replaced with a new unit as was the water pump. New engine mounts were installed prior to the engine being installed in the car. A new 14G turbo was installed with a new down-pipe. New Venom injectors were installed. A new Centerforce stage 2 clutch disc and pressure plate were mated to a lightened flywheel and installed. I installed an aluminum radiator with a custom shroud and two high volume electric fans. The car has an aftermarket polished intake pipe with an aftermarket blow-off valve.

Other new components include: a new alternator, all new belts and hoses, and battery. A Kenwood stereo was installed that includes HD radio and Bluetooth. New Alpine component speakers were installed in the doors and Alpine 3-way speakers were installed in the back. It also has a digital Alpine amplifier and is wired for a sub.

The interior of the car is in amazing condition! The original carpet was removed and professionally cleaned and then reinstalled. I had the original seats recovered in black vinyl with perforated inserts to match the original covers. The dash does not have any cracks. The center console armrest is intact and the pad is without defects. The automatic seatbelts work well. Both power windows roll up and down smoothly. The automatic locks work. All gauges and light work as they should. The digital climate control works.

The car has been repainted some time ago but the paint is in good shape. It does have some scratches and the front air dam is damaged. The body is straight and is rust free.

This car is for sale locally and this auction can be terminated by the seller at any time.

Mitsubishi Evolution for Sale

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Auto blog

Mitsubishi hopes to raise $2.5B with stock sale

Wed, 22 Jan 2014

Mitsubishi, which dates all the way back to 1870, is one of the oldest business collectives in Japan. Today, the various businesses that share the Mitsubishi name are largely independent of each other. The automotive unit, however, has fallen on hard times over the past few years.
Back in 2004 and 2005, Mitsubishi Motors sold billions of preferred shares to sister companies like Mitsubishi UFJ Financial Group, Mitsubishi Heavy Industries and Mitsubishi Corp. Now the automaker is preparing to buy back those shares, only to raise the capital, it's selling $2.5 billion worth of shares, simultaneously paying stock dividends for the first time in over 16 years.
The stock issue will reportedly include as many as 241 million shares at a value of $10.73 each. The move is part of a long-term reorganization being implemented by the automaker's president Osamu Masuko, and is expected to help the company double its net income and eliminate all outstanding preferred shares by the end of the fiscal year closing in March.

A realistic approach to fixing Mitsubishi

Tue, May 24 2016

There are going to be a lot of words written about what Nissan needs to do with Mitsubishi in the coming months and years in the interest of turning the brand around. After Nissan's purchase of a controlling stake in the diamond star brand, there's been more interest in Mitsubishi thanks to the potential of platform sharing and plenty of cash from Nissan-Renault to get the juices flowing again. But, while some have been doing their best to advocate for the return of the 3000GT, Evolution, and even the Starion - Many of these posts forget the reality of the market we live in today. As much as we like to look back fondly at the sports coupes of the '90s, a byproduct of the insane cash flows all the Japanese manufacturers had at the time, the reality of today puts a much greater emphasis on what is most-boring; Crossover SUVs, alongside mid-size and compact sedans. We do need to ask a fundamental question, how much Mitsubishi is enough to be able to continue to call the cars Mitsubishis? Aside from slight product revisions and reconfigurations, Mitsubishi (at least in North America) has been largely dependent on the same GS platform and 4B1 engines that date back to their long-time partnership with Chrysler (and Hyundai) in the mid '00s. Admittedly, the chassis and engines have served the company well, underpinning a wide variety of vehicles sold around the world, and seeing quite a few revisions to at least attempt to keep products competitive. But, the GS chassis is old, heavy, and severely out of date - and when matched to the underpowered 4B1 series engines - make for largely uncompetitive offerings in the market. While something like the Outlander Sport is indeed interesting compared to a Honda CR-V, it is by no means the smart choice in the segment. So, going forward, unless Mitsubishi has had a skunkworks of sorts developing their chassis and engine replacements over the past few years, what exactly are they planning to do for their bread-and-butter models? I think the straightforward answer is without a doubt the Nissan North America parts bin. With so many of their models selling well, and for the most part, are reasonably well-reviewed, it would be quite simple to adapt the chassis and powertrain to Mitsubishi's liking to create a high-volume alternative to what is currently available now.

Renault-Nissan-Mitsubishi pool $200 million to invest in tech startups

Fri, Jan 5 2018

PARIS — The Renault-Nissan-Mitsubishi alliance is setting up a $200 million mobility tech fund, three sources said, in the latest move by major carmakers to adapt to rapid industry change by investing in startups through their own venture capital arms. The fund, due to be unveiled by Chief Executive Carlos Ghosn at the CES tech industry show in Las Vegas next Tuesday, will be 40 percent financed by Renault, 40 percent by Nissan and 20 percent by Mitsubishi. "It will allow us to move faster on acquisitions ahead of our competition," one of the alliance sources told Reuters. Frederique Le Greves, a spokeswoman for the Renault-Nissan-Mitsubishi alliance, declined to comment. The traditional auto industry model based on individual ownership is threatened by pay-per-use services such as Uber, as well as ride- and car-sharing platforms, a challenge heightened by parallel shifts towards electrified and self-driving cars. Wary carmakers are struggling to embrace changes and technologies that some of their executives are only beginning to grasp. To accelerate the process, many are investing directly in the new services — and gaining access to intellectual property — via their own corporate venture capital (CVC) funds. BMW has purchased stakes in a plethora of ride-sharing, smart-charging and autonomous vehicle software firms through its 500 million euro ($600 million) iVentures fund, the biggest such in-house facility belonging to a carmaker. Among others that have been increasingly active are General Motors' GM Ventures, with $240 million, and Peugeot-maker PSA Group's 100 million-euro investment arm. CVC funds, a familiar feature of innovative sectors such as tech and pharmaceuticals, have become more commonplace among carmakers since the 2008-9 financial crisis. They let companies skip some of the formalities otherwise required for new investments, and pounce more swiftly on promising startups. The Renault-Nissan-Mitsubishi venture will also obviate the current need to thrash out the ownership split for each new alliance acquisition. It represents a further step in the integration of the carmakers as they pursue 10 billion euros in annual synergies by 2022. France's Renault holds a 43.4 percent stake in Nissan, which in turn controls Mitsubishi. Ghosn heads Renault and chairs all three.