1997 Mitsubishi Eclipse Rs (built And Turbo) on 2040-cars

Auto blog

Mitsubishi Outlander PHEV's US debut pushed back yet again [UPDATE]

UPDATE: The story's been updated to include a response from Mitsubishi. Better late than never, the saying goes, and when it comes to the US debut of the Mitsubishi Outlander Plug-in Hybrid, the key words are "better" and "late." The crossover's debut in the US has already been the subject of a number of delays, and it is will once again having its stateside debut pushed back by a few months, according to Green Car Reports. Instead of a springtime arrival, we're now looking at late summer. We already know that the first US Outlander is an updated model compared to the one currently sold in Europe and Japan, but the Japanese automaker is apparently still tweaking the model to make it better suited for US driving. That means an improved interior and better sound insulation for what will be the 2017 model-year Outlander PHEV, and will likely involve better performance for both drivetrain power and fuel efficiency. "We decided to bring in the Outlander PHEV along with the 2017 Outlander launch," Mitsubishi spokesman Alex Fedorak wrote in an e-mail to Autoblog. "Doing so will allow us to better equip the vehicle for the US market." We doubt major changes are in store, so it still looks like the plug-in Outlander will pair a 2.0-liter gas engine with two electric motors. The crossover PHEV can go about 32 miles on electricity alone, at least, it can on the more lenient European driving cycle. The Outlander PHEV was first slated for a 2014 US debut, but that was pushed back to 2015 because of a battery shortage. More recently, Mitsubishi said this past January that the US debut would take place in April 2016. Overseas, the model continues to make headway when it comes to global market share of plug-in vehicles. Through November, Mitsubishi moved more than 36,000 units of the Outlander Plug-in Hybrid worldwide. That puts it third among plug-in vehicles, trailing only the sales of the Tesla Model S and the Nissan Leaf electric vehicles, according to EV Sales. Featured Gallery Plug In 2014: Mitsubishi Outlander PHEV View 12 Photos News Source: Green Car ReportsImage Credit: Copyright 2015 Sebastian Blanco / AOL Green Mitsubishi Hybrid

Mitsubishi is auctioning its entire UK heritage fleet with no reserve

Mitsubishi will exit the United Kingdom in the fall of 2021 after struggling for several years, and its losses can be your gain. Before it leaves, it will auction its fleet of 14 beautifully-preserved classic models with no reserve. There are 14 classics that need a new home, and the collection includes something for everyone. Enthusiasts can bid on a 1974 Lancer 1400 that stands out as the first Mitsubishi ever registered in the United Kingdom. It was displayed at the 1974 edition of the British Motor Show, and it's bid to 15,000 pounds (around $20,800) as of writing. Another 47-year-old classic is a Colt Galant 2.0 imported to the United Kingdom in the spring of 1974 and used as a demonstrator to recruit dealers. It's currently sitting at 5,000 pounds, which represents about $7,000. For something quicker, there are several versions of the Lancer Evolution to choose from. One is a 2001 model signed by pilot Tommi Makinen. Another is a 2015 FQ-440 MR, a limited-edition model built in 40 examples to send off the nameplate. There is also a 2008 Evo, and a 2007 model built to Group N rally specifications. It competed in the British Rally Championship in 2007 and 2008. Alternatively, a Galant-based rally car is up for grabs, too. Coupes are relatively well represented, with a 1988 Starion whose engine was recently overhauled, and a 1992 3000GT. Performance is only one part of the Mitsubishi story, however; off-roading is another, and there are several SUVs to choose from. Mitsubishi is selling a 1987 short-wheelbase Shogun, which was sold as the Montero in the United States, a 2000 Shogun, and an L200 Desert Warrior pickup. Our favorite of the lot is a 1983 Jeep J27, which, as its name implies, was produced under license from Willys. It was given a full restoration in the 2000s. Mitsubishi is also selling a 7/10-scale replica of the Model A. Finally, it's letting go of numerous personalized plates, and it's parting with a 2015 Outlander finished in Glacier Blue and showing approximately 1,800 miles. Bidding started on April 1, 2021, and each auction is scheduled to end on April 30, 2021. If you want to bag one of Mitsubishi's classics, visit the Auto Auction website to place a bid and keep your fingers crossed. The collection is located in England, but many of the cars are old enough to be imported to America and registered in most states.

PSA shares rise following FCA's breakup with Renault

Shares in Groupe PSA, parent company of automakers Peugeot, Citroen and the DS brand, rose on Thursday as analysts considered the possibility that Fiat Chrysler could turn back to PSA after withdrawing its $35 billion merger offer for Renault. "Both parties have acknowledged the need for scale or [mergers and acquisitions] and may pursue other opportunities. If Nissan was an obstacle (to an FCA-Renault deal) PSA-FCA discussions could resume," wrote brokerage Jefferies. Back in March at the Geneva Motor Show, rumors started swirling that PSA was interested in a potential merger with FCA. Mike Manley, who took over at the helm of Fiat Chrysler following the death of Sergio Marchionne, had indicated a willingness to look into potential partnership options. Of course, that was all before FCA proposed a merger with Renault — with that deal now off the table, attention naturally turns back to PSA, which is also based in France. "We expect both shares to react negatively but see FCA having wider strategic options and Renault shares more downside risk near-term," said Jefferies. According to Reuters, PSA shares were up 1.5% at the time this was published, making it the top-performing stock on France's benchmark CAC-40 Index. Renault saw its shares slump 7%. Shares for FCA fell 3% in early trading on the Milan Stock Exchange. Considering that FCA said in its statement confirming the withdraw of its merger offer with Renault that "political conditions in France do not currently exist for such a combination to proceed successfully," we have to wonder how keen the company is to begin negotiations with another French automaker like PSA. Those thoughts were similarly voiced by Bernstein Research analyst Max Warburton, who said (via Forbes), "Expect PSA to rise on unrealistic hopes it may be FCA's next date." Earnings/Financials Chrysler Fiat Mitsubishi Nissan Citroen Peugeot Renault FCA renault-nissan