Thursday, June 24, 2004

Today's Update from thecarconnection.com:
Rats leaving the sinking ship at Mitsubishi and the first car imported from China


A couple interesting news items from thecarconnection.com's Daily Edition:

Mitsubishi's sales were off 40% in the past year, and the top executives are starting to leave. Credit rating for the company has slipped to CCC.

The Chinese maker of an ultra-compact car called the Uliou has applied for U.S. Certification of the car. They are currently putting together their U.S. Distribution network. The car is based upon the Daihatsu Charade and will be priced around $7,000.


The Car Connection [ The Web's Automotive Authority ]

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