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I am selling a 1997 Mitsubishi Eclipse GST Spyder. I am going to try to summarize the car as best as possible. Let me start by saying that I am the third owner and that my friend bought it from the original owner last year and barely drove it. Him and I have put a lot of work into the car as far as small details to get the car back to where it needed to be. This car is very rare. It was well taken care of and was never modified or abused. The stock intake, intercooler, blowoff valve, etc. are still there. This car will make a perfect project or just a daily driver without needing a thing. The car has received fresh plugs, valve cover gasket and grommets, new accessory belts, new front rotors, calipers and pads, fresh pads in the rear. The previous owner had changed the top with new seals throughout and has never leaked that I know of. The car drives on four matching and almost new Continental DWS tires which are great in the snow. The clutch grabs perfectly and was changed at around 120k. The only things wrong with the car that I can think of that need to be done if you are a perfectionist is to respray the body cladding on the driver side. The car has perfect shock towers as I know that this is a problem with these vehicles. The car does have some surface rust creeping up on the lower door jams on both sides underneath the side skirts as well. The original radio was pulled and replaced with a pioneer head unit with an aux jack. I cannot think of anything else to say about this car other than that it has plenty of life left in it. I am selling the car "As Is." The car will last you a long time and can be driven with full confidence.
Please bid with confidence. I have a reserve price set. I will need a $500 deposit 24 hours after the end of auction and full amount paid within 72 hours via Paypal. I reserve the right to end the auction early for any reason.

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Auto blog

Mitsubishi boss says US operations may break even next year

Sat, 23 Nov 2013

Mitsubishi has lost money in its North America operations every year since 2007, but in an interview at this week's Tokyo Motor Show, company president Osamu Masuko said, "If things keep going well, it might be the case that we break even this year," Automotive News reports.
A little context: Last month Mitsubishi predicted that it would lower its operating loss in the region to 4-billion yen ($40.7 million) by March 31, the end of the fiscal year, well below the previous fiscal year's operating loss of more than five times that amount. Reflecting that, production at the Japanese automaker's sole North American factory in Normal, Illinois, has grown to 56,630 vehicles through October, compared to 27,339 through the same period last year.
The plant makes the Outlander Sport for the US and for export to markets such as Russia, the Middle East and Latin America. Interestingly, out of the 56,630 Outlander Sports built at the Illinois plant through October, only 20,150 were sold in the US.

Autoblog Podcast #357

Thu, 14 Nov 2013

Episode #357 of the Autoblog podcast is here, and this week, Dan Roth and Jeff Ross are joined by Jeff Glucker of Hooniverse.com. Topics include the SEMA Show, the Cadillac CTS being named the Motor Trend Car of the Year, Mitsubishi's near-term plans and the 2015 Subaru WRX. We start with what's in the garage and finish up with some of your questions, and for those of you who hung with us live on our UStream channel, thanks for taking the time. You can follow along after the jump with our Q&A. Thanks for listening!
Autoblog Podcast #357:
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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.

1997 Mitsubishi Eclipse Spyder Gst 5-speed on 2040-cars

Mitsubishi Eclipse for Sale