2006 Mitsubishi Eclipse Gt Hatchback 2-door 3.8l - 90k Miles - Clean Autocheck on 2040-cars

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Watch Mitsubishi break the EV record at Pikes Peak

Take a listen folks - you're hearing the eventual future of motorsports. This is Greg Tracy and the Mitsubishi MiEV Evolution III as they assault the treacherous course at Pikes Peak in just 9:08.188.
This run is significant for a number of reasons. As we recapped in our Pikes Peak finale post, Tracy's run was a mere two seconds off the best overall time at this year's event, snagging him and Mitsubishi second place overall, as well as first in the Electric Modified class and the fourth fastest time ever recorded. Perhaps more importantly, though, Tracy thoroughly trounced the previous EV record at Pikes Peak, beating the legendary Nobuhiro "Monster" Tajima's 2013 best of 9:46.530.
It's an impressive feat, and now you can experience the whole run from as near a first-person viewpoint as you're going to get. Scroll down and have a look.

Mitsubishi to debut Concept G4 sedan in Bangkok

With the Bangkok Motor Show coming up at the end of this month, Mitsubishi is giving us a teaser of a new concept vehicle called the Concept G4. Standing for "Global 4-door," the G4 shows what Mitsubishi has planned for its global compact sedan, which is known as the Mitsubishi Lancer in most parts of the world.
This single sketch doesn't provide too many details about the new concept, but we can see cues like the oversized headlights, a six-sided grille, vertical foglight bezels and sharp body lines. From what we can tell of the teaser, Mitsubishi might be moving away from the in-your-face, gaping-grille design introduced on the current Lancer, but we're also getting a lot of Kia and Nissan vibes. This will be Mitsubishi's third concept vehicle to debut this month following the Concept CA-MiEV and Concept GR-HEV we saw in Geneva.
In a press release posted below, Mitsubishi says that this car will be powered by a 1.2-liter MIVEC engine paired to a continuously variable transmission, and that many aspects of the car's development will help reduce weight.

Mitsubishi hopes to raise $2.5B with stock sale

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.