2001 Mitsubishi Montero Xls on 2040-cars

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Junkyard Gem: 2001 Mitsubishi Eclipse GT coupe

2001 was an eventful year for sport compacts, with "The Fast and the Furious" hitting the big screen and the "spider eye" Acura Integra entering its final model year. Mitsubishi Motors North America had released a new version of the Eclipse the year before, bigger and more luxurious than its predecessors; today's Junkyard Gem is one of those third-generation Eclipses, the fastest and most furious version available in 2001: a GT coupe with V6 engine and five-speed manual transmission, found in a Colorado Springs boneyard recently. Named for a 17th-century racehorse, the Eclipse (not to be confused with the present-day Eclipse Cross) began life in the 1990 model year as a Galant-based liftback coupe built in partnership with Chrysler at the new Diamond-Star Motors plant in Normal, Illinois (where Rivians are born today). Chrysler sold its own versions of the Eclipse for a while, with the Plymouth Laser produced through 1994 and the Eagle Talon surviving until the Eagle brand's demise in 1998. By the time this car was built, its closest relatives were the Galant, the Chrysler Sebring coupe and the Dodge Stratus coupe. The MSRP for the GT Coupe was $20,947, or about $35,789 in 2023 dollars. You could get a brand-new Integra GS-R for $22,300 ($38,101 today) in 2001, while the Dodge Neon ACR listed at just $13,845 ($23,655 now). This car was quite a bit more powerful than the 170-horsepower Integra GS-R, with this 3.0-liter 6G72 V6 and its 210 horses under the hood. The workhorse 6G72 went into far too many Mitsubishi, Chrysler and Hyundai vehicles to list here; highlights include the Chrysler TC by Maserati, the Chrysler LeBaron, the Mitsubishi Montero/Dodge Raider, the Mitsubishi Diamante and the Mitsubishi 3000GT/Dodge Stealth. This car has the five-speed manual transmission, as is proper. Buyers who insisted on the four-speed automatic had to shell out an extra grand, or $1,709 after inflation. This car appears to have been in decent cosmetic condition when it arrived at its final parking spot. These stickers were mandatory equipment on Eclipses during the 2000s. Likewise with multiple-bolt-pattern aftermarket wheels. This generation of Eclipse stayed in production through 2004, with its successor continuing to be sold through 2012. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.

Renault will split EV from combustion unit, seeks partnerships

PARIS — Renault has received several partnership proposals for the combustion engine unit it plans to create alongside one dedicated to electric vehicles and software, two sources familiar with the matter said. Renault plans to separate its electric and conventional car businesses, creating two entities to manage the shift towards fossil-free vehicles. "The group has already received partnership demands" for its internal combustion engine unit, one of the sources said. By bringing in partners on the combustion engine side Renault aims to free up funds to invest in electric vehicles, a technology in which it was a pioneer with Nissan and Mitsubishi, but in which it is now eclipsed by pure players such as Tesla. Renault intends to retain majority ownership of its electric division, which will employ about 10,000 people and which could be bourse-listed via an IPO in the second half of 2023. However, it will only remain a reference shareholder, not a controlling shareholder, of the combustion engine unit, which will have similar staff levels, said two other sources familiar with the plans. One of the sources said Renault may hang on to a 40% stake. Renault declined to comment. The carmaker at a capital market day this autumn will set out its plans for its electric arm based in France and the combustion unit headquartered abroad. That entity will include factories producing engines and gear boxes for gasoline and hybrid cars in Spain, Portugal, Turkey, Romania and Latin America. Among potential partners for its combustion engine business, CEO Luca de Meo in April mentioned Nissan, other automotive groups and long-term investors. De Meo is set to travel to Japan next month to discuss potential Japanese participation in its electric and combustion engine projects. Renault is undergoing a major restructuring aimed at restoring its finances and recently signed partnerships beyond its historical alliances with Nissan, Mitsubishi and Mercedes, such as with China's Geely Automobile Holdings. This month it sold 34% of its South Korean unit to Geely, which owns Volvo Cars and is a shareholder in Mercedes. With Geely, Renault plans to develop hybrid vehicles which will be assembled in its plant in Busan, South Korea. Earnings/Financials Green Mitsubishi Nissan Renault

Macron and Abe seek to avert messy Renault-Nissan breakup

TOKYO/PARIS – France and Japan's leaders met for bilateral talks to avert a diplomatic row over the Renault-Nissan-Mitsubishi alliance on Friday following the surprise arrest of its Chairman Carlos Ghosn in Japan. With the carmaking alliance facing its biggest test after the ousting of Ghosn at Nissan and affiliate Mitsubishi over financial misconduct allegations, President Emmanuel Macron sat down with Prime Minister Shinzo Abe at the G20 summit in Buenos Aires. Ghosn's arrest to face accusations including the under-reporting of income has triggered new attempts by Nissan to weaken Renault's control of the Franco-Japanese alliance, adding to challenges facing Macron at home. Macron, whose government has repeatedly pressed Japan to share evidence unearthed by Nissan's internal investigation into Ghosn, "restated his firm wish that the alliance should be preserved, along with the stability of the group," an Elysee official said after Friday's meeting with Abe. Abe said it was important to "maintain a stable relationship," according to a spokesman for the Japanese leader. "However, he said the future of the alliance is up to the private-sector shareholders. The government of Japan does not prejudge the future of the alliance," the spokesman said. The French official quoted Abe as telling Macron that "the legal process must be allowed to take its course." LEADERLESS Tokyo authorities on Friday extended Ghosn's detention for a second time, by the maximum-allowed 10 days, local media reported. Prosecutors must file charges by Dec. 10 or arrest Ghosn for new crimes to hold him beyond that date. Tokyo prosecutors declined to comment. Nissan did not immediately respond to a request for comment. Ghosn's detention has left the global auto alliance without its leader and main interlocutor with the French government, which owns 15 percent of Renault and wants to maintain the ownership structure enshrining its control of the partnership. But Nissan Chief Executive Hiroto Saikawa has made clear that Nissan wants to weaken the control of its smaller parent as it carries out a governance review. Renault's 43.4 percent Nissan stake ensures an effective voting majority at shareholder meetings, while Nissan's reciprocal 15 percent Renault holding carries no voting rights.