2006 Mitsubishi Galant Es Sedan 4-door 2.4l on 2040-cars
Staten Island, New York, United States
Body Type:Sedan
Vehicle Title:Clear
Engine:2.4L 2378CC l4 GAS SOHC Naturally Aspirated
Fuel Type:GAS
For Sale By:Owner
Make: Mitsubishi
Model: Galant
Warranty: None
Trim: ES Sedan 4-Door
Options: CD Player
Drive Type: FWD
Safety Features: Anti-Lock Brakes, Driver Airbag, Passenger Airbag
Mileage: 10,017
Power Options: Air Conditioning, Cruise Control, Power Locks, Power Windows
Sub Model: Es
Exterior Color: Red
Number of Doors: 4
Interior Color: Grey
Number of Cylinders: 4
For sale by original owner, I am selling my 2006 Mitsubishi Galant ES for 9,000 or best offer. This vechile is almost brand new with a very very low 10,017 miles. This vechile has a average of less than 1,500 miles per year. This vechile was used to drive 1 mile back and forth to the train Monday thru Friday for work purposes. It was also used rarely on weekends. The mileage is 100% accurate. Any mechanic will be able to tell you without certainty that this car is still a baby and will last for many years. This vechile is well kept and received oil changes every 3,000 miles. The outside condition of the car is very nice with only a couple of small scratches which is normal with any vechile. The interior is almost brand new there is no rips, tears, or burn holes since it is a smoke free car. Car was also garage kept. If interested locally car is located in Staten Island NY you can call me at 1-917-589-4381 ask for Jerry. Any out of state buyers who are interested you would have to arrange for shipping yourself. A $500 deposit is required immediately after auction is over. Thank you for your interest and again car is still practically brand new and will last for a very long time.
Mitsubishi Evolution for Sale
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DoJ fines Japanese parts firms $740M in massive automotive price-fixing scandal
Fri, 27 Sep 2013Nine Japanese suppliers have pleaded guilty in US court over charges of price fixing in the automotive parts industry, resulting in the Department of Justice doling out a total of $740 million of fines, according to a report from Bloomberg. The scandal, which has resulted in General Motors, Ford, Toyota and Chrysler spending up to $5 billion on inflated parts and driving up prices on 25 million vehicles has sent the DoJ hustling into investigations. "The conduct this investigation uncovered involved more than a dozen separate conspiracies aimed at the U.S. economy," Attorney General Eric Holder (pictured above) said during yesterday's press conference.
As the investigation stands, the DoJ has issued $1.6 billion in fines against 20 companies and 21 individual executives, with 17 of the execs headed to prison. Deputy Assistant Attorney General Scott Hammond said, "The breadth of the conspiracies brought to light today are as egregious as they are pervasive. They involve more than a dozen separate conspiracies operating independently but all sharing in common that they targeted US automotive manufacturers."
Big-name suppliers indicted in the investigation include Mitsubishi Electric, Mitsubishi Heavy Industries, Hitachi Automotive and Mitsuba Corporation. A list of fines and other corporations named in the investigation is available at Bloomberg.
Mitsubishi boss labels French minister a "retard" for "ruining the lives of motorists" [UPDATE]
Thu, 25 Oct 2012Arnaud Montebourg (pictured), French Minister of Industrial Recovery, was recently the target of a rather despicable slur at the hands of Mitsubishi France's leader, Jean-Claude Debard.
Frustrated by Montebourg's attempts to encourage the purchase of lower emitting vehicles and discourage use of high-emission vehicles - by way of tax breaks and tax hikes, respectively - Debard reportedly used the occasion of a new product launch to call the minister "stupid," a "mental case" and a "retard" before members of the media. Here's the full quote, as reported by the French newspaper La Provence by way of The Telegraph:
"This mental case, this retard, increases ecological taxes, reduces the speed motorists can go on Paris' ring road and ruins the life of motorists from all social origins all suffer as a result of him. He is stupid and understands nothing, you can quote me on that."
Mitsubishi pondering $2B share sale?
Sun, 15 Sep 2013Mitsubishi makes the brilliantly fast, wonderfully fun Lancer Evolution. Outside of that road-going rally car, the rest of the range is pretty poor - the new Outlander isn't bad, but the subcompact Mirage looks like might've been competitive five years ago, while the Galant and Lancer have suffered from serial neglect.
This hasn't just lead to rumors of Mitsu's death in America; the subsidiary of the massive Mitsubishi Group has been in trouble at home, too. It was bailed out by three other Mitsubishi Group companies - Mitsubishi UFJ Financial, Mitsubishi Heavy Industries and Mitsubishi Corporation - between 2004 and 2005, according to Bloomberg. Now, it's attempting to extricate itself from "emergency mode," as analyst Koichi Sugimoto told the financial site, adding that "they're still in the very early stages of recovery."
As part of the bailout, Mitsubishi issued its three saviors billions of dollars of preferred shares, which don't have voting rights. The problem is, Mitsubishi hasn't issued dividend payments since 1998, and these stocks aren't exactly competing with Apple or Google, in terms of value. In other words, they're mostly worthless. With a public offering, Mitsubishi is expecting to raise 200 billion yen, or about $2 billion, in order to reduce the number of preferred shares. If all goes according to plan, it will wipe out preferred shares by March of 2014, or the end of fiscal year 2013.