1995 Mitsubishi 3000gt Base Coupe 2-door 3.0l on 2040-cars

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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.

Mitsubishi Outlander PHEV Concept-S shows what a facelift can do [w/video]

Sometimes you need a second chance to get things right. Technologically, the Mitsubishi Outlander PHEV is a pretty cool vehicle, with a 2.0-liter four-cylinder and additional electric motors providing more thrust. However, the CUV never really looked the part for all of its innovation. The Mitsubishi designers are taking another crack with the Mitsubishi Outlander PHEV Concept-S at the 2014 Paris Motor Show, and the vehicle shows what a massive improvement some tweaks can make.
The most obvious of these changes is the completely different front end with a more vertical design. The headlights are reshaped with LED running lights outlining them, and the new airdam that puts a massive X right on the front grille in black and chrome with some more LEDs down below. The designers don't stop there and have a major revision to the rear with taillights running all the way across. Inside, there's black wood grain trim and leather seats.
The update takes the CUV from boring to somewhat exciting, and the even better news is that some of these updates might make it to a rumored refresh in 2016 that could even come here. Scroll down to watch Mitsubishi's teaser video for the Concept-S with more views of it and the company's full press release.

Mitsubishi Lancer Evolution's curtain call will come with more power

We love the Mitsubishi Lancer Evolution X, but by this point, we've accepted the fact that the its days are numbered, despite the noticeable back and forth that accompanied rumors of the vehicle's future for so many months and years. And while the Evo's coming death in 2015 is pretty sad, a report from Automotive News claims that the road-going rally machine will at least be leaving with a fairly substantial bang.
According to AN, Mitsubishi will send off the Evo with a Special Action Model. Limited to between 2,000 to 2,500 units and destined exclusively for the United States, the Evo X SAM should boast, most notably, a bump in power for its 291-pony, 2.0-liter, turbocharged four-cylinder. There should be a few other performance tweaks to accompany the increased output, although it's unclear what those might be. AN claims the limited-edition model will drop during the last six months of Evo production, some time next year.
AN's report was confirmed to us by Mitsubishi spokesman Alex Fedorak, who said that, yes, there will be "a US special edition in 2015." We've asked for additional information, but all we've heard back, so far, is that mum's the word. Here's hoping we won't be waiting too long to get official details.