2004 Mitsubishi Endeavor on 2040-cars

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Mitsubishi scores record global operating profits

In the minds of many auto enthusiasts, Mitsubishi has become an afterthought. It has transformed from a company known for its turbocharged, all-wheel-drive rally machines into an automaker with a very boring lineup. Maybe we are being unfair, though. While the company doesn't have much of a performance presence anymore, the Japanese brand is doing quite well financially.
According to Reuters, Mitsubishi Motors had an operating profit of 123.4 billion yen ($1.2 billion) worldwide for the fiscal year that ended in March. That's twice as much as last year and a new all-time record for the Japanese automaker. It's even paying dividends to investors for the first time in 16 years, and its expected profit of 135 billion yen ($1.3 billion) in the new fiscal year matches a goal it had set for itself to achieve two years from now.
The automaker currently focuses much of its efforts on Southeast Asia, which accounts for about a quarter of its sales. It will put even greater attention there in the coming years with more local production, according to Reuters.

Drive like a prince: Join us for a walk through Monaco's car collection

Small, crowded, and a royal pain in the trunk lid to drive into during rush hour, Monaco sounds like an improbable location for a huge car museum. And yet, this tiny city-state has been closely linked to car culture for over a century. It hosts two major racing events every year, many of its residents would qualify for a frequent shopper card if Rolls-Royce issued one, and Prince Rainier III began assembling a collection of cars in the late 1950s. He opened his collection to the public in 1993 and the museum quickly turned into a popular tourist attraction. The collection continued to grow after his death in April 2005; it moved to a new facility located right on Hercules Port in July 2022. Monaco being Monaco, you'd expect to walk into a room full of the latest, shiniest, and most powerful supercars ever to shred a tire. That's not the case: while there is no shortage of high-horsepower machines, the first cars you see after paying ˆ10 (approximately $11) to get in are pre-war models. In that era, the template for the car as we know it in 2023 hadn't been created, so an eclectic assortment of expensive and dauntingly experimental machines roamed whatever roads were available to them. One is the Leyat Helica, which was built in France in 1921 with a 1.2-liter air-cooled flat-twin sourced from the world of aviation. Fittingly, the two-cylinder spun a massive, plane-like propeller. Government vehicles get a special spot in the museum. They range from a Cadillac Series 6700 with an amusing blend of period-correct French-market yellow headlights and massive fins to a 2011 Lexus LS 600h with a custom-made transparent roof panel that was built by Belgian coachbuilder Carat Duchatelet for Prince Albert II's wedding. Here's where it all gets a little weird: you've got a 1952 Austin FX3, a Ghia-bodied 1959 Fiat 500 Jolly, a 1960 BMW Isetta, and a 1971 Lotus Seven. That has to be someone's idea of a perfect four-car garage.  One of the most significant cars in the collection lurks in the far corner of the main hall, which is located a level below the entrance. At first glance, it's a kitted-out Renault 4CV with auxiliary lights, a racing number on the front end, and a period-correct registration number issued in the Bouches-du-Rhone department of France. It doesn't look all that different than the later, unmodified 4CV parked right next to it. Here's what's special about it: this is one of the small handful of Type 1063 models built by Renault for competition.

2022 Mitsubishi Outlander recalled over potentially faulty fuel pump

Mitsubishi is recalling nearly 17,000 units of the 2022 Outlander due to a potential issue with the fuel pump's wiring. It explained that not all of the SUVs included in the campaign are fitted with a faulty fuel pump, but it's recalling a relatively large batch of cars to be on the safe side. The company told the National Highway Traffic Safety Administration (NHTSA) that affected examples of the Outlander were built with a fuel pump whose commutator and wires weren't fused properly during the production process, an issue which results in poor continuity. This can cause the commutator and the brushes in the fuel pump to wear abnormally, which can cause the part to stop sending gasoline to the engine — in turn, the engine would suddenly stall or not start. The issue is due to an error made by a subcomponent supplier, according to the firm. Mitsubishi wrote that the recall includes 16,616 units of the new-for-2022 Outlander in the United States, though it estimates that only about 1% of those are fitted with a defective fuel pump. Affected vehicles were built between February 8, 2021, and October 12, 2021. Owners of affected cars will be notified by mail starting in March 2022. They'll need to bring their Outlander to the nearest service center to get the fuel pump replaced with an updated part free of charge. Motorists will also be able to get expenses related to the defect (like a towing bill, presumably) reimbursed by contacting Mitsubishi's customer relations department once they receive the recall notification letter. Related Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.