Es Suv 2.0l Cd Front Wheel Drive Power Steering Brake Assist Wheel Covers A/c on 2040-cars

Auto blog

Recharge Wrap-up: Electric trucking, Mitsubishi plug-in sales boost

A company called Oakridge Global Energy Solutions is providing batteries to Minnesota's Freedom Trucking. Oakridge claims the electric freight trucks can haul nearly 40 tons of cargo almost 400 miles on a single charge. "The custom battery design for Freedom Trucking is an absolute game changer," says Oakridge CEO Steve Barber. The Melbourne, Florida-based startup also says it is providing lithium-ion batteries for Harley-Davidson, Indian, and Victory motorcycles. (Notably, Oakridge was accused last year of failing to pay its employees. Also, of note, Oakridge trades as OGES on OTCQX, the same over-the-counter market as Elio Motors.) Read more from Energy Matters. A new UK poll suggests that nearly a third of drivers would choose a plug-in vehicle for their company car. 23 percent of respondents said they'd choose a plug-in hybrid for their fleet car, while 8.2 percent would choose a battery electric vehicle. Another 7.1 would choose a conventional hybrid, and 47.2 percent still prefer diesel, while only 12.4 percent would choose gasoline (it is, after all, the UK). In all, the poll (with an admittedly small sampling of 282 respondents) shows that alternatively powered vehicles will make up 40.4 percent of future fleet orders will. A recent survey from KPMG shows that 79 percent of auto executives believe hybrids will be the go-to powertrain in 2030. Read more from Fleet News. A reduction in plug-in car subsidies has boosted Mitsubishi's UK sales in February. As the Plug-In Car Grant was set to reduce from GBP5,000 to GBP2,500 ( from about $7,117 to $3,559) on March 1, Mitsubishi saw a run on its Outlander PHEV by customers looking to take advantage of the larger subsidy. Outlander PHEV sales were up 41 percent compared to a year before. The launch of the L200 Series 5 also helped Mitsubishi's performance in February, as pickup truck sales were up 34 percent. Read more in the press release below. PLUG-IN CAR GRANT CHANGE DRIVES MITSUBISHI SALES IN FEBRUARY CIRENCESTER – Sales of Mitsubishi vehicles in February were up 28 per cent compared to the same month last year according to figures released by the SMMT. The rise was driven by a 41 per cent increase in sales of the Outlander PHEV, ahead of the reduction in the Plug-in Car Grant from GBP5,000 to GBP2,500 beginning March 1. The UK's favourite plug-in continues lead the hybrid and electric car sector in 2016.

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.

Junkyard Gem: 2007 Mitsubishi Galant Ralliart

We began getting Mitsubishi Galants here way back in the 1971 model year, when the Colt Galant showed up bearing Dodge Colt badges. Mitsubishi didn't start selling cars with its own badging in North America until the 1983 model year, and the first Mitsubishi-badged Galants showed up on our shores as 1985 models. When the ninth and final generation of Galant appeared for 2004, it was a generic-looking Camry rival, enlarged and priced attractively but otherwise not very interesting. Then, for 2007, a sporty Ralliart version showed up. Here's one of those rare cars, found in a snowy Colorado self-service yard recently. Ralliart is the racing and performance division of Mitsubishi Motors, and I've managed to find a few Lancer Ralliarts during my junkyard travels. I'd forgotten the existence of the Galant Ralliart, I must admit, so at first glance I took this car to be an ordinary Galant with Lancer Ralliart badges pasted on. Unlike the Suzuki Works Techno badges found on Aerios and Renos of the era, these Ralliart emblems really did indicate a quicker-than-the-base-model car. The '07 Galant Ralliart got a 258-horsepower V6 and a stiffer suspension, plus a few styling touches. It certainly would have been more fun than a new Camry, though the Mazdaspeed6 was quicker. Even the soporific Camry could still be bought with a manual transmission in 2007, but not the Galant. All the US-market 2004-2012 Galants (which were built in Illinois) came with automatic transmissions. The Galant managed to hang on until 2012, by which time it had been largely forgotten by American car shoppers. That's too bad, because the gadget-packed Galant Sigma four-door hardtops of the late 1980s and screaming Galant VR-4s of a bit later were interesting machines. I still haven't found a junked VR-4, though I have spotted a discarded Galant GS-X. This one lived fast and died young-ish. Perhaps someone will grab that 6G75 engine to swap into a Chrysler K-Car. We can hope. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Hop in. It's go time! This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Taiwanese car shoppers could buy this car as the Grunder. The real gone cats preferred the Grunder Police Interceptor, of course.