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Scrapyard Gem: 2008 Mitsubishi i
Fri, Feb 2 2024YORK, England — The mainstream EV is still a bit too young to be easy to find in the car graveyards I frequent (though I have documented a few, including Toyota's RAV4-based competitor to the GM EV1), but I remain hopeful that I'll run across a discarded Mitsubishi i-MiEV during my junkyard travels. This might be difficult, since Mitsubishi sold just over 2,000 examples of the short-range electrified kei car in the United States before discontinuing its sale here in 2016. However, I managed to find one of the i-MiEV's gasoline-fueled brethren in a knacker's yard across the Atlantic: a Mitsubishi i. Yes, I traveled to Northern England in January with the primary goal of visiting one of only two American-style self-service scrapyards in Great Britain (that's what they call them over here): the U-Pull-It in York, which is owned by Dallas-based Copart. You'll be seeing many interesting discarded vehicles from that all-too-brief trip, so be sure to check in here regularly. The i (there ought to be an international treaty forbidding the use of a single lower-case letter as the designation for a vehicle model, as well as vehicles with punctuation marks in their names) was built from the 2006 through 2013 model years. Supposedly its name refers to the pronunciation for the Japanese word for "love." In order to meet kei standards in its homeland, it was fitted with a rear-mounted engine displacing just 0.659 liters. It appears that the internal-combustion-powered i was built only in right-hand-drive configuration, so Mitsubishi limited exports to drive-on-the-left places such as Hong Kong, Singapore and the United Kingdom. The MSRP for a new 2008 i in the UK was GBP9,084, or about GBP14,173 after inflation (that's about $17,992 in 2024 dollars). It seems that the i was just too weird-looking and too slow to appeal to many British car shoppers. Today's Junkyard Scrapyard Gem was one of a mere 303 examples of the Mitsubishi i exported to Europe. The i was available only with a four-speed automatic transmission. The engine compartment refused to open, and I grew tired of beating up my frozen fingers trying to force it open in the 29°F chill of North Yorkshire on a January morning Â… so here's the best shot of the turbocharged DOHC three-banger I was able to get.
Only 3 new cars cost under $20,000. Here’s what you should buy used instead
Tue, May 2 2023Looks like some more people have realized something we pointed out late last year. There are only three new cars under the magic $20,000 price limit currently for sale in the United States. Those three vehicles are the Nissan Versa with a starting price of $16,925 (all prices here include destination fee), the Kia Rio at $17,390 and the Mitsubishi Mirage at $17,650. Should push come to shove, so to speak, we'd probably pick the Nissan as our top choice among those three due to its practicality, comfort and overall polish when compared to its similarly priced peers. But really, as we've suggested before, there are better options. Our top pick for a used vehicle under $20,000 remains the Chevy Volt. It's stylish, comfortable, practical and, above all else, efficient, assuming you can plug it in at home. If you don't have access to a plug at home, you'll likely be able to find a very gently used car for the same price as one of the budget options above. We'd check out the Honda Fit, Kia Soul, Subaru Impreza, Toyota Corolla hatchback and Volkswagen Jetta from the model years and aim for something with under 20,000 miles and with a year or two left of its factory warranty. A quick inventory search shows that some of those cars, notably the Impreza and Jetta, can even be found Certified Pre Owned in most parts of the country. For a more thorough breakdown of some of the available used-car options we'd recommend, check out our guide to the Best Cars Under $20,000. For what it's worth, with the average new car transaction price hovering alarmingly close to $50,000, we wouldn't expect to see any more options coming any time soon for well under half that sum. Related video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Green Kia Mitsubishi Nissan Car Buying Used Car Buying Sedan
Nissan CEO Makoto Uchida rules out closer capital ties with Renault
Mon, Dec 2 2019YOKOHAMA — Nissan is committed to its automaking alliance with Renault but will not look to deepen its capital ties with the French automaker any time soon, its new CEO said on Monday. On his first day in the new position, chief executive Makoto Uchida also pledged to repair profitability at Japan's No. 2 automaker and said setting realistic targets would be key toward that goal, as it tries to make a clean break from the leadership of former chairman Carlos Ghosn. "Closer capital ties with Renault are not a focus in the short term," he told reporters. Uchida became CEO of Nissan on Dec. 1, as the car maker tries to recover from a profit slump and draw a line under a year of turmoil after the Ghosn scandal. The ousted chairman is fighting financial misconduct charges in Japan. One of the new CEO's big tasks is to salvage ties with Renault, which have deteriorated since Ghosn's ouster as chairman of both companies. Renault holds a 43.4% stake in Nissan after it saved the Japanese automaker from financial ruin two decades ago, and has pushed for the two companies to merge. In rejecting a notion of a merger with Renault, Uchida, 53, echoes his predecessor Hiroto Saikawa, who stepped down in September. He added that the alliance must re-think how it can serve all of its three members, which also includes Mitsubishi Motors. "The alliance has to benefit each of its partners in terms of revenue and profit," he said. "We need to re-evaluate what has worked and what hasn't worked in the alliance in the past few years." The CEO called for Nissan to set "challenging but achievable" targets, adding that this and the launch of more new car models and vehicle technologies would be key to its financial recovery. Nissan is bracing for its lowest annual profit in 11 years and has slashed its dividend by 65%. Its struggles come at a time when car companies desperately need scale to keep up with sweeping technological changes like electric vehicles and ride-hailing. "Somewhere along the way we created a culture of setting targets which could not be achieved," Uchida said, adding that this had resulted in a focus on short-term results. "Years of this had led Nissan to its current "difficult situation," he said, using heavy vehicle discounting in the U.S. market as an example of how aggressive sales targets to grow market share had deteriorated the company's brand.













































