2003 Mitsubishi Montero Limited Sport Utility 4-door 3.8l on 2040-cars

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Mitsubishi boss labels French minister a "retard" for "ruining the lives of motorists" [UPDATE]

Arnaud 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 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.

2023 Mitsubishi Triton detailed with new frame, new diesel engine

The new 2023 Mitsubishi Triton is around the corner, and the Japanese company has outlined some of the many changes it's making to the truck. The more rugged-looking exterior design hides a new ladder frame, and the pickup will be powered by a new turbodiesel engine. Sold as the L200 in some parts of the world, the Triton needs to be a lot of things to a lot of different people; it can be seen towing cattle in Australia, performing rescue operations in the Alps and being used as a daily driver in rural Chile. Catering to these different audiences isn't easy, but Mitsubishi has largely retained the tried-and-true formula that has made the current-generation truck relatively popular. Mitsubishi kept the outgoing truck's tough body-on-frame construction, though it designed a new frame rather than making updates to the old one. It developed a new double-wishbone front suspension system but kept the rear leaf springs as a compromise between ruggedness and on-road comfort. And power for the next-generation Triton will come from a new turbodiesel engine designed to deliver "a higher output." 2023 Mitsubishi Triton View 3 Photos We'll need to be patient to find out what effect these changes will have on the Triton's ride quality, off-road capacity and towing figures, and technical specifications haven't been released yet. For context, the current-generation Triton's base engine on the Australian market is a 2.4-liter turbodiesel four-cylinder rated at 178 horsepower and 317 pound-feet of torque. Buyers can choose between rear- and four-wheel drive and between a manual and an automatic transmission. Single-cab, club-cab and double-cab models are part of the range in Australia. The 2023 Mitsubishi Triton will make its global debut in Thailand on July 26 at 10 a.m. local time, which is 11:00 p.m. on July 25 in New York and 8:00 p.m. on the same day in California. The truck will be sold in numerous global markets, but the United States isn't one of them. Elsewhere, the Triton will compete in the same hotly-contested segment as the new Ford Ranger and the perennially popular Toyota Hilux. Related video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.