Dishonor in Japanese culture is a serious matter, as far as I know. What I also know is that when a business like an auto industry is failing they do lots of shady things or cut many corners in quality to sell the product faster. This is what GM did, and we all know what happened next.
Based on what yinz wrote here I think I will let this one go. Itâs a good example of history but not as a practical vehicle.
Might go looking for a simple Toyota Tundra or 4Runner.
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A 2004 Montero as history example ? Sorry, but that makes no sense.
Yup!
Because they were already in hot water, Mitsu deceived both the government and consumers in their home country. That amounted to a Kamikaze move, because when their deceptions and dishonor were discovered, it only made things worse for them.
When a company is at the point of selling just re-hashed old designs that are no longer competitive, and when they re-badge designs from another company that has its own issues regarding reliability, it canât be a good thing.
Hondaâs rightful rejection of the proposed merger with Nissan was reportedly going along on schedule, until Nissan decided to add Mitsu to the mix, and now both Mitsu and Nissan are left without the considerable strength of Honda to assist them with the development of new designs.
Unless Mitsubishi can find another company to come to their rescue, I canât imagine that they will stay around for too many more years.
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20 yr old. Might have issues.
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Having another company come to absorb them wonât guarantee a successful business. Remember what happened to Packard.
+1
Unfortunately, the Studebaker administration showed the Packard folks some âcookedâ books, and Packard didnât know the full extent of the financial mess that they were buying. For some reason, many folks seem to think that Studebaker bought Packard, but it was actually the other way around. Both companies had fallen on hard times, but at the time of the purchase/merger, Packard was in better financial shape than Studebaker was.
IMO it was a mutual decision. Honda wanted to be the senior partner and Nissan wouldnât go for that. I think Honda was right to insist on senior status because of the Golden Rule.
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Are you sure Packard was the purchasing company? They sure did not act like it. All of the 57 Packard models were thinly disguised Studebakers with Studebaker engines. When they move production of the Lark to Canada they had to buy engines from Chevrolet because they had sold the Packard engine plant.
I had both a 56 Commander and a 59 Lark. Great gas mileage and power in the Commander for the engine size. It had a gear driven camrather than a timing chain.
Yes, I am sure. You can confitm it with a little bit of âGooglingâ.
Agreed. Imagine if the same was true in the US, at this point in timeâŠ
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