Caution:
Our Don't Buy List -Read Why!

Mitsubishi
May - June 2004

Hid 26 defects from
regulators for years

Mitsu continues losses and sales slump, combined with
"no exciting models" in pipeline

Disclosure of Even More Hidden Mitsubishi Defects Raises Question of Survival; Share Price, Sales Plunge

Financial crisis has called its
survival into question

DaimlerChrysler refused to participate in multi-billion dollar rescue package

Japanese police arrested a former head of Mitsubishi Motors Corp. and five others ... on suspicion of professional negligence that led to the death of a truck driver ...

New defect cover-up revelation depresses Mitsubishi Motors shares

Shares of Mitsubishi Motors Corp. plunged as much as 13% to a new low on Thursday after the embattled Japanese carmaker found more cases of vehicle defect cover-ups dating back 11 years.

Mitsubishi finally admits wheel hub flaw and recalls trucks

Mitsubishi... plans to recall 112,000 trucks and other large vehicles because of a faulty wheel part that police are investigating in connection with dozens of accidents.

Mitsubishi Motors announces FY03 operating lossof $843 million ...

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PO Box 2543
Palm Beach, FL 33480
(561) 627-2345


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Mitsubishi Killing People?

Misubishi has covered up dangerous defects for years. There may have been deaths linked to the defects.

Police in Japan arrest 7 former Mitsubishi execs suspected of falsifying safety reports ... falsified the reports to escape recalling the vehicles ... woman killed and 2 sons injured

About a $1.2 billion loss on operations in fiscal 2003.

We recommend that you do not buy this car.

Our don't buy descision for the Mitsubishi is based on the lack of integrity and financial instability of the company.

Mitsubishi was added to our don't buy list in May of 2004.

We regret adding the Misubishi to our don't buy list. Unfortunately we do not have a choice. This is the second time in recent years that Misubishi has covered up a serious defects. Finally there have been arrests. Executives arrested for falsifying safety reports. The company has broken trust and potentially endangered the lives of people.

Keep in mind that a defect endangers not only the driver of a vehicle and his passengers, it can cause harm and damage to all of us on the road. A company that places money over the lives of people by hiding defects is untrustworthy. Misubishi has covered up defects several times in the last few years.

This company has proven beyond a shadow of a doubt that it is not to be trusted.

So please spread the news and boycott this company. Help keep our highways safe.

When Daimler Chrysler purchased a share of the company, we were hoping that Misubishi would turn around and become a winning company. Unfortunately, Daimler Chrysler pulled the financial plug on Misubishi. The billion dollar bailout was not in the cards. Not only is Mitsubishi lacking integrity, it is also a financially unstable company, with a questionable product line.

Mitsu continues losses and sales slump, combined with "no exciting models" in pipeline.

• Disclosure of Even More Hidden Mitsubishi Defects Raises Question of Survival; Share Price, Sales Plunge

• Mitsubishi Motors admitted it secretly repaired
faulty vehicles to avoid legal duty to recall them

• Hid 26 defects from regulators for years

• Further undermines confidence in battered Japanese carmaker

•Triggered decline in its share price to an all-time intraday low

• Financial crisis has called its survival into question

• DaimlerChrysler refused to participate in multi-billion dollar rescue package

• No more rescues after this one, rescue party asserts

• Delicate balance between dreaded bankruptcy and national pride

• Mitsu continues losses and sales slump, combined with "no exciting models" in pipeline

• Mitsu expected $673M loss for fiscal year ended Mar 31 as Japan top 3-report profits

• Seven Former Mitsu Execs Arrested Over False Reports in Truck Accident Case

• Police in Japan arrest 7 former Mitsubishi execs suspected of falsifying safety reports

• Scandal centers on defective hubs that have caused wheels to fall off

• Case involves 2002 accident ... woman killed and 2 sons injured when hit by loose tire

• Police say Mitsu failed to look into previous accidents that could have indicated design flaw

• Mitsu had blamed poor maintenance but admitted in March hubs might have caused dozens of accidents

•Mitsu Fuso now recalling more than 100,000 trucks to fix faulty wheels

• Problems add to recent Mitsu setbacks that include DaimlerChrysler pulling plug on more financial support

• Mitsu had similar scandal 4 years ago: admitted concealing customer complaints to avoid recall

• "They [Mitsubishi] falsified the reports to escape recalling the vehicles, and that is an extremely evil act." -- Nobuteru Ishihara

• "As a company, we had insufficient sensitivity of the importance of safety and quality." -- Michio Hori, chairman of Mitsubishi Fuso

U.S. sales took a sharp turn for the worse in April, plunging 34 percent compared with the same month last year. Only lame-duck Oldsmobile did worse among major brands.

The plan aims to return Mitsubishi to the black in North America, after about a $1.2 billion loss on operations there in fiscal 2003.

The Don't Buy List is based on our judgement and we only invite you to follow our logic. Buying a car is one of the largest buying decisions you will make. We are only trying to help you make an intelligent decision. At times price alone is not enough. For example the Daewoo. What seemed like a great price has come back to haunt buyers. Many are losing an enormous amount in the resale, warrantee, parts, and insurance.

If you choose to buy a Mitsubishi

We recommend the following Dealership:
West Palm Mitsubishi