MITSU drops outta WRC
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12-20-2005, 02:36 AM
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MITSU drops outta WRC
Mitsubishi Drops Out of FIA World Rally
Mitsubishi’s financial troubles are starting to show; the impossible has happened!
Mitsubishi announced today that it would not be participating in the 2006 FIA World Rally Championship and will not return until at least 2008. The reason cited is so Mitsubishi can “focus management resources” on its three-year revitalization plan. It will be interesting to see if the Lancer Evolution will be able to keep pace with Subaru WRX now that they won't be going head to head on the rally circuit.
Read on for the official press release……
Press Release:
Mitsubishi Motors to Suspend Participation in the FIA World Rally
Championship Series.
Tokyo, December 14, 2005? Mitsubishi Motors Corporation (MMC) has announced that it has decided to suspend participation in the FIA World Rally Championship series from 2006.
With the Mitsubishi Motors Revitalization Plan as a basis, MMC has made a solid start toward revitalizing its business operations. However, to strengthen and build upon this base, MMC realizes that it must focus management resources on the continued promotion of the revitalization plan.
Mitsubishi Motors hopes to return to the WRC Championship series from 2008, after the completion of the 3-year revitalization plan, which covers fiscal 2005 to 2007.
This decision however does not extend to MMC’s efforts in the Dakar Rally (commonly known as Paris-Dakar). Mitsubishi Motors will continue to compete in this event.
— Starting with an overall championship in the Safari Rally in 1974, the Mitsubishi WRC Team has accomplished a spectacular 34 wins in the WRC series. The team won the drivers’ title 4 consecutive years from 1996 to 1999, and won the prestigious
Mitsubishi’s financial troubles are starting to show; the impossible has happened!
Mitsubishi announced today that it would not be participating in the 2006 FIA World Rally Championship and will not return until at least 2008. The reason cited is so Mitsubishi can “focus management resources” on its three-year revitalization plan. It will be interesting to see if the Lancer Evolution will be able to keep pace with Subaru WRX now that they won't be going head to head on the rally circuit.
Read on for the official press release……
Press Release:
Mitsubishi Motors to Suspend Participation in the FIA World Rally
Championship Series.
Tokyo, December 14, 2005? Mitsubishi Motors Corporation (MMC) has announced that it has decided to suspend participation in the FIA World Rally Championship series from 2006.
With the Mitsubishi Motors Revitalization Plan as a basis, MMC has made a solid start toward revitalizing its business operations. However, to strengthen and build upon this base, MMC realizes that it must focus management resources on the continued promotion of the revitalization plan.
Mitsubishi Motors hopes to return to the WRC Championship series from 2008, after the completion of the 3-year revitalization plan, which covers fiscal 2005 to 2007.
This decision however does not extend to MMC’s efforts in the Dakar Rally (commonly known as Paris-Dakar). Mitsubishi Motors will continue to compete in this event.
— Starting with an overall championship in the Safari Rally in 1974, the Mitsubishi WRC Team has accomplished a spectacular 34 wins in the WRC series. The team won the drivers’ title 4 consecutive years from 1996 to 1999, and won the prestigious
