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Mitsubishi needed to compete with the Legend and the Diamante was the result. However, the tax situation changed in 1989, and the Diamante became the surprise hit of 1990. Amidst Japan's bubble economy, many private car owners sought an executive car in a market that had very few new offerings that year.
Chrysler sold its equity stake to Mitsubishi in 1993, and Diamond-Star Motors was renamed Mitsubishi Motors Manufacturing America (MMMA) on July 1, 1995. [3] Despite the departure, the two companies have maintained various co-operative manufacturing agreements since and considered all vehicle produced until 1995 [ 9 ] as Diamond Star Motors.
1991 was a landmark year for Mitsubishi in the United States. It bought Chrysler's share of Diamond-Star for $100 million, and became the first Japanese owner of a U.S. car rental agency when it purchased Value Rent-a-Car [5] Sales of Mitsubishi-badged vehicles reached almost 190,000. [3] The remainder of the 1990s provided both ups and downs ...
The Mitsubishi Magna is a mid-size car that was produced over three generations between 1985 and 2005 by Mitsubishi Motors Australia Limited (MMAL). Developed as a replacement for the Mitsubishi Sigma, each Magna generation derived from Japanese platforms re-engineered for the Australian market and conditions.
The Mitsubishi 3000GT is a front-engine, all-wheel/front-wheel drive grand touring/sports car manufactured and marketed by Mitsubishi from 1990 until 2000 over three different series. Manufactured in a three-door hatchback coupé body style in Nagoya , Japan, the 2+2 four-seaters were marketed in the Japanese domestic market as the GTO , and ...
First generation (1988–1991): the V3000 name originally applied to a 3.0-litre V6 engine version of the Mitsubishi Galant manufactured locally in New Zealand between 1988 and 1991. This model was intended to sit above the heavily related, but wider 2.6-litre inline-four engined Mitsubishi Magna (TN/TP) sourced from Australia.
The latest version was used in the Mitsubishi Eclipse GT and Galant. Output in 2004 was 210 hp (157 kW; 213 PS) at 5500 rpm with 278 N⋅m (205 lbf⋅ft) of torque at 4000 rpm. In the older version, used in many Chrysler models since 1987, this V6 was an SOHC 12-valve developing 141 hp (105 kW; 143 PS) at 5000 rpm and 172 lb⋅ft (233 N⋅m) of ...
It also fails to mention its home market of Japan. The Diamante is not a rebadged Magna, in fact, it's the other way around - the Magna is a rebadged and slightly modified version of the Diamante. The car was also sold briefly in Europe, although I have yet to ascertain the correct years. Pc13 00:49, 19 January 2006 (UTC)
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