Thursday, March 11, 2010

Mitsubishi closes Ralliart

Mitsubishi has decided to close its Ralliart division, bringing to an end more than 25 years of high-performance, motorsport-related tuning and development.

In the press release, President Masao Taguchi stated that "the sudden change of economy situation since the year before last, the business circumstance surrounding our company radically became worse and so, this time we have reached the conclusion that we Ralliart Inc., would scale down our business activities as of the end of March 2010".

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