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Posts with tag Adelaide

Last Mitsubishi 380 auctioned for $100,000 in Australia

There's an old saying, you only want what you can't have. It holds particularly true in the context of Australia's Mitsubishi 380. The vehicle's Adelaide manufacturing facility was recently shuttered, partially due to lack of interest in the six-cylinder sedan. However, the vehicle's cancellation announcement ended up increasing demand for the final batch of 380s to roll off the assembly line. For that reason, Mitsubishi decided to auction off the final car to its suddenly sentimental Aussie dealers. The last domestically produced 380 ended up fetching $100,000 Australian dollars ($93,364) after all was said and done, which is more than three times its MSRP. John Hughes Mitsubishi, a Perth, Australia dealership, coughed up the cash for the winning bid. Mitsubishi also gave it the honor of choosing a charity to benefit from the proceeds of the sale. Knowing that the 380 in Australia is basically a Down Under-ified version of the Galant on sale in North America, is there any circumstance under which you could imagine paying that much for a Galant?

[Source: Ward's Auto]

Mitsubishi set to close Australian plant



Australia's automotive manufacturing industry has taken a blow as Mitsubishi announced it will be closing its Adelaide plant, the facility that builds the 380 sedan. The news means approximately 1,000 workers will soon be out of a job. In fact soon means very soon, as March 31st marks the plant's final day. It will certainly be a quick and painful process; so much that counseling will be offered to outgoing employees. The Australian government even previously offered the Japanese automaker assistance in order to keep their local operations alive. However, the extra funds couldn't account for the 380's dismal sales. It is well known that Australians like their V8s and the 3.8L V6 engine powering the sedan was not enough to overcome the competition.

[Source: Live News]


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