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A Japanese car company 33% owned by DaimlerChrysler, but now swimming in debt because of poor [decisions] made by Mitsubishi. Ugly, poor quality cars that were targeted toward boy racers but now sit on rental lots or sell with huge rebates. In 2004, Mitsubishi lost $4.3 billion dollars, and the future outlook isn't very bright. They were recently accused of a scandal of hiding quality defects, in turn destroying the company's already poor image and killing the resale value of the cars. They currently rank near the bottom for long-term quality in the JD Powers survey. [The company] will [more than] likely be out of the US market by the end of the decade.
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