Mitsubishi’s Ralliart is one of the more famous performance divisions, thanks to the brand’s rally winning exploits and the Lancer Evolution series’ cult following.

So it’s sad news to hear that Ralliart is the latest to succumb to the changed environment the automotive world had to face ever since the global financial crisis hit. It is winding down operations.

Mitsubishi’s quit the WRC in 2005, and more recently abandoned its Dakar Rally exploits last year, including all rally raid events. Mitsubishi is the most successful manufacturer in the Dakar, with 12 wins in 26 appearances, including a record seven back-to-back victories from 2001 to 2007. With this latest development, Ralliart will no longer lend support to motorsport customers and privateers. Also put to a stop is the planning, development and selling of Ralliart products.

“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,” according to Ralliart Inc’s president Masao Taguchi, in a “farewell letter” to customers, which you can read for yourself after the jump.

Partial Cease of Business Activities along with Ralliart Inc’s
Business Scale Down
Ralliart Inc (President Masao Taguchi) has announced as follows.

Dear all of our customers ,

First of all, we much appreciate for your usual patronage to our company.
Our company have done the various activities relating motorsport with the support of many people since the establishment in April,1984 so far. However, because of 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.

Along with the scale down of our business activities this time, we would cease the following business and operation which we have done so far. We would like to express our sincere apology to all of customers though we would make you much inconveniences.

Meanwhile, we wish you a continuous support to Ralliart family and entrants driving Mitsubishi cars who play an active part all over the world.

Items which would cease our business and operation along with our business scale down;

1. Support to motorsport customers(Support to the participation, Technical Support, and Awarding of Mitsubishi/Ralliart Driver of the Year)
2. New Planning, Development and Merchandize of Ralliart products (Except FIA VO parts) :*1
3. Information of new products and dispatching motorsport information(at web):*2

*1 FIA VO parts development and those application work shall be done by Mitsubishi Motors Corporation as it is.
*2 FIA Group-N information shall be open at the web site of Mitsubishi Motors Corporation.

Date of the cease: 1st April, 2010