Mitsubishi Precis
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Auto Shipper for Mitsubishi Precis The Precis was released as an alternate for the Hyundai Pony. Further, in the United States it was the company's first and only model, but thanks to a very low price of $4,995 and being voted the tenth 'Best Product' by Fortune magazine, it set records for a first-year import. Granted, with a price tag that low it would have been hard to not be successful. Anyhow, 168,882 units were sold which helped push the company's total production past one million by 1986. A very similar sales success was repeated in Australia, where it was priced at $9,990. Again, the price was too low to pass up.

The Precis has also be badged a few different things over the years. One might recognize it as the Hyundai Excel, the Hyundai Pony and the Hyundai Presto. The Hyundai versions marked the first time in the company's history that they had a front wheel drive car. Production lasted almost a decade ranging from 1985 to 1994. The sedan version of the model was the Hyundai Presto in South Korea and the Excel version arrived in the United States in 1986 and later in Canada in 1987. This model was introduced as the replacement in these markers for the Pony. It was offered only in these mentioned markets as either a 3 or 5 door hatchback. Originally it was available in six model variants, but it was cut to two in 1990 with the introduction of the Mirage. This occurred even though the Precis remained the Mitsubishi 'price leader' until it was dropped from production. A few changes were made along the way, and the second-generation Excel was slightly enlarged from 1989 onwards. Its engine also adopted sequential fuel injection, and a new 4-speed automatic transmission was additionally offered. Again, the price remained lucratively low which buyers loved.


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