CANBERRA – In response to lackluster sales, Mitsubishi Motors Australia Ltd. is renaming its new 380 large sedan the Series II and slashing the base price by 20%, or A$6,500 ($4,990). The base model now is priced at A$27,990 ($21,489), compared with the original A$34,490 ($26,480) price tag, making it A$5,000 ($3,839) less than other domestically built 6-cyl. cars. The auto maker also plans to refund A$2,000 ($1,536) to customers who already have purchased a 380. About 1,500 car buyers ...

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