In a farewell letter sent to customers, Ralliart announced today that it is going to close its doors as of March 2010.

“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,” the company said in a statement.

As far as Ralliart and Mitsubishi go, the closure of the company will not affect any current or future Ralliart Mitsubishi vehicles – so all you Ralliart Lancer fans can breathe easy.

- By: Omar Rana