was the last Valiant series assembled in New Zealand – by now the Chargers and Ranger were gone and the Regal and the Regal SE, replacing the 770, were the only models. The Regal SE was the first car to be assembled in the country with standard air conditioning. CM series The CM was released in November 1978, and was little changed bodywise from the CL model. Only sedan and wagon models were produced. A sports sedan called the GLX (option A16) was released as a replacement for the discontinued Charger and earlier the Pacer. Its features included a Charger grill and dashboard, special cloth trim, Cheviot Hotwire mag wheels and black door frames. It was advertised as the car "For People Who Like Their Cars Rare", as it was the last of the sports models and the jewel in the CM series. The GLX could be optioned with a Hemi-6 or V8. The computer-controlled Electronic Lean Burn system continued giving favourable fuel economy; when Wheels performed an economy test in 1979, they found the ELB-equipped Valiant used less fuel than a Ford Cortina. A Valiant achieved better than in the Total Oil Economy Run. Production of this car continued after Mitsubishi's takeover of Chrysler's Australian operations. Mitsubishi could build the car profitably even in small numbers due to its high 97% level of local Australian content and amortised tooling. However, the car was still badged as the Chrysler'' Valiant, not as a Mitsubishi. The profit from the sale of one Valiant was equal to the profit from 3 Mitsubishi Sigmas- by this time the company's main seller. Valiant production ended in August 1981 with production of the CM reaching 16,005 units out of 565,338 units of all models. Full-sized Chryslers were not marketed again in Australia until the 2005 release of the Chrysler 300C. Motorsport Although the Charger is arguably the best remembered Valiant in Australian motorsport, earlier models achieved class wins at the annual "Bathurst 500" production car race, something that the Charger never did. A Valiant AP5 won Class D at the 1963 Armstrong 500, a VC Valiant V8 won Class D at the 1966 Gallaher 500 and a VG Valiant Pacer won Class D at the 1970 Hardie-Ferodo 500. Chargers were raced in the Hardie-Ferodo 500 at Bathurst in 1971 and 1972 with factory support. They gained a best placing of third outright and second in