Mitsubishi
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Coming Summer of 2026, Mitsubishi will bring its first new model in 7 years to the U.S. and Canadian markets, an as-yet-unnamed sub-compact electric crossover coupe based on the coming third generation Nissan Leaf. The new model is the first of 4 new or updated models Mitsubishi plans to release from 2026 to 2030. Current plans are for the model to be built in Japan, risking tariffs and loss of EV tax credits. It will ride on the same CMF-EV platform as the larger Nissan Ariya and will forgo an all-wheel drive option to keep price down. Like the Leaf, it will feature an NACS charging port enabling access to Tesla Superchargers and liquid cooled batteries. Base…
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In 1989, Mitsubishi released a new model called the Eclipse. It was a sporty, affordable, front-wheel drive semi-successor to the Mitsubishi Starion. The Starion line was split in two, with the Eclipse taking the affordable sports hatchback segment to compete with the Toyota Celica and Honda Prelude, while the new Mitsubishi 3000GT, introduced the following year, moved upmarket to compete with the Toyota Supra and Nissan 300ZX. Built in Normal, Illinois, in collaboration with Chrysler, the Eclipse was also sold as the Eagle Talon and Plymouth Laser and was related in platform with the Mitsubishi Galant. In its second generation, the Eclipse became an icon in the tuning…
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Rumor has it that Mitsubishi is working on a return of the Lancer Evolution as a high performance sedan and hatchback. The car could be one of the first results for Mitsubishi of joining the Alliance with Nissan and Renault. The new Lancer Evolution would use the alliance's modular CMF platform, shared with the next generation Renault Megane RS. Under the hood would be the powertrain from the Megane, a turbo-charged 2.0-liter 4-cylinder producing up to 341 horsepower. While the Renault would stick with front-wheel drive, the Mitsubishi would get a version of their S-AWC all-wheel drive system. As Renault is just now updating the current Megane line, any Mitsu…
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Mitsubishi dealers are living in interesting times. After a tumultuous fall in sales after the recession, the last year and a quarter has given Mitsubishi double digit gains in sales. Sales for 2018 rose 14 percent and so far this year, sales are up an astonishing 17.6 percent. The question for Mitsubishi is where do they go from here? With two small crossovers, a large one, and a subcompact car, the next logical answer for their dealers is adding a mid-size pickup to the mix. Mitsubishi last offered a pickup in the Mitsubishi Raider which was a rebadged Dodge Dakota. Now part of the Nissan-Renault alliance, Mitsubishi is reportedly taking the lead on buil…
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Mitsubishi is starting to find its footing thanks to the alliance it formed with Nissan towards the end of 2016. The company last year that it plans on "launching 11 new and redesigned models" for the U.S. Two of the models have go on sale this year, the Eclipse Cross and Outlander Plug-In Hybrid. But what about the other nine? Motor Trend has learned some details on a fair number of vehicles in the cards. Outlander: Redesign coming in 2021 and will use the underpinnings of the Nissan Rogue, Outlander Sport: To be redesigned in 2022. Will be based on the platform that is used on the Nissan Rogue Sport and upcoming Kicks. Hybrid/Electric Models: Mitsubi…
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Mitsubishi Converts their 100 Year Old Model A to PHEV This is what you get when you take a 100 year old auto and update it to fit on top of your 2018 Mitsubishi Outlander PHEV chassis and powertrain. Amazing but the company says moving forward with superior technology is what the auto industry is all about. They hired West Coast Customs to take their 100 year old auto and modernize it. They have a very cool new site that covers their history at Mitsubishi and the changes of this project as part of their 100 year celebration. Mitsubishi Re-Model A web site They have a great history timeline with pictures of this conversion.
Last reply by oldshurst442, -
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Mitsubishi's lineup in the U.S. is very thin, but that will change soon as the Japanese automaker introduces the new Eclipse Cross and Outlander PHEV crossovers. This is part of an effort to boost sales 30 percent for the U.S. by 2020. While the focus for the U.S. will be on crossovers, Mitsubishi Motors CEO Osamu Masuko hinted that other products could be in the pipeline if they leverage their alliance with Nissan-Renault. In an interview with Automotive News, Masuko said the opportunity to launch new products will come after 2020. This is when Mitsubishi is expected to share powertrains and platforms with Nissan-Renault. One of those new products could be a sedan. …
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Mitsubishi has unveiled a new three-year strategic plan called 'Drive for Growth'. The Japanese automaker wants to increase unit sales and revenue by 30 percent - about 1.3 million vehicles sold in the case of the former. It also plans on improving profit margins from 0.3 to 6 percent. To pull this off, Mitsubishi will be working on reducing costs in development and manufacturing, along with investing $5.3 billion for new products and revamping key markets. In terms of products, Mitsubishi is planning on launching 11 new and redesigned models over next three years. For the U.S., this means the Outlander PHEV and upcoming Eclipse Cross. The U.S. will also see Mi…
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William Maley Staff Writer - CheersandGears.com November 12, 2012 When the news broke of Suzuki leaving the U.S., there was chorus of people who said this; “How long does Mitsubishi have in the U.S.?” This a good question considering the evidence. Mitsubishi sales through October have dropped 29% to 50,103 vehicles. Mitsubishi’s market share has also dropped from 0.7% to 0.4% in the same period last year. Also, Mitsubishi’s dealers lead all automakers in the U.S. with backlogged inventory. "We have no intention whatsoever of withdrawing from the U.S. market. The U.S. market is a very important market," said Mitsubishi President Osamu Masuko. Masuko says the decline …
Last reply by A Horse With No Name, -
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There are a small group of people who want Mitsubishi to do a follow-up to the Lancer Evolution. The good news is that Mitsubishi is considering it. The bad news is that it will be awhile as the company has some other issues it needs to work out. According to Motoring, Mitsubishi global boss Trevor Mann said a performance model was on the table for future products. “In terms of the brand, I think it would be interesting to bring something back that’s a bit more sporty in the future. You’ll have to wait and see what that is.” Those who are hoping for another performance sedan will be disappointed as Mann said it would likely come in the form of an SUV, somet…
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Mitsubishi is planning to announce a blueprint on how it plans to rebuild itself in September, but the company's Chief Operating Officer Trevor Mann dropped some breadcrumbs of what could be included. Speaking with Automotive News, Mann explained that the United States, China and Southeast Asia would play key roles in Mitsubishi's recovery. For the U.S., Mann hinted that Mitsubishi could tap help from Nissan or Renault on a new sedan (our guess would be compact or midsize). There is also talk about a pickup using a platform from Nissan. "It's something that we should look at. As we go forward and start to have common platforms, an alliance pickup platform would…
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We have been wondering what kind of impact the Mitsubishi and Nissan alliance would bring to the table. According to a report from Automotive News, it looks like delays for a couple of key products for the diamond star brand. Speaking with supplier sources, Mitsubishi has pushed back the redesigns of the Outlander and Outlander Sport crossovers. Originally, Mitsubishi was planning to launch the next Outlander "in the fiscal year ending March 31, 2019", while the Outlander Sport would follow a year later. Now, the Outlander has been pushed back to late 2019 or 2020 and the Sport to after 2020. The delay is due to a review being undertaken by Mitsubishi and Nissan…
Last reply by Drew Dowdell, -
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There will be one less compact car on sale come August. Motor1 has learned from Mitsubishi Motors North America’s executive vice president and chief operating officer, Don Swearingen that production of the Lancer compact sedan will end this August. Of course. you are probably saying to yourself that Mitsubishi was still building the Lancer?! The answer is yes. Will Mitsubishi have a replacement for the Lancer, especially considering the partnership with Nissan? Swearingen said no. He told Autoblog that the sedan marketplace is shrinking and the Japanese needs to focus on products that make them money. Hence why they are focusing on crossovers with a new model that is…
Last reply by regfootball, -
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Progress seems to be going on with Nissan taking a 34 percent stake in Mitsubishi Motors. Japanese business paper The Nikkei reports that Nissan CEO Carlos Ghosn will become the chairman of Mitsubishi Motors once the deal is set. Sources tell the Nikkei that current chairman and president Osamu Masuko has been asked to stay on as president. When reached for comment, spokespeople at Mitsubishi and Nissan declined to comment. However, Masuko has confirmed that he was asked to stay on as president by Ghosn. Masuko went on to say that this would be discussed further tomorrow. Nissan is planning to send four of its directors, including Ghosn to Mitsubishi Motors to righ…
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Only a few months after Nissan announced it would buy a controlling stake in Mitsubishi Motors, the deal is now official. Nissan will pay 237 billion yen (about $2.29 billion) to purchase a 34 percent stake into Mitsubishi. As part of this deal, Nissan CEO Carlos Ghosn will become Chairman of the Board. Osamu Masuko will remain Mitsubishi Motors CEO and President. "I welcome Nissan's willingness to provide strategic, operational and management support as our new lead shareholder. As part of our Board and management team, Nissan will help us to rebuild customer trust in our company and maximize potential future synergies through our deeper alliance," said Masuko…
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Mitsubishi's fuel economy mess in Japan isn't getting any better. The Wall Street Journal reports that the Japanese automaker continued to improperly test the fuel economy of their vehicles a month after admitting that it had manipulated fuel economy figures on their Kei cars. This accusation comes from a new report from Japan's transport ministry. “We cannot help but feel concerned that these points haven’t been improved,” said Naoki Fujii, head of the road transport bureau at the ministry. Japan's transport ministry requires the country's automakers to perform five road tests and take the average of median values. In their report, the ministry explained to Mi…
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Mitsubishi Motors brought in investigators to answer a question; why did they manipulate fuel economy figures on a number of their models? The results of the investigation were announced yesterday and it was a combination of various decisions and factors that led to it. The investigation criticized the company for "not having the manufacturing philosophy of an automaker". A key example comes from the company not rallying their workers to help them back on track after two major scandals. Instead, it was focused on cutting costs wherever it could. This caused Mitsubishi engineers to pull off the impossible task of improving fuel economy on their current engines and not …
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Ever since Mitsubishi admitted to falsifying fuel economy figures on a number of vehicles in Japan, the automaker has been clear that this didn't extend to other markets. Nissan is double checking this claim. Automotive News reports that Mitsubishi's possible largest shareholder is looking into Mitsubishi's claimed fuel economy numbers in other markets to see if this scandal extended outside Japan. This is part of Nissan's due diligence review before finalizing plans to buy a 34 percent stake in the company. Nissan CFO Joe Peter tells Automotive News that the review hasn't found any skeletons yet, but they aren't finished with the review yet. “That would be an…
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On Friday, Mitsubishi Motors announced that it will set aside 50 billion yen (about $480 million) this fiscal year to compensate buyers for inflated fuel economy figures. Bloomberg reports that the Japanese automaker admitted that 20 vehicles sold in Japan within the past ten years had false fuel economy data. Mitsubishi said in a statement they used “desktop calculations” instead of running actual field tests and used the false data on the twenty models built from 2006 to this year. They also lowered the resistance readings on some models to give better fuel economy numbers. Mitsubishi reiterated they didn't find any false fuel economy data on models sold overseas. …
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If there is one thing we have learned with previous scandals in the automotive, it is that it will get worse before becoming better. Such is the case with Mitsubishi and their fuel economy scandal. According to Reuters, various Japanese outlets are reporting that the inflated fuel economy numbers extend much further than the four models originally announced. The Asahi newspaper says the Japanese automaker falsified fuel economy figures on three additional models, while the Yomiuri newspaper says there are more than ten models with inflated fuel economy numbers. It should be noted these vehicles aren't on sale anymore. When reached for comment, Mitsubishi declined,…
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Tetsuro Aikawa, Mitsubishi Motors' president and COO will be stepping down from the company next month. In a statement released by the company, Aikawa will resign on June 24th, the same date of Mitsubishi's annual shareholders meeting. Ryugo Nakao, the executive vice president for quality and product strategy will also be stepping down at the same time. Automotive News reports that Akiawa stepped down for two key reasons. The first was that he was the director of the r&d division that inflated the fuel economy test figures. The second is to give a clean slate for the new development chief, that will likely be installed by Nissan as part of the two companies' n…
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We weren't expecting this: Nissan, the automaker who discovered the manipulation of fuel economy figures at Mitsubishi Motors, is currently in the final stages of buying a controlling stake into the company. According to reports from NHK and the Nikkei Asian Review, Nissan will spend roughly 200 billion Yen (about $1.8 billion) to acquire over 30 percent interest in Mitsubishi Motors. This would make Nissan the largest shareholder in the company, surpassing Mitsubishi Heavy Industries, which currently has a 20 percent stake. This news comes after Mitsubishi announced that all of its models sold in Japan since 1991 may have inflated fuel economy numbers. Since the …
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In under 24 hours, the rumor has become reality. Nissan will acquire 34 percent of Mitsubishi Motors for 237 billion yen (about $2.17 billion). This makes Nissan the single-largest shareholder in the automaker. Speaking at a press briefing announcing the deal, Nissan CEO Carlos Ghosn said this alliance will cover purchasing, common platforms, joint manufacturing, technology development, and target shared cost savings. The alliance will also contribute management expertise to help Mitsubishi regain public trust. “It represents a win-win. We believe in the potential of Mitsubishi Motors,” said Ghosn. In statements from the two companies, an agreement will be sig…
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The past couple days have been crazy at Mitsubishi with executives possibly stepping down, the EPA ordering retest of vehicles, and the U.S. branch telling dealers there are no inconsistencies in the tests for the U.S. models. Let's get you up to date. On Tuesday, the Environmental Protection Agency (EPA) and California Air Resources Board (CARB) requested details from Mitsubishi on its U.S. vehicle lineup to check for discrepancies. The EPA also requested Mitsubishi to retest their U.S. lineup. A day later, Japanese media reported that Mitsubishi Motors CEO Osamu Masuko and COO Tetsuro Aikawa would resign due to manipulation of fuel economy data. According to Reu…
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Last week, Mitsubishi admitted that it had manipulated fuel economy figures for 625,000 vehicles sold in Japan. But today, the scandal has only grown as the Japanese automaker revealed that it used fuel economy testing methods that were not compliant with Japanese regulations since 1991. Reuters reports that Mitsubishi was compiling data for fuel economy tests using U.S. standards ( focuses on higher-speed, highway driving) and not Japanese standards (focuses more on city driving). Since Mitsubishi has come clean about the manipulation last week, the company has lost half of its market value (about $3.9 billion). This has also brought back memories of a scandal Mi…
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Mitsubishi Motors has admitted today to manipulating fuel economy tests for 625,000 vehicles sold in Japan. The manipulation involves four kei (small-capacity engines and compact dimensions) cars; Mitsubishi eK Wagon, Mitsubishi eK Space, Nissan Dayz, and Nissan Dayz Roox. Out of the total 625,000 vehicles, the majority of the vehicles are the Nissan models. "The wrongdoing was intentional. It is clear the falsification was done to make the mileage look better. But why they would resort to fraud to do this is still unclear," said Mitsubishi Motors President Tetsuro Aikawa at a press conference. According to BBC News, the manipulation was done by adjusting the…
Last reply by G. David Felt, -
Mitsubishi is playing to its strengths to help it rebound in the U.S. That includes the introduction of three crossovers with electric powertrains. Mitsubishi CEO Osamu Masuko tells Automotive News the company will channel their limited resources into creating a more compact lineup mostly made up of crossovers and SUVs. "We are strong in SUVs and four-wheel drives. And that is what we would like to focus on as core models in the U.S. market. We have changed direction. We are going to allocate more resources to the areas where we are strong in the U.S," said Masuko. This move means we will likely not see a replacement for aging Lancer compact and i-MiEV. Instea…
Last reply by regfootball, -
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The popularity of crossovers with consumers is continuing to rise and Mitsubishi wants to make sure they aren't left behind. Speaking with Automotive News, Mitsubishi CEO Osamu Masuko revealed that the Japanese automaker is working a new five-seat crossover that will slot in between the Outlander and Outlander Sport. The new crossover will take some styling ideas from the eX concept shown at the Tokyo Motor Show and compete with the likes of the Hyundai Tucson and Kia Sportage. Production is expected to begin in Fall of 2017 with Europe and U.S. being the main markets for this vehicle. "The Outlander is growing in size, while the Outlander Sport is getting smaller…
Last reply by ocnblu, -
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Mitsubishi hasn't had the best of luck of trying to find a partner. Back in February, we learned that talks between it and Renault had fallen apart for a new midsize sedan. Mitsubishi shelved those plans and reportedly began talks with Nissan. We also learned that Mitsubishi moved up the replacement for the Lancer. Now Mitsubishi has begun working on the Lancer replacement in-house while it still looks for a partner. “We are talking with a potential partner at this time, (but) at the same time we’re doing an internal design of the vehicle. We’re running parallel because we cannot wait any longer to see if a partnership will work out. If it falls through then we’re…
Last reply by G. David Felt, -
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The Mitsubishi Lancer Evolution will be bowing out at the end of 2015, but the Evolution name could be coming back on a high-performance hybrid crossover if the base model proves to be popular. Autocar spoke with boss of Mitsubishi, Tetsuro Aikawa who said “In the future, we would like to launch such a vehicle with Evo characteristics. In Japanese, when you pronounce ‘Oh’ [in Evo], it means ‘king’. So we would like to launch this type of car, featuring EV and PHEV technology, which is the ultimate of its kind. ‘EV’ for electric vehicle, ‘O’ for king - Evo.” The next Evolution is expected to be based on the next-generation ASX crossover (Outlander Sport sold in the U.S.)…
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Mitsubishi is putting on a bold face with the introduction of the 2016 Outlander at the New York Auto Show. The Outlander boast over 100 changes with the hope of improving where it stands in the marketplace. The most noticeable change is the front end as it adds a black and chrome grille, along with LED position lights. New 18-inch wheels, rear bumper, and LED taillights finish off the exterior. Inside, Mitsubishi changed out the steering wheel, added new seating surfaces, display audio system and a new auto-dimming rearview mirror with Homelink for the GT model. Power will come from a 2.4L four-cylinder with 166 horsepower for most of the lineup. A 3.0L V6 with 215 ho…
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Mitsubishi News: Rumorpile: Mitsubishi Ends Talks With Renault, Begins With Nissan For Midsize Sedan
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A couple weeks back, we reported that a Mitsubishi executive says talks between them and Nissan/Renault has stalled, but didn't go into details as to why. But Automotive News has shined a light as to possibly why and where it stands now. According to a source at Mitsubishi, the company ended talks with Renault about using the midsize Latitude/Samsung SM7 sedan built in South Korea because the Yon suddenly appreciated. This is turned undercut the plan's profitability when paired against the U.S. Dollar and Japenese Yen. A Nissan source goes onto say that Nissan has begun talks with Mitsubishi about using one of their sedans. A Mitsubishi spokesman says at this time tha…
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Back in late 2013, Mitsubishi announced a new partnership with Nissan to create a new midsize sedan for the North American marketplace. But at the NADA conference this weekend, a Mitsubishi executive says the plan has hit an impasse. “I told them that the plan has stalled. And I said that’s really all I can tell you at this time,” said Don Swearingen, executive vice president of Mitsubishi Motors North America to Automotive News. Its unclear whether the sedan part of the partnership or if another part is causing the trouble. Nissan was unable to comment at the time the story went up. But while the midsize sedan fate is in question, Mitsubishi dealers have a lot of new …
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After seven years of not really introducing new products and posting losses and declining sales, Mitsubishi is making a comeback in the U.S. The automaker expects to make a to make an operating profit of $27 million, and boosted sales projections to 116,000 vehicles for the fiscal year that ends next March. "One of the important efforts inside the company has been turning North America from red ink to black. Finally we can realize that," said Mitsubishi Motors CEO Osamu Masuko. Makuko credits the Outlander Sport and Mirage for getting Mitsubishi back in the black. Through October, Mitsubishi has seen sales climb to 64,564 vehicles, up 30 percent. With all of this good …
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We've been reporting on the departure of the Mitsubishi Lancer Evolution for the past year or so. But the big question of what would replace it has been up in the air. But a new report from Autocar says that a SUV would take its place, at least in spirit. “It will not exist as we know it. It will be replaced in spirit by an SUV with high performance,” said Kanenori Okamoto, Mitsubishi's product boss. This new SUV will apparently incorporate lessons learned from the MiEV Evolution III, which broke the EV record at Pikes Peak this year. The MiEV Evolution III will likely give a number of technologies, including its advanced Super All Wheel Control (S-AWC) system. Sourc…
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The end of era is coming soon. Automotive News reports that Mitsubishi has planned the departure of the Lancer Evolution at the end of this generation. The company hasn't given a date to that though. “Mitsubishi Motors does not have any plans to design a successor with the current concept, as a high-performance four-wheel drive gasoline-powered sedan. Mitsubishi Motors will explore the possibilities of high-performance models that incorporate electric vehicle technology,” said Mitsubishi spokeswoman Namie Koketsu. Rumors of what would happen to the Lancer Evolution have been swirling around for the past few years ranging from the model becoming a plug-in hybrid rally ca…
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Mitsubishi North America is getting a new president and CEO. Starting March 1, Ryujiro Kobashi will take over from Yoichi Yokozawa, 49, who has been in charge since April of 2011. Kobashi has been with the automaker since 1983, holding various positions throughout the company. Before being named Mitsubishi NA's president, Kobashi was the corporate general manager of the NA office at Mitsubishi's headquarters in Japan, where he kept an eye on the regional operations for the US, Canada, and Mexico. "I am very much looking forward to this new opportunity as we navigate Mitsubishi Motors North America to thrive in the U.S. market under MMC's 'New Stage 2016' business plan," …
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Mitsubishi told its dealers yesterday at the NADA Convention about a plan to reintegrate the brand's tired lineup. The lynchpin to this plan is a new midsize sedan that will come out of a new partnership between Mitsubishi and Nissan/Renault. Don Swearingen, Mitsubishi Motors North America executive vice president tells Automotive News that the two are still in negotiations about the new sedan. "We abandoned a huge market and we have to find a way to fill those customer's needs. Many of those customers are coming back to market, and we tried to move them into our other offerings, but if they're looking for that D segment sedan, we just don't have it," said Swearingen. …
Last reply by regfootball, -
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William Maley Staff Writer - CheersandGears.com December 14, 2013 A new report from Motor Trend says the next Lancer Evolution will be much different than the one we currently have. The report says that Mitsubishi is working on a new plug-in hybrid drivetrain and platform that will consist of electric motors in the front and back for the all-wheel drive system, a battery pack mounted under the rear seats, and a gas engine. Sources close to project say engineers are considering a 1.1L inline-three turbocharged engine with 135 horsepower. Because of this new platform, Mitsubishi is considering changing the name for the next Lancer Evolution. Source: Motor Trend Willi…
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William Maley Staff Writer - CheersandGears.com November 25, 2013 The rumors of what will be happening with the Mitsubishi Lancer Evolution have been flying for the past few years. They have ranged from the model being killed off to morphing into a hybrid model. One thing is for certain, it's going to be awhile before we see a new Lancer Evolution. CarAdvice had the chance to talk with Mitsubishi managing director of product projects and strategy Ryugo Nakao. Nakao said for the time being, the company is putting the development of the next-generation model on hold to focus more on SUVs, EVs, and plug-in hybrid vehicles. “We cannot do both environmental protection and…
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William Maley Staff Writer - CheersandGears.com November 5, 2013 In a surprise move, Mitsubishi has announced they are teaming up with Nissan-Renault to build two new sedans; a new midsize sedan that would be sold in the U.S. and Canada, and a compact sedan that will be sold globally. The partnership will also look new projects which include products, technology and manufacturing capacity. “Nissan and Mitsubishi Motors have jointly benefited from several collaborations in the past, most recently the successful joint-venture on Kei cars in Japan. I welcome the direction being taken towards this broader cooperation, creating new opportunities for Renault in addition to …
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By William Maley Staff Writer - CheersandGears.com March 19, 2013 Mitsubishi is mounting a comeback in the U.S. The brand which only sold 57,790 vehicles last year, a 27% drop in sales compared to 2011, has big plans that involves more marketing and beginning to fill the holes in the lineup. Masatoshi Hasegawa, executive vice president of corporate planning for Mitsubishi Motors North America told Automotive News the brand is looking at a new midsize sedan and a larger crossover. "We are looking into a possibility for the [mid-sized sedan] segment, and we may look into maybe a bigger brother to the Outlander." Hasegawa also noted that a replacement for the aging La…
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By William Maley Staff Writer - CheersandGears.com May 13, 2013 Mitsubishi could be introducing a new subcompact sedan as part of an effort to help bolster their presence in the U.S. Automotive News reports that Mitsubishi dealers were shown rendering of the sedan at the brand's regional dealer meetings back in April. Mitsubishi told the dealers that the sedan could be arriving sometime in 2015. When asked about this, Mistubishi declined to confirm the timing or whether dealers in the U.S. would get it at all. What Mitsubishi did confirm is that they did talk to their dealers about this. The company "is looking into introducing a small, entry-level sedan to the Unite…
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Report: Future Mitsubishi models may each get their own EV variant by Zach Bowman (RSS feed) on Dec 21st 2010 at 2:29PM Word on the web is that Mitsubishi is bracing for the electrification of the automobile in a big way. According to Motor Trend, the Japanese automaker is in the midst of developing all of its future products so that they easily support an EV drivetrain or an internal combustion get up. That line of thinking seems to mesh well with the rumors of the upcoming hybrid crossover from Mitsubishi. The lumbering beast will supposedly take plenty of cues from the PX-MiEV that showed up at the 2009 Tokyo Auto Show, with a 1.6-liter four-cylinder engine working…
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Mitsubishi renders new global small car to be built in Thailand by Jeremy Korzeniewski (RSS feed) on Dec 10th 2010 at 9:25AM Mitsubishi Motors Corporation (MMC) plans to open a third factory in Thailand at the Laem Chabang Industrial Estate in Chonburi province about 60 miles southeast of Bangkok. The plant will eventually have a production capacity of up to 200,000 new vehicles per year and will produce a new global small car with 1.0-1.2L engines sometime in 2011 and based on a new platform that Mitsubishi promises will be affordable and deliver excellent fuel economy. This new machine will conform to the requirements of Thailand's government-led Eco-car Project bu…
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Bigger is Better: Mitsubishi's US-Spec Wide-Bodied i-MiEV Revealed Ahead of LA Show MONDAY, NOVEMBER 08, 2010 These are the first official photos of the North American version of Mitsubishi's i-MiEV all-electric city, which will have its world premiere at the Los Angeles Auto Show, to be held from Wednesday, November 17 to Sunday November 28. Even though big ideas can come in small packages, for most things in America, consumers believe that "bigger is better" and "better is bigger". And seeing what happened with Mercedes-Benz and its Smart Fortwo mini, Mitsubishi decided to "fatten-up" the North American version of the i-MiEV, and make it bigger than its Japanese- …
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anyone care? When this hits in a few weeks I will be out looking at one. Outlander Sport = Tiguan package for a lot less money. Yes, I know, its not as schwank as the Tiguan. Manual trans is available. Depending on configuration, pricing is attractive. Standard USB, bluetooth, and Fuse. It seems a bit underpowered, but not compared to say, a Chevy Cruze. For the price of a Cruze, the OS compares favorably and is packaged in a hatchback / more utility form. The regular outlander is spacious and the passenger cabin is essentially in tact in the OS. I particularly like the low weight, gas mileage, price, CVT, warranty. I thought i was keen on the Sportage (new one…
Last reply by regfootball, -
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Mitsubishi CEO pledges to stay in U.S., wants to quadruple sales Hans Greimel Automotive News -- September 22, 2010 - 3:52 pm ET TOKYO -- Mitsubishi Motors Corp. President Osamu Masuko says the company won't pull out of the U.S. market and that his personal mid-range sales target is 200,000 units a year, or roughly four times today's level of 50,000. Masuko acknowledged that the Japanese carmaker has fallen hard since its U.S. sales peaked at 354,111 vehicles in 2002. But he sees sales reversing their steady decline and expanding this year and next. New products, patience, moderate incentives and sustainable growth will be the key, he says. “People have been asking …
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MITSUBISHI SUPPLY CHAIN CHIEF RESIGNS, U.S. OPERATIONS IN QUESTION By Drew Johnson Potentially putting Mitsubishi’s United States operations into question, the company’s top supply chain executive has announced her retirement. Mitsubishi has already announced that it will not restaff the position. Sandra Gillespie, senior vice president of procurement and supply for Mitsubishi Motors North America’s manufacturing unit, officially retired from her post on September 1. Gillespie, 56, has worked for Mitsubishi since 1989. Mitsubishi spokesman Dan Irvin confirmed that the Japanese automaker has no plans to hire a direct replacement for Gillespie. Instead, Gillespie’s form…
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Report: Mitsubishi i-MiEV to be upgraded for the U.S. by Jeff Glucker (RSS feed) on Sep 7th 2010 at 9:32AM Mitsubishi is getting ready to roll out its electric i-MiEV in the United States, which is expected to arrive in late 2011. When it does land on our shores, it will be larger than its Japanese- and Euro-spec cousins. Gregory Adams, head of marketing and product planning for Mitsubishi Motors North America, states that the changes were required to meet U.S. crash regulations and to conform to our super-sized tastes. In addition to a roomier i-MiEV, U.S.-spec cars will feature an upgraded interior and a greater number of standard features. The electric egg-bus is ex…
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Mitsubishi i-MiEV a preview of automotive future It happened on Detroit's East Side: A driver in a Smart car waved at me. He saw what I was piloting, and it was a sign of the highest respect. What prompted this in-the-club type response from someone committed to saving the planet one fuel-sipping mile at a time? The answer is a car not even sold in the United States: the Mitsubishi i-MiEV. The name stands for Mitsubishi Innovative Electric Vehicle, based on the Mitsu's "i" minicar. The i-MiEV became available for lease in Japan last summer. Since Mitsubishi is bringing the i-MiEV state side in late 2011, they've brought a small fleet of right-hand drive vehicles over …
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Mitsubishi has plan to end the skid Hans Greimel Automotive News -- July 12, 2010 - 12:01 am ET TOKYO -- Struggling to revive his dwindling U.S. business, Mitsubishi Motors President Osamu Masuko has outlined a two-pronged plan that hinges on introducing new products and building a new vehicle at an underused Illinois assembly plant. Mitsubishi's sales have fallen off sharply since 2007, when the brand staged a one-year sales revival after four years of precipitous decline. But in an interview with Automotive News, Masuko gave no hint that he's ready to give up on the United States, even as the company focuses more on developing markets. So far this year Mitsubishi h…
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Next Evo goes diesel hybrid Friday, June 11, 2010 Mitsubishi is planning a radical overhaul of its Lancer Evolution by changing the next incarnation into a diesel hybrid. The switch of drivetrain is designed to save the Evo from tightening economy and emissions regs while preserving its trademark mid-range shove. Mitsubishi is said to have given serious consideration to axing the Evo model altogether. As recently as a month ago, sources in Japan said an earlier project — to switch the car to a petrol hybrid powertrain and base it on the PX-MiEV SUV concept’s platform — was dead. But now the firm’s R&D department has been given approval to push the car in a differe…
Last reply by 67impss, -
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Mitsubishi Motors seeks 56% sales growth by 2013 Automotive News Europe -- June 8, 2010 13:16 CET TOKYO (Reuters) -- Mitsubishi Motors Corp aims to announce by the end of 2010 how it plans to get billions of dollars in preferred shares off its balance sheet, and will unveil a growth plan for a 56 percent jump in vehicle sales at the same time, its president said on Tuesday. Japan's sixth-biggest automaker has suffered a sharp slide in sales in recent years and many analysts have dropped its stock from their coverage due to the unresolved issue of more than 400 billion yen ($4.4 billion) of unredeemed preferred shares issued mostly to the Mitsubishi group. President O…
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Debt-Ridden Mitsubishi Running on Fumes By Mack Chrysler WardsAuto.com, Apr 19, 2010 9:00 AM Mitsubishi Motors Corp. appears to be living on borrowed time as a stand-alone auto maker. This sober conclusion is not held unanimously. But the evidence is compelling, and many industry experts believe an alliance of some kind with a foreign auto maker is essential to survival. ADVERTISEMENT “Mitsubishi Motors is a financially troubled company with too much debt in a difficult competitive position, with market share small and vanishing almost everywhere,” says Chris Richter, a senior analyst with CLSA Asia-Pacific Markets in Tokyo. The auto maker has never fully reco…
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I think this is one nice looking compact CUV(?) or MPV(?). It may draw some badly needed attention back to Mitsubishi when it comes to the U.S. Mitsubishi should discontinue the awkward looking Lancer Sportback when this model arrives in the U.S. I think U.S. buyers will accept and consider this over an odd looking hatchback. Link: Net Car Show: 2011 Mitsubishi RVR.
Last reply by PONTIAC06, -
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Here are some pictures I took of the 2009 Mitsubishi Lancer Sportback at the Montreal International Autoshow in Quebec, Canada on Tuesday January 20th.
Last reply by ocnblu, -
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Mitsubishi set to idle Illinois plant for seven weeks Dec 10th 2008 at 8:01AM Link to Article Slumping sales have pushed Mitsubishi to schedule a production stoppage at their Normal, Illinois plant early next year for a period lasting more than 40 days. The facility, employing 1,568 workers, manufacturers both the Galant and Eclipse. When the assembly line lights go dark between February 16 and April 3, it will signify the longest halt of production since the facility began operation in 1988. The news obviously isn't good, but it thankfully doesn't carry any immediate word about layoffs. According to Mitsubishi, all employees will remain on payroll during the shutdow…
Last reply by Chicagoland, -
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Mitsubishi Motors Corporation Appoints New President and CEO of MMNA Nov. 25, 2008 Link to Article CYPRESS, Calif., Nov 25, 2008 /PRNewswire via COMTEX/ -- Mitsubishi Motors Corporation today announced that effective January 1, 2009, Shinichi Kurihara (59) will succeed Hiroshi Harunari as President and CEO of Mitsubishi Motors North America (MMNA). With the fulfillment of his three-year term, Hiroshi Harunari returns to Japan for reassignment within Mitsubishi Motors Corporation. As President and CEO of MMNA, Harunari made strides improving dealer communication and vastly helped instill a culture of greater fiscal responsibility in day-to-day operations. Harunari p…
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http://www.km77.com/00/mitsubishi/lancer/sportback/t01.asp
Last reply by Polish_Kris, -
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http://www.edmunds.com/insideline/do/News/articleId=122308#2 TOKYO — Mitsubishi Motors has introduced the oddly named Galant Fortis sedan in the home market. Americans will see the same car shortly as a replacement for the Lancer compact. But what I don't get is...why would we see it "shortly as a replacement for teh Lancer" when not only was the Lancer just redesigned, but it's the same damn car?
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Spied: 2008 Mitsubishi Lancer Ralliart Date posted: 07-27-2007 | Link to Original Article @ Edmunds SANTA MONICA, Calif. — Astute spy photographers caught photos of what is believed to be the 2008 Mitsubishi Lancer Ralliart, a midlevel model positioned between the base Lancer and the upcoming 300-plus-horsepower Evolution version. While the former Ralliart model offered little more than a body kit and fancy wheels, this next-gen version is expected to have all-wheel drive and a turbocharged four-cylinder making somewhere in the neighborhood of 220-230 horsepower. With that kind of hardware, the Ralliart will be well positioned to compete with the latest Subaru WRX, a …
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Mitsubishi's Questionable Future Possible arrival of Pajero Pinin, dealers unimpressed by '09 Galant and Endeavor By KATHY JACKSON | Link to Original Article @ AutoWeek The redesigned Outlander crossover and entry-level Lancer sedan have helped fuel a rebound in Mitsubishi's U.S. sales. But U.S. dealers were not impressed with sketches of the 2009 Galant sedan and Endeavor crossover at dealer meetings this year in Japan and the United States. "We all gave them the thumbs down," said one dealer. He said those models basically only get new bumpers. "It's like putting perfume on a pig," he said. "Like changing your fingernail color." Dealers were counting on radical …
Last reply by regfootball, -
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I'm not sure this was posted before... but here it is, just in case - Mitsubishi Motors Announces FY2006 Full-year Results and FY2007 Forecasts April 26, 2007 -- Tokyo -- Mitsubishi Motors Corporation (MMC) today announced its full-year results for the year ending March 31, 2007, together with forecasts for the year ending March 31, 2008. Fiscal 2006 full-year results 1.Fiscal 2006 overview Mitsubishi Motors' consolidated sales for fiscal 2006 totaled 2 trillion, 202.9 billion yen: an increase of 82.8 billion yen over the previous fiscal year. Favorable yen exchange rates and a more profitable model mix more than offset decreases in retail sales volume and in the O…
Last reply by bowtie_dude, -
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http://reviews.cnet.com/2008_Mitsubishi_La...57.html?tag=pop I think all cars should have such a hard drive..
Last reply by deftonesfan867, -
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Reviews: 2008 Mitsubishi Lancer We expect the new Lancer to accomplish two goals when it arrives in March. First, it will convince economy-sedan buyers that Mitsubishi is once again a serious player in this segment. Second, it will convince hard-core enthusiasts that all the hype surrounding the Lancer Evolution X is fully justified. These are critical steps on the road to recovery for Mitsubishi. Fortunately, the 2008 Mitsubishi Lancer appears to be robust enough to stand up to just this kind of pressure. Edmunds
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MotorBar's drive of the odd Mitsubishi Colt CZC. Mitsubishi's Tiny Coupe/Cabriolet
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To me it looks very much like the Lexus IS. http://blogs.edmunds.com/Straightline/1957
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edmunds
Last reply by regfootball, -
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Spied: 2008 Mitsubishi Lancer Autoblog
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link provided! woo hoo here I am sure fly is already working up some cheap shots
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Mitsubishi Plans to Provide Electric Car for U.S. According to an article in Automotive News, Mitsubishi's president, Osamu Masuko, made the announcement during the annual dealer's meeting held in the City of Sin. The lithium-ion powered vehicle will be made available in Japan first and will then find its way onto U.S. soil. The automaker has been toying with both electrics and hybrid in Japan, and intends to import both in the coming years. Although the electric-powered model may carry a bit more cache than the traditional hybrid route, we're curious as to what, if anything has materialized out of the Concept-CT that Mitsu debuted earlier this year at the NAIAS. The …
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Pricing: 2007 Mitsubishi Outlander October 9, 2006 -- CYPRESS, Calif., -- Mitsubishi Motors North America, Inc. (MMNA) has announced pricing for its all-new, second-generation Outlander compact sport-utility vehicle. The larger, more powerful 2007 Outlander will start at a manufacturer's suggested retail price (MSRP) of $21,370 for a well-equipped ES front-wheel drive model. Early buyers will receive a Mitsubishi 25th Anniversary discount of $1,380 for a starting MSRP of $19,990. All 2007 Outlander models are powered exclusively by a new all-aluminum MIVEC V-6 engine teamed to a six-speed Sportronic® automatic transmission, achieving 220-hp (Federal emissions.) A segm…
Last reply by regfootball, -
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From mits...website. a well equipped car for around 27-28k. I think it will be a good performer. I wish that this had been out the same time last year. Galant Ralliart There are boatloads of boring sedans out there. Galant Ralliart is for those who understand that being a responsible adult doesn't have to mean giving up anything. First, you get 258 factory-performance tuned horses underfoot. Put the spurs to them and 60 miles an hour is only 6.5 seconds away ENGINE: 3.8-liter, 258-horsepower MIVEC V6 TRANSMISSION: five-speed Sportronic® transmission with adaptive shift control and clutchless manual shift mode INTERIOR: air conditioning with automatic climate …
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TCC Test: 2007 Mitsubishi Outlander Mitsubishi is celebrating its 25th anniversary of selling cars in the U. S. by unveiling the second-generation Outlander compact SUV, and the competition should take notice. Compact in name only, the 2007 Outlander is longer, taller and wider than the model it replaces. A wider track helps increase hip room. And despite a minimum ground clearance of 8.5 inches, step-in is easy and car-like. In other words, this new Outlander's a much stiffer competitor for the RAV4, the CR-V, and the Escape. And with its newly acquired third-row seat, the Outlander puts a foot in the world of true mid-sized utes like the Honda Pilot. Read "2007 Mit…
Last reply by scotthendersonfan, -
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I noticed on the current Mistubishi TV ads a lttle "25 Years in America" logo. Of course, those of us older than the Gen-Xers these cars are targeted for (ironic choice of words, there) remember that Mistusbishi visited us a little earlier than just "25 years." Mistusbishi's first visit actually occurred 63 years ago, on December, 7th, 1942, 07:55 HRS at Pearl Harbor, HI. The model; a Mistubishi A6M Zero Think maybe they'll re-introduce them with the turbo diesel!?
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To Mitsubishi Raider, with love... Congratulations on being the 2nd-worst-selling pickup in the country! Even the Baja beat you, man...the BAH-HA! Compareth thou to the Isuzu i-Series and then kill yourself. Statistics are registrations made for the first half of 2006.
Last reply by Intrepidation, -
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click here Interesting cvomments on Mitsubushi and also other captive imports. Flint (the son) also mentions the twin stick transmission but fails to mention American Motors use of a similar idea.
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http://www.edmunds.com/insideline/do/Drive...rticleId=116296
Last reply by Matt276, -
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...
Last reply by bearrunner44, -
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Richard Gilligan retires from Mitsubishi Automotive News 6/29/2006 1:32:00 PM Richard Gilligan, the manufacturing executive who was drafted to lead Mitsubishi's North American sales organization as the company's U.S. sales were crumbling earlier in the decade, will retire at the end of this week. That's all I could get... another nail in the coffin?
Last reply by w00t_man, -
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The Lienerts Go Off On a Raider The Mitsubishi Raider is pretty much a Dodge Dakota that's been prettied up a tad. As we all know, Mitsu isn't in the best shape right now. There is a very real possibility that they may leave the North American market. I don't think this is helping matters any. And neither will what Paul & Anita have to say about it. Read "Mitsubishi Raider fails to offer more truck than its rivals" @ The Detroit News
Last reply by Newbiewar, -
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Mitsubishi could withdraw from U.S. Link: http://www.leftlanenews.com/2006/06/02/mit...thdraw-from-us/ Mitsubishi product strategist Shinichi Kurihara at press event in Japan last week that if the automaker’s newest vehicles don’t sell well in the United States, the automaker might not be able to stay in the country. Kurihara said the vehicles like the Outlander, Lancer, and Eclipse have to “be successful for us to stay in business in the U.S.” In recent years, Mitsubishi has seen sales and revenue fall considerably.
Last reply by VenSeattle, -
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*found this on another forum, from some Japanese sales report* New Mitsubishi Outlander Japan's Best Selling SUV 19,000 sales since launch in mid-October Customer confidence demonstrated European launch to follow Since its home market launch in October 2005, the all-new Mitsubishi Outlander has amassed more sales than any other SUV in Japan, placing it not only ahead of its own sales targets but also well ahead of the competition. Accumulated sales of 18,921 put new Outlander at the top of the 6-month October-March SUV sales chart, ahead of the Toyota Harrier* and Toyota RAV4; Outlander was also top seller in November, December and February. Outlander’s closes…
Last reply by Bimmer325, -
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Studying the Galant Ralliart Form The Mitsubishi Galant is a car that is all but forgotten in the midsize sedan marketplace. It is rarely (if at all) mentioned in the same breath as the Camry, Altima and Accord. Mitsubishi seeks to remedy this with the arrival of the 2007 Galant Ralliart, its most direct competition being the Nissan Altima SE-R and Subaru Legacy GT Spec.B. See if the Galant with the soul of an Eclipse can impress Edmunds' testers. Read "Mitsubishi crosses the Galant and the Eclipse GT" @ Edmunds
Last reply by regfootball, -
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I was taking a shower when I heard an advertisment on the radio that caught my attention. It said that if you buy a new Raider, you can have a Galant to use, free of charge, for two years. Straight from their website: Yikes.
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http://www.youtube.com/watch?v=KdrqRgkNqIA...r%20commercials
Last reply by Intrepidation, -
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Introduction By editors at Edmunds.com Date posted: 04-03-2006 Things have been a bit rocky at Mitsubishi lately, and the Japanese automaker has a lot riding on the flashy new 2006 Eclipse sport coupe. We gave the car a mixed review this past May, complimenting its sharp handling and distinctive styling, but knocking off points for excessive torque steer and a noisy cabin. Rather than settling for a week in a press car that may or may not be representative for the breed, we requested a long-term test vehicle we could ring out for a full year. Mitsubishi complied, and in early August the company delivered a spankin' new 2006 Eclipse GT. Loaded with Sunset Pearlescent…
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I'm sure no one really cares, but its worthy of news anyways. Since Chicago is dead maybe some midwest dealers will get killed. Probably one step closer to getting killed for good i suppose. From the newsroom of Automotive News Click on a headline to open a new browser window and read the story. Mitsubishi cuts 25 jobs Automaker shuts down Chicago-based region LOS ANGELES -- Mitsubishi Motors North America has eliminated 25 jobs -- about 5 percent -- at company headquarters in Cypress, Calif., and one of its five regional offices. The cutbacks come at a time when Mitsubishi's sales continue to plunge in this country and when dealer profitability is on life…
Last reply by Chicagoland, -
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Mitsubishi tests new small car in U.S. Kathy Jackson | | Automotive News / April 3, 2006 - 6:00 am LOS ANGELES - Mitsubishi, eager to expand its U.S. lineup, is testing a small car in California. Two i cars arrived in March and will be driven in the Los Angeles area. The i car is sold in Japan. "We will drive it to get customers' comments," says Hiroshi Harunari, the new boss of Mitsubishi Motors North America Inc. "We will study things like which size engine is suitable for the U.S." Harunari, a 33-year Mitsubishi veteran, was chosen by the parent company to bring new products, leadership and consistency to the U.S. unit. Yet Harunari, 57, the fourth CEO of …
Last reply by Variance, -
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Mitsubishi Cuts Production of Slow-Selling Raider Truck Date posted: 03-14-2006 CYPRESS, California — Mitsubishi, the ailing Japanese automaker, has asked former partner Chrysler to curtail production of its slow-selling Raider pickup, at least temporarily, while the company tries to clear dealer lots of unsold inventory with rebates of up to $3,000. The 2006 Raider was introduced last fall. It shares major underbody components, including driveline and chassis, with the Dodge Dakota. According to the trade weekly Automotive News, Mitsubishi dealers sold only 492 Raiders in February and had more than a six-month supply of unsold units in stock on March 1. Mitsubishi…
Last reply by Dragon, -
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Toyota, Fuji to develop hybrid for Subaru cars: paper TOKYO (Reuters) - Toyota Motor Corp. and Fuji Heavy Industries Ltd. have agreed to co-develop a gasoline-electric hybrid system to be mounted on Fuji Heavy's Subaru cars, the Nihon Keizai Shimbun reported on Saturday. Toyota, Japan's top auto maker and the world leader in hybrid technology and sales, had previously considered supplying its own hybrid system to Fuji Heavy. But that proved difficult given Subaru's unique symmetrical all-wheel-drive drivetrain system, the paper said. Officials at the companies were not immediately available for comment. Toyota and Fuji Heavy have been exploring ways to cooperate in th…
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Toyota, Fuji Heavy to brief on alliance on Monday Reuters / March 10, 2006 - 8:15 am TOKYO -- Toyota Motor Corp. and its affiliate Fuji Heavy Industries Ltd. said on Friday that they would announce details regarding their business alliance on Monday, March 13, in Japan and the United States. Toyota and Fuji Heavy, the maker of Subaru cars, have been exploring ways to cooperate in the areas of development and production since Toyota became Fuji Heavy's top shareholder in October after Fuji Heavy dissolved its capital alliance with General Motors. Toyota now holds an 8.7 percent stake in Fuji Heavy. The two firms in December agreed to make Toyota-brand cars at Subaru's…
Last reply by PurdueGuy, -
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Mitsubishi Motors Develops 'Green Plastic', Bamboo-fiber Reinforced Plant-based Resin Tokyo, Japan, Feb 20, 2006 - (JCN Newswire) - Mitsubishi Motors Corporation, with cooperation from the Aichi Industrial Technology Institute (Kariya, Aichi Prefecture), has developed an automotive interior material which uses a plant-based resin, polybutylene succinate (PBS), combined with bamboo fiber. Parts made from the material will be used in the interior of a new-concept minicar, to be launched in Japan in fiscal 2007. Mitsubishi Motors has dubbed its independently developed plant-based resin technology, including this PBS-bamboo fiber resin, "Green Plastics". Mitsubishi Motors wi…
Last reply by Enzora, -
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Mitsubishi Motors set to buy 20 pct stake in China carmaker Fri Feb 17, 5:01 AM ET TOKYO (AFP) - Japan's Mitsubishi Motors has reached an outline agreement to buy a stake of at least 20 percent in Chinese carmaker South East Motor (Fujian) from Taiwan's China Motor. Mitsubishi Motors, Japan's fourth-largest automaker and the only one now in the red, wants to expand its presence in mainland China. "We have agreed with China Motor that we will buy about 20-25 percent of the shares of South East Motor," said a spokesman for Mitsubishi Motors on Friday. "By the purchase of the stake we aim to strengthen our operation in China although the details of the agreement are …
Last reply by Variance, -
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Canadian Driver
Last reply by regfootball, -
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Last reply by Variance, -
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Mitsubishi Prices 2007 Eclipse Spyder Under $26,000 Date posted: 02-04-2006 LA JOLLA, Calif. — The 2007 Mitsubishi Eclipse Spyder, which goes on sale in March, will start at $25,984, including a $595 destination charge, for the base GS model. The uplevel GT model will start at $28,864, including destination, the company said. A leather package on the GS includes such items as heated front seats and side mirrors; it adds another $980. The $1,980 premium sport package on the GT includes 18-inch wheels, leather seats, heated front seats, automatic temperature control, and aluminum pedals. A windscreen is a dealer-installed option, but pricing has not been set on that f…
Last reply by regfootball, -
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Mitsubishi Motors to form new tie-up with Malaysia's Proton Thu Feb 2, 12:31 AM ET TOKYO (AFP) - Struggling Japanese automaker Mitsubishi Motors will form a new tie-up with Proton that would help the embattled Malaysian carmaker develop new models, a newspaper reports. The tie-up will include a technology transfer, mutual supply of auto parts, including engines, and allow Proton to create new models, the Asahi Shimbun reported, quoting unnamed company sources. The tie-up could also pave the way for production of Mitsubishi vehicles in Proton plants, the daily said. Mitsubishi Motors president Osamu Masuko will visit Malaysia Friday to sign a statement of mutual agr…
Last reply by Variance,
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