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Found 109 results

  1. 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 developing new ones. There was also the feeling that workers couldn't speak up about reaching these impossible targets. The investigation also revealed that management failed to the address the possibility of something fishy going on with the fuel economy testing. In 2005, a new employee brought up concerns about fuel economy figures being made up. This was brushed off by managers. Six years later, a compliance survey addressing other falsifications were not brought to Mitsubishi executives. “The problem is not only with the testing, certification, or the development department. It’s a collective failure of Mitsubishi Motors as a whole, starting from the management,” said Yoshiro Sakata, one of the investigators appointed by the company at a briefing yesterday. “I take the panel’s recommendation seriously,” Mitsubishi Motors Chairman Osamu Masuko in a statement. “The efforts we’ve been making since I took over in 2005 haven’t been enough.” The investigators made a number of recommendations to prevent something like this from happening again. They include, Revamping development Making vehicle certification department independent from the research and development department Restructure the organization structure Being more transparent Understanding laws Be willing to find and tackle violations Source: Bloomberg, Reuters
  2. Mitsubishi Motors Reports July Sales Outlander Sport reported its best July sales ever Total Outlander 2016 sales up 10 percent over 2015 CYPRESS, Calif., Aug. 2, 2016 /PRNewswire/ -- Mitsubishi Motors North America, Inc. (MMNA) today reported July 2016 sales of 7,890, up slightly from July of last year. Mitsubishi's family of CUVs, the Outlander Sport and Outlander, led the way with total sales of 5,497, up 10 percent over July 2015. July YTD 2016 2015 2016 2015 i-MiEV 20 12 40 84 Mirage 1280 1553 14453 15054 Lancer 1093 1292 9527 11914 Outlander Sport 3545 3242 20376 21135 Outlander 1952 1769 15428 9225 Total 7890 7868 59824 57412
  3. Mitsubishi Motors Reports June Sales Outlander Sport and Outlander combined for sales of 5,450 Outlander up 86 percent over last June and records best June sales since 2007 Outlander Sport has best monthly sales since June 2015 Mitsubishi Motors North America, Inc. (MMNA) today reported June 2016 sales of 8,023 up one percent from June of last year. Mitsubishi's three-row crossover utility vehicle, Outlander, led the way with sales of 1,991, up 86 percent over June 2015. Total calendar year 2016 sales are 51,934, up five percent over last year. June YTD 2016 2015 2016 2015 i‐MiEV 4 23 20 72 Mirage 1541 1669 13173 13501 Lancer 1028 1255 8434 10622 Outlander Sport 3459 3948 16831 17893 Outlander 1991 1068 13476 7456 Total 8023 7963 51934 49544
  4. 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 issue that could cause considerable concern,” said Peter when asked about false fuel economy figures outside of Japan. Source: Automotive News (Subscription Required)
  5. 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. The compensation plan will see Mitsubishi pay 100,000 yen (about $955.63) to each minicar owner and pay for the difference in gasoline and taxes separately. Mitsubishi also announced that it expects Japan's transport ministry to approve the recalculated fuel efficiency ratings of its minicars by the end of the month. One more thing: The investigation being done by three former prosecutors into the scandal are expected to present their results sometime next month. Source: Bloomberg
  6. 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, saying that its investigation is ongoing. Source: Reuters
  7. Mitsubishi Motors Reports May Sales Numbers Outlander sales for the month report an increase of 119 percent over May 2015 Outlander records best May sales since 2003 Combined CUV sales of 5,996 are up 26.9 percent for the month and 22.2 percent for the year CYPRESS, Calif., June 1, 2016 /PRNewswire/ -- Mitsubishi Motors North America, Inc. (MMNA) today reported May 2016 sales of 9,025 and year-to-date sales of 43,911 up 5.6 percent for the year. Outlander sales of 2,963 are up 119 percent over the previous May, the best May sales since 2003. Outlander sales are up 79.8 percent for the year. May YTD 2016 2015 2016 2015 i-MiEV 2 18 16 49 Mirage 2098 3369 11632 11832 Lancer 929 1463 7406 9367 Outlander Sport 3060 3384 13372 13945 Outlander 2936 1341 11485 6388 Total 9025 9575 43911 41581
  8. The past month at Mitsubishi Motors has been tumultuous with the announcement that they had manipulated fuel economy numbers on a number of small city cars sold by them and Nissan. It would come to light that this manipulation had been going since 1991 on a number of models sold in Japan. Shares in the company dropped like a rock and there were concerns that Mitsubishi Motors would have to borrow money from other companies in the Mitsubishi conglomerate. But soon a white knight would appear, Nissan. The company that first discovered and reported it to Mitsubishi would buy a 34 percent share into the automaker, making it the largest shareholder. Thus, an alliance between the two was created. The two automakers are currently still in the beginning stages of their alliance, but certain things have been made clear of what the two hope to accomplish. The biggest one is to improve the reputation of Mitsubishi Motors in Japan. There is also talk about two working together on electric vehicles and possibly sharing a platform for their next-generation pickups. One of the questions still up in the air is what will the alliance bring to the U.S.? That’s probably way down on the priority list for both companies. But it is something that will have to be discussed sooner or later. At the moment, there seem to be two camps of thought. The first is that Mitsubishi should make an exit out of the U.S. Sales are on the rise for the Japanese automaker, but they pale in comparison with other competitors. Also, Mitsubishi doesn’t have the presence as other automakers when it comes to getting the message out. The second is that Mitsubishi should stay, which for the most part is followed by ‘bring back the Lancer Evolution!’. I hate to be the evil person here, but it isn’t coming back. Stop asking for it. Recently I was going back through some old Autocar magazines and came across an editorial talking about Nissan’s change in strategy for the U.K. and how they are currently reaping the benefits. “I remember when Nissan said it was giving up the ‘boring’ car market and dealing only in what were, at the time, niches. Quirky tall things. Things that didn’t sell in large volumes. That funny Qashqai thing: not quite a car, not quite a 4x4 either. We weren’t long out of the 1990s, a decade in which the list of the top 10 best-selling cars in the UK went something like this: Ford's Fiesta, Focus, Mondeo, Vauxhall's Vectra, Astra, Corsa, Peugeot 306, Volkswagen Golf, Rovers 200, 400. Family cars all. Straight family cars. Not always a Nissan among them, although the Micra dabbled inside the top 10, because it was, then, a cute supermini. So Nissan got into what were seen as niches. Ballsy move. And it has stayed there.” It was quite the gamble when Nissan made this call in the 2000’s to drop out of some very popular segments at the time to focus on some odd vehicles. But it has paid off as Nissan has become one of the popular brands in the U.K. and two of their vehicles - the Qashqai and Juke - are in the top ten of the best-selling vehicles. This got me thinking, what if Mitsubishi and Nissan were to apply this same strategy for the U.S.? You might think I’m being somewhat crazy with this idea, but what does Mitsubishi have to lose? What could this strategy possibly look like? I think we need to go back to 2015 and look at comments made by Mitsubishi Motors CEO Osamu Masuko for a possible starting point. "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.” In 2015, more than 58 percent of Mitsubishi’s U.S. sales were crossovers. That trend is continuing in 2016 as 54 percent of sales through April are crossovers. We know that later this year, Mitsubishi will finally launch the long-delayed Outlander PHEV in the U.S. There is also talk of a small crossover and next-generation Montero/Pajero coming in the next few years. I know crossovers and SUVs aren’t really considered a niche anymore as every automaker has one. But this is an area that Mitsubishi that is quite strong. So what could Nissan bring to the table with crossovers/SUVs? A key item would be electrification. Yes, Mitsubishi does have a fair amount of experience here. But as I mentioned, one of the key things the two automakers are planning to work on together on electric vehicles. They could make some big inroads with building an electric crossover with decent range (200 or more miles). Considering the huge craving for crossovers by consumers, the two could strike something big here. The other item Nissan could bring is new a new platform and/or engines for the next-generation Outlander/Outlander Sport. One complaint about both crossovers are the four-cylinder engines as they don’t have enough power to get either model moving at a decent clip. There’s also the issue of Outlander Sport having a very jarring ride due to the suspension tuning. But this is one part of the Mitsubishi conundrum. The other deals with their other best-selling passenger car, the Mirage. Aside from being the current whipping boy of the automotive press, the Mirage makes up about 38.3 percent of Mitsubishi’s 2016 sales through April. A lot this is due to the low price of the model ($12,995). To capitalize on this success, Mitsubishi will be launching a Mirage sedan later this year. To go back to the comments made by Masuko, “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.” But the Mirage is proving to be a strong model and one that should be considered a core model. It would be mad for Mitsubishi to drop it. One thing that the Mirage does need is a new engine. The 1.2L three-cylinder does deliver excellent fuel economy figures (37 City/43 Highway), but it is slow. Snails could outrun this vehicle. This is where Nissan could come in by giving the Mirage an engine transplant. The 1.6L four-cylinder from the Versa/Versa Note with 109 horsepower would provide a needed boost in power and wouldn’t affect fuel economy numbers much. Now that I have outlined some key issues and comments, let’s dive into what a smaller lineup for Mitsubishi could possibly look like with some help from Nissan. Mirage/Mirage G4: New engine from Nissan and possibly an improved interior. Lancer: Rebadged version of Sentra and Pulsar Hatchback, or Nissan helps with speeding up development of the next-gen model. Outlander Sport: Electric model possibly joins range. Outlander: Plug-in hybrid model sticks around. Pajero/Montero: All Mitsubishi here. Gas and plug-in hybrid powertrains on offer. Five and seven-seat configurations on offer. Triton/L200: Next-Generation model using Nissan Navara platform. Mitsubishi works on everything else from engines and four-wheel drive system. This is way out as both companies have introduced their latest trucks. Would Nissan be willing to help Mitsubishi with this? That is tough to say at this time since we’re still in the honeymoon period between the two automakers and there are more pressing things to address. There is also the consideration of why Nissan would help a competitor in the market. But Mitsubishi is a small bit player in the U.S. Last year, Mitsubishi only sold 95,342 vehicles. This pales in comparison with the 1,484,918 vehicles sold by Nissan last year. This could help Mitsubishi out with making a case for this idea. The U.S. is way down on the priority list between Mitsubishi and Nissan. But I’m sure the U.S. offices are thinking about what will happen. There are two real choices that are on the table, either leave the U.S. market or take a gamble and change up your lineup somewhat drastically. If I was Mitsubishi, I would push for the latter option by using the niche plan.
  9. Mitsubishi Motors' President Resigns

    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' new alliance. “For causing trouble and worry first and foremost to our customers and to all involved, I take responsibility,” said Akiawa. During a press conference today, CEO Osamu Masuko said he would handle the duties of both people for the time being until replacements are found. Source: Automotive News (Subscription Required), Mitsubishi Motors Press Release is on Page 2 Personnel Changes (Resignation) of Members of the Board Tokyo, May 18, 2016 - Mitsubishi Motors Corporation (MMC) announced resignation of members of the board as follows: 1. Member of the Board who will resign Tetsuro Aikawa President and COO, Representative Director Ryugo Nakao Executive Vice President, Representative Director 2. Reason for resignations As our announcement today on the Report to the Ministry of Land, Infrastructure, Transport and Tourism concerning improper conduct in fuel consumption testing of vehicles manufactured by MMC shows, MMC has caused tremendous trouble and concern to our customers and all of our stakeholders. Considering this, Mr. Aikawa and Mr. Nakao decided today that they will resign as Representative Directors as of June 24, 2016. 3. Date of resignation June 24 (the day of MMC's ordinary shareholders meeting) We will decide on the successors of both Representative Directors at our board of directors' meeting and make an announcement promptly
  10. The recently announced alliance between Mitsubishi and Nissan is already starting to bear some fruit out. Speaking with CarAdvice, Nissan CEO Carlos Ghosn said there was a possibility of the two companies of sharing a platform for their next-generation midsize trucks - the Mitsubishi Triton and Nissan Navara. “[it’s] very possible that we are going to use the same platform, but we’re going to develop the cars differently because the customers are not the same,” said Ghosn. “But instead of two different platforms we can have them on the same platform but be completely different products. The cost of development and purchasing will be lower. A common platform, but different developments.” It is unclear if the two companies will jointly develop a new platform or if Mitsubishi will license one from Nissan. But don't expect new models to come anytime soon. Both Mitsubishi and Nissan have recently launched new versions of their trucks, and it will be awhile before we see new ones. Source: CarAdvice.com.au
  11. The recently announced alliance between Mitsubishi and Nissan is already starting to bear some fruit out. Speaking with CarAdvice, Nissan CEO Carlos Ghosn said there was a possibility of the two companies of sharing a platform for their next-generation midsize trucks - the Mitsubishi Triton and Nissan Navara. “[it’s] very possible that we are going to use the same platform, but we’re going to develop the cars differently because the customers are not the same,” said Ghosn. “But instead of two different platforms we can have them on the same platform but be completely different products. The cost of development and purchasing will be lower. A common platform, but different developments.” It is unclear if the two companies will jointly develop a new platform or if Mitsubishi will license one from Nissan. But don't expect new models to come anytime soon. Both Mitsubishi and Nissan have recently launched new versions of their trucks, and it will be awhile before we see new ones. Source: CarAdvice.com.au Click here to view the article
  12. 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 scandal came to light, shares in Mitsubishi Motors have dropped 43 percent. Sales of Mitsubishi vehicles in Japan have also taken a turn for the worse. Mitsubishi Motors says they have enough money to cover the scandal and will not seek help from Mitsubishi group companies. Why would Nissan want a controlling stake in Mitsubishi? A couple of reasons. One, Mitsubishi vehicles are very popular in markets such as Thailand and Indonesia. In fact, Asia makes 50 percent of the company's group operating profit. There is also talk about the two cooperating on electric vehicles. Both companies will hold board meetings tomorrow to discuss the capital tie-up and how the shares will be distributed. Source: Bloomberg, NHK, Nikkei Asian Review UPDATE: Both Mitsubishi and Nissan confirmed they are in talks this morning in Japan. "Nissan and Mitsubishi are discussing various matters including capital cooperation, but nothing has been decided," according to statements released by both companies. Reuters confirms that the board of both companies will be holding separate meetings today to discuss this issue. Source: Reuters
  13. 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 scandal came to light, shares in Mitsubishi Motors have dropped 43 percent. Sales of Mitsubishi vehicles in Japan have also taken a turn for the worse. Mitsubishi Motors says they have enough money to cover the scandal and will not seek help from Mitsubishi group companies. Why would Nissan want a controlling stake in Mitsubishi? A couple of reasons. One, Mitsubishi vehicles are very popular in markets such as Thailand and Indonesia. In fact, Asia makes 50 percent of the company's group operating profit. There is also talk about the two cooperating on electric vehicles. Both companies will hold board meetings tomorrow to discuss the capital tie-up and how the shares will be distributed. Source: Bloomberg, NHK, Nikkei Asian Review UPDATE: Both Mitsubishi and Nissan confirmed they are in talks this morning in Japan. "Nissan and Mitsubishi are discussing various matters including capital cooperation, but nothing has been decided," according to statements released by both companies. Reuters confirms that the board of both companies will be holding separate meetings today to discuss this issue. Source: Reuters Click here to view the article
  14. 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 signed by May 25th where Nissan can name four directors to the Mitsubishi Motors board. Nissan can also name one of their directors as a chairman for Mitsubishi. Osamu Masuko, chairman of Mitsubishi Motors explained the two companies have been discussing ways to extend their partnership for some time. Mitsubishi and Nissan currently have a deal concerning minicars. When the scandal came to light, the talks accelerated. “We had to do something quite daring. It is not an easy task to restore trust,” said Masuko. Makuko also notes that a takeover like this would have happened sooner or later due to Mitsubishi lacking the resources to compete effectively on its own. “This would have happened one day,” he said. This deal does open Nissan to possible issues concerning the problems facing Mitsubishi and how much money will need to be spent. Ghosn explained that Mitsubishi was very open about the scale of problems it faces and that Nissan would only complete the deal after it has done an investigation into the investment. Source: Automotive News (Subscription Required), New York Times, Mitsubishi, Nissan Press Release is on Page 2 Nissan and Mitsubishi Motors forge strategic alliance; Nissan to take 34% stake in Mitsubishi Motors for 237 billion yen YOKOHAMA and TOKYO, Japan – Nissan Motor Co., Ltd., (“Nissan”), and Mitsubishi Motors Corporation, (“MMC”) announced that they have signed a Basic Agreement today to form a far-reaching strategic alliance between the two Japanese automakers. Following an MMC share issue, Nissan will take a 34 percent equity stake in MMC for 237 billion yen. The strategic alliance will extend an existing partnership between Nissan and MMC, under which the two companies have jointly collaborated for the past five years. Nissan and MMC have agreed to cooperate in areas including purchasing, common vehicle platforms, technology-sharing, joint plant utilization and growth markets. Carlos Ghosn, chief executive and president of Nissan, said: “This is a breakthrough transaction and a win-win for both Nissan and Mitsubishi Motors. It creates a dynamic new force in the automotive industry that will cooperate intensively, and generate sizeable synergies. We will be the largest shareholder of MMC, respecting their brand, their history and boosting their growth prospects. We will support MMC as they address their challenges and welcome them as the newest member of our enlarged Alliance family.” Osamu Masuko, chairman of the board and chief executive of MMC, said: “Through its long history of successful partnerships Nissan Motor has developed a deep knowledge of maximizing the benefits from alliance partnerships. This agreement will create long-term value needed for our two companies to progress towards the future. We will achieve long term value through deepening our strategic partnership including sharing resources such as development, as well as joint procurement.” Under the terms of the transaction, Nissan will purchase 506.6 million newly issued MMC shares at a price of 468.52 yen per share. The price per share reflects the volume weighted average price over the period between April 21, 2016 and including May 11, 2016. Nissan will become the largest shareholder of MMC on closing. MMC and Nissan expect Mitsubishi Heavy Industries, Mitsubishi Corporation and The Bank of Tokyo – Mitsubishi UFJ to maintain a significant collective ownership stake in Mitsubishi Motors, and to support the strategic alliance. The transaction is subject to the signing of a definitive Alliance Agreement, expected by the end of May 2016, the signing of a shareholders agreement with the current Mitsubishi Group shareholders of MMC and regulatory approvals. It is expected to close by the end of the year. The decision by Nissan to acquire a strategic stake in MMC marks the latest expansion of its Alliance model, built around a 17-year cross shareholding arrangement with Renault. Nissan has also acquired stakes or signed partnerships with other automotive groups including Daimler, and AvtoVaz. On closing, MMC will propose Nissan nominees as board directors in proportion to Nissan’s voting rights, including a Nissan nominee to become Chairman of the Board.
  15. Mitsubishi's CUVs Lead The Sales Charge In April Outlander Sport and Outlander combined for sales of 5,343 Mirage gains 37.2 percent over previous April with 3,302 sales reported Overall sales for the month report an increase of 17.7 percent over April of 2015 Mitsubishi Motors North America, Inc. (MMNA) today reported April 2016 sales of 9,674 up 17.7 percent from April of last year and is the best April sales since 2007. The Mitsubishi Outlander and Outlander Sport CUVs once again posted strong sales numbers with combined sales of 5,343 up 36 percent over April 2015. Outlander sales of 2,729 are up 118 percent over the previous April. Mirage continued to post solid sales numbers again in April with total sales of 3,302 up 37.2 percent over the same period last year. Mirage was the volume sales leader for the month. "Coming off the heels of a strong first quarter for the brand, the first month of the second quarter continued the momentum with April sales that we haven't seen since 2007," stated Don Swearingen, Chief Operating Officer, MMNA. "Our CUVs continue to be the sales workhorse for the lineup while the subcompact Mirage demonstrates the need for affordable, reliable, and economical, transportation." April YTD 2016 2015 2016 2015 i‐MiEV 6 16 14 31 Mirage 3302 2407 9534 8463 Lancer 1023 1865 6477 7904 Outlander Sport 2614 2674 10312 10561 Outlander 2729 1254 8549 5047 Total 9674 8216 34866 32006
  16. 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 Reuters, Aikawa denied these reports. "It's my responsibility and my mission to put the company on track to recovery. Beyond that, I haven't had a chance to even consider" the possibility of resigning, Aikawa said. Reuters also reports that Mitsubishi Motors could be on the hook for almost $1 billion to compensate owners, pay back tax rebates from the government, and other payments. This is according to analysts at Nomura Holdings. Yesterday, Mitsubishi Motors North America said they found no testing problems with vehicles sold in the U.S. between 2013 to now. “Our findings confirm that fuel economy testing data for these U.S. market vehicles is accurate and complies with established EPA procedures,” Don Swearingen, COO of 
Mitsubishi Motors North America told dealers in a letter to dealers. The letter was obtained by Automotive News. Source: Reuters via Automotive News, Reuters, Automotive News (Subscription Required), Mitsubishi Press Release is on Page 2 Mitsubishi Motors North America Statement Regarding Fuel Consumption Testing Data April 27, 2016 Mitsubishi Motors Corporation in Tokyo recently announced irregularities concerning fuel consumption testing data. To confirm that U.S. market vehicles are not affected by this issue, Mitsubishi Motors R&D America, Inc., working together with Mitsubishi Motors Corporation, proactively conducted an internal audit of U.S. market vehicles going back several model years to check previously submitted data to the EPA. After a thorough review of all 2013MY – 2017MY vehicles sold in the United States, we have determined that none of these vehicles are affected. Our findings confirm that fuel economy testing data for these U.S. market vehicles is accurate and complies with established EPA procedures. An entirely different system is used for the United States market to determine what the EPA calls Road Load Coefficient, strictly adhering to EPA procedures. The data generated is then independently verified for its accuracy before being submitted to the EPA for their fuel economy testing. MMNA has shared this information with EPA, California Air Resources Board and DOT. Mitsubishi Motors Corporation has acted quickly to address this issue and is putting in place a committee of external experts to thoroughly and objectively continue this investigation. The results of the investigation, once completed, will be made public. Mitsubishi Motors Corporation is also working closely with the Japanese Government to fully review the implications of this issue, and to discuss potential resolutions.
  17. 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 Reuters, Aikawa denied these reports. "It's my responsibility and my mission to put the company on track to recovery. Beyond that, I haven't had a chance to even consider" the possibility of resigning, Aikawa said. Reuters also reports that Mitsubishi Motors could be on the hook for almost $1 billion to compensate owners, pay back tax rebates from the government, and other payments. This is according to analysts at Nomura Holdings. Yesterday, Mitsubishi Motors North America said they found no testing problems with vehicles sold in the U.S. between 2013 to now. “Our findings confirm that fuel economy testing data for these U.S. market vehicles is accurate and complies with established EPA procedures,” Don Swearingen, COO of 
Mitsubishi Motors North America told dealers in a letter to dealers. The letter was obtained by Automotive News. Source: Reuters via Automotive News, Reuters, Automotive News (Subscription Required), Mitsubishi Press Release is on Page 2 Page 1 of 2 1 2 → Last » Click here to view the article
  18. 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 Mitsubishi Motors was embroiled in fifteen years ago with covering up customer complaints and vehicle defects for more than 20 years. Last week, Japanese authorities raided one of Mitsubishi's R&D offices. The Japanese Government has also asked Mitsubishi to submit a report on the manipulation by tomorrow. Meanwhile, U.S. regulators are pressing Mitsubishi to see if any vehicles sold here were involved in the manipulation. Mitsubishi announced that it has brought in three lawyers to conduct an investigation into the scandal. A report is expected in three months. Source: BBC News, Reuters, Mitsubishi Press Release is on Page 2 Tokyo, April 26, 2016 Regarding the Report to MLIT Concerning Improper Conduct in Fuel Consumption Testing of Vehicles Manufactured by Mitsubishi Motors Corporation The following is a summary of the report submitted by Mitsubishi Motors Corporation (MMC) to the Ministry of Land, Infrastructure, Transport and Tourism (MLIT) today, pursuant to instructions received from MLIT on April 20 to investigate improper conduct in fuel consumption testing of vehicles manufactured by MMC. Report Summary 1.Background to the improper conduct of MMC mini-car fuel consumption testing data (1) Four grades of the model year 2014 eK Wagon and Dayz (submitted in February 2013) were produced—a fuel-economy grade, a standard grade, a turbo grade and a 4WD grade. During development of the fuel-economy grade, the fuel consumption target, which had initially been 26.4km/l (in February 2011), was revised upward over a series of internal meetings until finally being set at 29.2km/l (February 2013). (2) Driving resistance data were obtained for that fuel-economy grade using a "high-speed coasting test," which differed from the coasting test required by the applicable laws and regulations in Japan. A relatively low value was selected from among the test results for use as the driving resistance value in order to give the appearance of greater fuel consumption. Data for the remaining three grades were calculated without testing based on the data for the fuel-economy grade. (3) The data submitted for the model year 2014 eK Space and Dayz Roox (submitted in October 2013), the model year 2015 eK Wagon and Dayz (submitted in March 2014), the model year 2015 eK Space and Dayz Roox (submitted in December 2014), and the model year 2016 eK Wagon and Dayz (submitted in June 2015) were all calculated without testing based on the data for the model year 2014 eK Wagon and Dayz to achieve the fuel consumption targets. 2. The following is the timeline leading up to the use of the "high-speed coasting test" differing from the test required by the applicable laws and regulations in Japan. We are currently investigating the reasoning behind each of the decisions outlined below. (1) In 1991, the coasting test was designated as the method for testing driving resistance under the Road Transport Vehicle Act, but MMC began testing vehicles for the Japanese market using a different method, the "high-speed coasting test". (2) In January 1992, a method was developed to reverse-calculate coasting time using driving resistance. (3) In January 2001, a test was run that compared the coasting test to the "high-speed coasting test," and the difference in results was found never to exceed 2.3%. (4) In February 2007, the testing manual was updated to add that "TRIAS (i.e., the coasting test) is to be used for DOM (i.e., vehicles for sale in Japan)." Nevertheless, the "high-speed coasting test" continued to be used thereafter. 3. Future direction of investigations (1) While some progress has been made in investigating the events described in sections 1 and 2 above, we will continue to work to discover the causes of this improper conduct and who is responsible. (2) Sufficient investigation has not been made into MMC vehicles other than the mini-cars described above; we plan to submit a separate report after looking into those models. Establishment of Special Investigation Committee In connection with the certification process for the mini-cars manufactured by Mitsubishi Motors Corporation ("MMC"), MMC hereby notifies that, yesterday, the board of directors decided to establish a special investigation committee (the "Committee") consisting of only external experts. MMC expresses its most sincere apologies to all of our customers, shareholders, and stakeholders for any inconvenience or concern caused by this occasion. 1: Background for the establishment of the Committee As announced, on April 20, 2016, in the press release titled "Improper conduct in fuel consumption testing on products manufactured by Mitsubishi Motors Corporation (MMC)," it has been revealed that, in the certification process for mini-cars manufactured by MMC, with respect to the fuel consumption testing data submitted to the Ministry of Land, Infrastructure, Transport, and Tourism, MMC conducted testing improperly, to present better fuel consumption rates than the actual rates; and that the testing method was also different from the one required by Japanese law (the "Matter"). For the sake of ensuring an objective and thorough investigation into the Matter, MMC has established this Committee in a way such that all members would be external experts independent from MMC. 2: Membership and activities of the Committee i Membership of the Committee The Committee is composed of the members, as follows, who have no conflicts of interest with MMC. Therefore, MMC has recognized no factor that would harm the independence and neutrality of the Committee. Further, MMC is considering appointing experts with technical knowledge to participate in the investigation. Committee Chair: Keiichi WATANABE, Attorney at Law (former Superintending Prosecutor, Tokyo High Prosecutors Office) Committee Member: Yoshiro SAKATA, Attorney at Law Committee Member: Genta YOSHINO, Attorney at Law ii Activities The Committee shall perform the following activities pursuant to MMC's delegation. I Investigation to uncover the facts surrounding the Matter, including review of related documents and data, and interviews with the related people. II Investigation to confirm the existence of other improper conduct similar to the Matter, and uncover the facts, if it does. III Analysis of the cause of the Matter, and a suggestion on measures to prevent recurrence. 3: Schedule moving forward The Committee shall investigate the Matter for about the next three months, and make a report on its results. MMC plans to disclose the report in a timely manner.
  19. 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 tire pressures when testing fuel economy on a rolling road. Nissan uncovered the manipulation as they were unable to replicate the fuel economy figures that Mitsubishi got. "This discovery was made during Nissan’s assessment of data from the current model as part of our development of the next-generation vehicle. We immediately brought the discrepancy to the attention of Mitsubishi, as they are responsible for the development and homologation of the current vehicles. In response to Nissan’s request, Mitsubishi admitted that data had been intentionally manipulated in its fuel economy testing process for certification," Nissan said in a statement. Both Mitsubishi and Nissan have stopped selling the models and are currently figuring out a compensation for affected owners. Mitsubishi has also announced they will be conducting an investigation into overseas models as their internal investigation showed the manipulation was used on other Mitsubishi products. "We will investigate why this happened and prevent a recurrence. We will inform our customers. I feel horrible they were given the wrong numbers," Aikawa said. After the announcement was made, shares in Mitsubishi dropped 15 percent, knocking off about $1.2 billion of the company's market value. This is another black mark for the Japanese company. For more than a decade, Mitsubishi has been trying to regain confidence from the market after it was revealed the company covered up a number of defects involving axles that could cause the wheels to detach. “It’s again bad for the company’s image. It’s not the first time for Mitsubishi to have this kind of issue, and this definitely won’t help them rebuild their reputation,” said Seiji Sugiura, an analyst at Tokai Tokyo Research Center to Automotive News. Source: Automotive News (Subscription Required), Autocar, Associated Press, BBC News, Mitsubishi Statement from Mitsubishi is on Page 2 Improper conduct in fuel consumption testing on products manufactured by Mitsubishi Motors Corporation (MMC) In connection with the certification process for the mini-cars manufactured by MMC, we found that with respect to the fuel consumption testing data submitted to the Ministry of Land, Infrastructure, Transport and Tourism (MLIT), MMC conducted testing improperly to present better fuel consumption rates than the actual rates; and that the testing method was also different from the one required by Japanese law. We express deep apologies to all of our customers and stakeholders for this issue. The applicable cars are four mini-car models, two of which are the "eK Wagon" and "eK Space" which have been manufactured by MMC; and the other two are the "Dayz" and "Dayz Roox" which have been manufactured by MMC and supplied to Nissan Motors Corporation (NM) since June 2013. Up until the end of March 2016, MMC has sold 157 thousand units of the eK Wagon and eK Space and supplied 468 thousand units of the Dayz and Dayz Roox to NM. Since MMC developed the applicable cars and was responsible for obtaining the relevant certifications, MMC conducted fuel consumption testing. In the process of the development for the next generation of mini-car products, NM examined the fuel consumption rates of the applicable cars for NM's reference and found deviations in the figures. NM requested MMC to review the running resistance(*) value set by MMC during tests by MMC. In the course of our internal investigation upon this request, MMC learned of the improper conduct that MMC used the running resistance value for testing which provided more advantageous fuel consumption rates than the actual rates. MMC will sincerely respond to our customers who own and use the applicable cars. (*) running resistance: rolling resistance (mainly generated by tires) and air resistance while vehicles are moving We have decided to stop production and sales of the applicable cars. NM also has stopped sales of the applicable cars, and MMC and NM will discuss compensation regarding this issue. During our internal investigation, we have found that the testing method which was different from the one required by Japanese law has been applied to other models manufactured by MMC for the Japanese domestic market. Taking into account the seriousness of these issues, we will also conduct an investigation into products manufactured for overseas markets. In order to conduct an investigation into these issues objectively and thoroughly, we plan to set up a committee consisting of only external experts. We will publish the results of our investigation as soon as it is complete.
  20. Mitsubishi Springs Into March With Best March Sales Since 2007 Total March sales of 11,078 is best since 2007 Mirage posts its biggest sales month since 2001 Outlander continues strong with sales up 33.5 percent CYPRESS, Calif., April 1, 2016 /PRNewswire/ -- Mitsubishi Motors North America, Inc. (MMNA) today reported its best March sales since 2007 with sales of 11,078, an increase of 13.5 percent over March of 2015. The Mitsubishi Mirage proved to be the big winner for the month with sales totaling 4,113, the vehicle's best sales month since 2001. Total sales for the year through the first quarter of 2016 are 25,212, up 6.0 percent compared to the same period last year. Mirage's sales momentum comes with great timing as the nameplate expands with the offering of the new G4 sedan this spring. "Mirage is on a roll that we expect to continue," said Don Swearingen, MMNA EVP. "The Mirage hatchback and the new 2017 Mirage G4 sedan will form a formidable one-two punch in the subcompact segment." Mitsubishi's three-row crossover utility vehicle, the Outlander, also posted strong sales numbers for the month with 2,156 units sold, up 33.5 percent over March 2015. March YTD 2016 2015 2016 2015 i‐MiEV 1 10 8 15 Mirage 4113 2488 6232 6056 Lancer 1934 2425 5454 6039 Outlander Sport 2874 3226 7698 7887 Outlander 2156 1615 5820 3793 Total 11078 9764 25212 23790
  21. Mitsubishi seems to be in a pattern of unveiling two models for an auto show. At the LA Auto Show, the Japanese automaker introduced the updated 2017 Mirage and Outlander Sport. For New York, Mitsubishi introduced the 2017 Mirage G4 sedan and Outlander PHEV. We'll begin with the Mirage G4 which takes the Mirage hatchback and adds a trunk. Personally, I think it looks somewhat nicer than the refreshed hatch. Power comes from a 1.2L three-cylinder with 78 horsepower and 74 pound-feet of torque. There is a choice of either a five-speed manual or CVT. Standard on the G4 will be Apple Carplay and Android Auto integration. The Mirage G4 goes on sale this spring. Next is the Outlander PHEV. This model was originally supposed to go on sale back in 2014, but a number of delays have pushed the launch back to this fall. The hybrid system is composed of a 2.0L four-cylinder, an electric motor on each axle, and 12-kWh lithium-ion battery. There are three modes the hybrid system can be in based on driver demands, EV Mode: Runs on electric power only Series Hybrid: Engine acts as a generator for the batteries (think Chevrolet Volt) Parallel Hybrid: Engine and electric motors work together Mitsubishi hasn't revealed power figures or fuel economy figures for the Outlander PHEV. Source: Mitsubishi Press Release is on Page 2 MITSUBISHI UNVEILS ALL-NEW 2017 MIRAGE G4: A SPIRITED SEDAN WITH STYLE, VALUE, AGILITY AND CONNECTIVITY Superior fuel economy and super-low Greenhouse Gas Emissions make the Mirage G4 one of the top environmentally conscious gas-powered sedans in the industry Offers unexpected connectivity in a sub-compact car with Apple CarPlay support and Android Auto Mitsubishi Motors North America, Inc. (MMNA) today unveiled the all-new 2017 Mitsubishi Mirage G4. A sibling to the well-established and popular Mirage hatchback, the all-new Mirage G4 brings consumers a fresh dose of clean style, environmental consciousness, agility, connectivity, affordability and value. The Mirage G4 goes on sale this spring at Mitsubishi showrooms across the country. “A few years ago we entered the subcompact segment with the Mirage hatchback and its popularity with consumers has grown every year with its combination of top fuel economy, attractive pricing and one of the industry's best new car warranties. The new Mirage G4 repeats that value equation in a four-door sedan package,” said MMNA executive vice president, Don Swearingen. “The Mirage hatchback and now the Mirage G4 sedan will form a formidable one-two punch in the subcompact segment.” The Mirage G4 will utilize the same powertrain of the 2017 hatchback, a revised 1.2-liter three-cylinder engine. The small displacement engine provides a harmonious blend of lively acceleration and efficiency. The Mirage G4 will be at the top of its class in combined fuel efficiency and C02 emissions. Inside, the Mirage G4's long wheelbase provides for a spacious interior cabin and trunk. Adding an element of surprise and delight to the subcompact segment, the Mirage G4 will come equipped with available smartphone integrations, features typically reserved for higher priced vehicles. Support for Apple CarPlay™, the smarter, safer way to use your iPhone in the car, lets drivers make calls, get directions optimized for traffic conditions, listen to music, and access messages. Android Auto™ extends the Android™ platform into the car in a way that's purpose-built for driving. Staying true to its value-driven roots, the Mirage G4 is supported by Mitsubishi's phenomenal warranties: fully transferable 5-year/60,000 mile new vehicle limited warranty; 10-year/100,000 mile powertrain limited warranty; 7-year/100,000 mile anti-corrosion perforation limited warranty and a 5-year/unlimited mile roadside assistance. MITSUBISHI OUTLANDER PHEV MAKES U.S. DEBUT AT THE 2016 NEW YORK INTERNATIONAL AUTO SHOW 2017 Mitsubishi Outlander PHEV to go on sale in United States in fall 2016 Already the top-selling PHEV in Europe, Outlander PHEV is the world's first plug-in hybrid SUV Outlander PHEV delivers SUV capabilities and EV fuel economy Mitsubishi Motors North America, Inc. (MMNA) today showed the much-anticipated production model of the all-new 2017 Mitsubishi Outlander Plug-In Hybrid Electric Vehicle (PHEV) at the 2016 New York International Auto Show. The Outlander PHEV is a perfect culmination of Mitsubishi's history of automotive excellence: 50 years of electromobility and decades of four-wheel drive technology honed on the international rally circuit. Featuring a highly efficient 2.0-liter gas engine and two high-performance electric motors, and Mitsubishi's superior Super All-Wheel Control (S-AWC) system, the Mitsubishi Outlander PHEV is a very capable PHEV. The Outlander PHEV will arrive at Mitsubishi showrooms in fall 2016. "What makes the Mitsubishi Outlander PHEV so special is that it offers the best of both worlds with a balance of electric efficiency and long-range practicality," said Don Swearingen, executive vice president, MMNA. "Mitsubishi put its engineering prowess and knowledge to work to create a vehicle that meets the demand of a growing number of consumers who need a car that is capable and environmentally friendly. The Outlander PHEV will offer a high electric range and combined miles per gallon (MPG)." The Outlander PHEV is highlighted by the full-time, twin-electric motor 4WD system that provides quick and optimized torque distribution. The motors are mounted separately at the front and rear axles to deliver precise, responsive 4WD performance with the S-AWC system ensuring excellent driving stability and intuitive, linear handling. The battery that supplies the electricity for the motors is a high-capacity 12kWh lithium-ion battery pack. Three drive modes are available: EV (full electric mode), series hybrid (electric power with generator operation) and parallel hybrid (engine power and electric motor assistance). The PHEV system automatically selects the most efficient drive mode given the road conditions and other factors. The system also features a regenerative braking mode, where electricity is captured under braking. The S-AWC system found on the Outlander PHEV is a specialized application of Lancer Evolution-derived Super All-Wheel Control developed specifically for the Outlander PHEV's unique twin electric motor configuration for maximum performance, efficiency, tractability and safety. Advanced safety and convenience features will be available on Outlander PHEV, including: Multi-Around view Camera Monitor, Forward Collision Mitigation with pedestrian detection capability, Blind Spot Monitoring with Rear Cross Traffic Alert (RCTA), and available smartphone integrations including Apple CarPlay™, the smarter, safer way to use your iPhone in the car, lets drivers make calls, get directions optimized for traffic conditions, listen to music, and access messages. It will also support Android Auto™ extends the Android™ platform into the car in a way that's purpose-built for driving. "As previously stated, Mitsubishi's future is crossover utility vehicles and electrified vehicles. Today we are showing the first piece of that plan," said Swearingen.
  22. Mitsubishi seems to be in a pattern of unveiling two models for an auto show. At the LA Auto Show, the Japanese automaker introduced the updated 2017 Mirage and Outlander Sport. For New York, Mitsubishi introduced the 2017 Mirage G4 sedan and Outlander PHEV. We'll begin with the Mirage G4 which takes the Mirage hatchback and adds a trunk. Personally, I think it looks somewhat nicer than the refreshed hatch. Power comes from a 1.2L three-cylinder with 78 horsepower and 74 pound-feet of torque. There is a choice of either a five-speed manual or CVT. Standard on the G4 will be Apple Carplay and Android Auto integration. The Mirage G4 goes on sale this spring. Next is the Outlander PHEV. This model was originally supposed to go on sale back in 2014, but a number of delays have pushed the launch back to this fall. The hybrid system is composed of a 2.0L four-cylinder, an electric motor on each axle, and 12-kWh lithium-ion battery. There are three modes the hybrid system can be in based on driver demands, EV Mode: Runs on electric power only Series Hybrid: Engine acts as a generator for the batteries (think Chevrolet Volt) Parallel Hybrid: Engine and electric motors work together Mitsubishi hasn't revealed power figures or fuel economy figures for the Outlander PHEV. Album: New York Auto Show: 2017 Mitsubishi Mirage G4 13 images 0 comments Album: New York Auto Show: 2017 Mitsubishi Outlander PHEV 11 images 0 comments Source: Mitsubishi Press Release is on Page 2 Page 1 of 2 1 2 → Last » Click here to view the article
  23. Mitsubishi Motors' Family Of CUVs Leads The Way In January With Sales Up 15.5 Percent Outlander sales continue to be strong in the new year with sales up 53.8 percent Outlander Sport posts strong sales of 2,233 CYPRESS, Calif., Feb. 2, 2016 /PRNewswire/ -- While frigid weather swept across the country in January, Mitsubishi Motors North America, Inc. (MMNA) CUV sales were hot. The Mitsubishi Outlander led the way recording its best January since 2007 with sales of 1,543, an increase of 53.8 percent over January 2015. This marks the 11th consecutive month of year-over-year sales increases for Outlander. Total January 2016 sales for Mitsubishi were 6,264, down 3.5 percent year-over-year.
  24. Mitsubishi Motors Closes 2015 Up Over 22 Percent For The Year Mitsubishi reports December sales of 7,887, an increase of 20.5 percent over last December December 2015 marks the 22nd consecutive month of year-over-year sales increases Outlander Sport posts its best December sales month ever Mitsubishi CUVs lead the charge in December with sales up 37.4 percent over 2014 CYPRESS, Calif., Jan. 5, 2016 /PRNewswire/ -- Mitsubishi Motors North America, Inc. (MMNA) today reported calendar year 2015 total sales of 95,342, up 22.8 percent over 2014 and the best yearly sales since 2008. For the month of December, sales were 7,887, continuing a historic streak of 22 consecutive months of year-over-year sales increases. "2015 was a monumental year for Mitsubishi Motors in many ways: we reported sales increases every month over the prior year, our dealer network has strengthened and we successfully launched the new 2016 Outlander. Most importantly, we're poised to repeat our success in 2016," said Don Swearingen, executive vice president, MMNA. "Mitsubishi's strategy for the U.S. is all about crossover SUVs and the launch of the 2017 Mirage G4. In 2015 both Outlander and Outlander Sport showed strong demand at dealerships and posted total sales of 5,292, up 37.4 percent over the previous year." The Mitsubishi Outlander and Outlander Sport CUVs remained the volume leaders for the brand. Outlander sales were up 76.6 percent over December 2014 with total sales of 1,936. Outlander Sport reports sales of 3,356, which represents a 21.8 percent increase year-over-year. This was Outlander Sport's best December since the CUV went on sale in October 2010. Looking ahead, the redesigned 2016 Mitsubishi Lancer will be in full supply at dealerships in January 2016. In addition, the highly anticipated 2016 Outlander Sport featuring a new design begins production in January and will be at dealerships in the first quarter of 2016. "The support of our dealers, along with a very strong showroom of revamped product offerings will propel us into the new year; Mitsubishi's sales momentum will continue strong through 2016 and beyond," said Swearingen.
  25. 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. Instead, Mitsubishi will introduce a new coupe-styled crossover that will slot in between the Outlander Sport and Outlander in 2017. A redesigned Outlander will arrive in 2018 and a new Outlander Sport will come a year after. Each crossover will come with a gas powertrain and some sort of electrification, whether that be through a plug-in hybrid system or an electric powertrain. In the meantime, Mitsubishi will introduce "big minor changes" to keep their nameplates fresh. This was first shown at the LA Auto Show with the introduction of the 2016 Outlander Sport and 2017 Mirage. Source: Automotive News (Subscription Required)