Mitsubishi Motors Corporation
Automotive industry company news
Already produced in two Thai plants and from next year, in Indonesia as well, the Pajero Sport is becoming an increasingly important model f...
In the UK, Mitsubishi is effectively an SUV specialist, best known for the Shogun SUV, and more recently, for the highly successful Outlande...
Ever had a conversation like this with a car?
The plug-in hybrid version of the Outlander has been a strong seller for Mitsubishi Motors in the UK and many other European markets. Now comes a dramatic mid-life facelift plus a raft of refinements and even better taxation numbers.
In the second and final part of this month's management briefing, we take a look at the stand out concepts, production cars and trends seen at the 2015 Frankfurt IAA motor show.
The 2015 Gaikindo Indonesia International Auto Show got underway yesterday at the shiny new Indonesian Convention and Exhibition centre in BSD, a new commercial centre some 30km west of central Jakarta. Tony Pugliese was there.
Calum MacRae talked to JATCO's Yuko Fujita. JATCO holds 49% of the world CVT market. JATCO, 75% held by Nissan Motor Company, was exhibiting at the Paris Motor Show for the first time.
PCMA-Rus is a joint venture between PSA Peugeot Citroen (70%) and Mitsubishi Motors (30%) in the Kaluga region of Russia, some 100 miles south west of the capital. PCMA-Rus general manager, Jean-Christophe Marchal, spoke to Simon Warburton at this week's Russian Automotive Forum in Moscow.
Mitsubishi Motors Corporation (MMC) on Wednesday forecast a JPY145bn net loss for fiscal 2016 (to 31 March 2017) as a result of expected costs due to its wrongly stating fuel economy figures for a number of minicar car models sold in Japan. It had previously forecast a JPY726.6bn net profit.
Mitsubishi Motors Philippines Corporation's (MMPC) Comprehensive Automotive Resurgence Strategy Programme, also known as CARS, has broken ground to inject more than Php2bn (US$43m) to construct a stamping shop facility in the country.
Toyota will spend PHP3.22bn pesos (US$70m) on its Philippines division to increase local production and qualify for a new tax incentive, according to a government statement cited by the Reuters news agency. Meanwhile, Mitsubishi has received the government green light for its plans for the country.
Mitsubishi Motors has booked a JPY19.1bn ($174m) charge to reflect losses related to its fuel economy testing scandal which reduced profit last fiscal year by 19% and prompted a shake-up in top management, a media report said.
Nissan Motor, which plans to spend $2.2 billion on a one-third controlling stake in Mitsubishi Motors, aims to place its former global technical chief in charge of reform at its smaller rival, which is mired in a fuel economy data scandal, a media report said.
Nissan Motor and Mitsubishi Motors Corporation, (MMC) announced they have signed a basic agreement today to form a far-reaching strategic alliance between the two Japanese automakers.
Mitsubishi Motors Corporation (MMC) has detailed how it falsified fuel economy tests to Japan's Ministry of Land, Infrastructure, Transport and Tourism (MLIT) as requested.
Mitsubishi Motors (MMC) has seen sales of new minicar vehicles plunge by 44.9% year-on-year during the month of April, following its admission to falsifying fuel economy data for mini-vehicles sold in Japan.
Mitsubishi Motors Corporation has revealed that orders for its vehicles in Japan have plunged following its admission that it has committed fuel-economy testing fraud in Japan.
Mitsubishi Motors North America (MMNA) last night (29 April) said vehicles sold in the United States were not impacted by the fuel consumption testing data irregularities the automaker has admitted to over the past two weeks.
Shares in Mitsubishi Motors Corporation (MMC) fell 15% today after the automaker admitted to falsifying fuel economy tests affecting about 625,000 mini-cars it built for its own brand and, on an OEM basis, for Nissan Motor (NM).
Australians bought 96,443 new passenger cars, SUVs and commercial vehicles in February 2016, just over 6,000 (or 6.7% more) than in February 2015. The strong start to the year has seen new car sales increase 4.8% year-to-date.
An expected slowdown in new vehicle registrations did not materialise in New Zealand which saw a record 10,313 February new vehicle registrations last month, up 4.4% year on year.
Mitsubishi Motors Corporation (MMC) has announced it would participate in the CARS Program (Comprehensive Automotive Resurgence Strategy Program) in the Philippines.
Mitsubishi Motors Corporation booked sales of JPY1,622bn for the first nine months of fiscal 2015 (April 1 through December 31, 2015), a 5% or 73.4bn yen increase over the same period last fiscal year. Operating income rose 1% to JPY102bn.
New vehicle sales in Taiwan rose slightly in December, by 0.1% to 41,821 units, according to data released by the Ministry of Transportation and Communications.
Like neighbouring New Zealand, Australia saw a new car sales record in 2015 with 1,155,408 new passenger cars, SUVs and commercial vehicles sold. Volume rose 3% year on year in December to 99,616.
Mitsubishi Motors has confirmed a report in Japan's Nikkei business newspaper which said the automaker was unable to find a buyer for its US factory in Normal, Illinois, and take on its workers.
Mitsubishi Motors Europe has passed the 50,000 deliveries milestone with its Outlander plug-in hybrid EV SUV two years after the first sale to a Dutch customer in October 2013.
By sweeping in plug-in hybrids (PHEVs), China's BYD claims to be the world's top seller of 'EVs' to the end of October, and for six consecutive months.
Mitsubishi Motors Philippines unit plans to increase local assembly by 17% next year because it expects strong demand during an election season.
New vehicle sales in Japan continued to fall in September, by 7.6% to 479,375 units from 518,772 units in the same month of last year, according to data released by the Japan Automobile Manufacturers Association (JAMA).
It's perhaps no huge surprise security is taken so seriously at this year's Saint Petersburg International Economic Forum, but the sheer scale of the precautions is overwhelming.
Mitsubishi Motors Europe is pretty excited about the imminent launch - in its home base of the Netherlands - of the claimed segment exclusive Outlander PHEV.
Mitsubishi Motors Corporation – Mergers & Acquisitions (M&A)
MarketLine's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organi...
Mitsubishi Motors Corporation (7211) - Financial and Strateg
Mitsubishi Motors Corporation (Mitsubishi) is an automobiles manufacturing company that develops, designs, manufactures, assembles and markets general and small-sized passenger vehicles, mini-vehicles...
Mitsubishi Motors Corporation (Japan)
This report presents quick facts about Mitsubishi Motors Corporation, which is principally involved in the Manufacture and Distribution of Automobiles and related Financial Services....
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