Mitsubishi Motors Corporation
Automotive industry company news
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.
Toyota's GB's 50th birthday announcement it would launch the Mirai this September attracted a lot of interest on just-auto this week, as well it might.
Minnow Mitsubishi Motors UK (MMUK) is only a bit player in the 2.5m unit UK new car and 321,000 commercial vehicle market but has long punched above its weight in one tonne pickup trucks. And it's making some pretty bold claims for its fully redesigned L200 line.
As automakers search for weight reduction in all parts of the vehicle, Matthew Beecham spoke to Mark Findlay, managing director at UK engineering consultancy, Drive System Design (DSD) about how weight savings might be made in the transmission and driveline.
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 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).
Mitsubishi Fuso Truck and Bus has appointed Al Habtoor Motors as an additional distribution partner in Saudi Arabia. This multi-distributor approach is a well-established practice in highly competitive markets like the GCC region, and will help the Fuso brand to expand its customer base and market share in the Middle East.
Sales of new motor vehicles in Australia in September continued the 2015 trend with growth up 6.8% year on year to 101,392 units. Year to date volume rose 3.6% to 862,832.
New vehicle sales in Thailand fell by 12.1% to 60,863 units in July, compared with 69,267 units in the same month of last year, according to data released by the Federation of Thai Industries.
Australians continued their love affair with the versatile SUV last month with 13.4% more sold than in July 2014.
Despite some rises in unit sales in key export markets, Mitsubishi Motors Corporation (MMC) posted falls in overall sales and profits in its first fiscal quarter to 30 June, 2015.
Despite a 14.2% year on year rise in sales to JPY806,007m, Mazda Motor Corporation (MMC) booked a 5.4% rise in fiscal first quarter operating income to JPY53.3m and net income off 24.8% to JPY36.8m.
As news reports in Japan suggested at the end of last week, Mitsubishi Motors Corporation (MMC) has decided to pull the plug on production at its US plant in Normal Illinois.
Mitsubishi Motors reportedly plans to end car production in the US.
GKN Driveline has opened its new AWD manufacturing facility in Thailand.
June was another good month for the auto industry as US light vehicle sales continued to grow.
Mitsubishi Motors will roll out a newly-developed integrated smartphone infotainment system in coming months.
Trials of Daimler's Fuso battery electric, zero emission trucks have been completed in a research project co-funded by the Portuguese government through IAPMEI, the Public Agency for Competitiveness and Innovation.
Mitsubishi Motors North America is recalling 459,618 Mitsubishi, Chrysler and Dodge brand vehicles made up to 16 years ago due to a potential airbag/sun visor clash in an accident.
GAZ Group's supply division is welcoming the rouble depreciation as a genuine business opportunity but noted it had to submit its tender to manufacture for its parent in just the same way as any other competitor.
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.
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