Mitsubishi

DAVE GUILFORD

BLOG: A new Normal? Don't bet on it

12:54 pm U.S. ET | July 31, 2015

Given Mitsubishi’s low U.S. output, it was not totally surprising to hear the Japanese automaker will end U.S. production. More surprising was hearing company officials say that they have several prospects to buy the plant in Normal, Ill.... Read More »

Mitsubishi Motors' April-June net falls 15%

1:51 pm U.S. ET | July 30, 2015

Mitsubishi Motors today said its fiscal first-quarter net income fell 15 percent to 23.99 billion yen, or $195.56 million, brought down by widening losses in Japan, poor performance in Europe and a drop in global factory unit sales.... Read More »

Mitsubishi will focus production on Japan, Russia, S.E. Asia after closing U.S. plant

July 27, 2015 08:42 CET

Mitsubishi will focus production on Japan, Russia and Southeast Asia after closing its U.S. plant, the automaker's president, Tetsuro Aikawa, said. Mitsubishi currently builds cars in Thailand and the Philippines and will open a factory in Indonesia.... Read More »

Mitsubishi throws in towel on fading era

12:01 am U.S. ET | July 27, 2015

Mitsubishi Motors Corp.'s decision last week to sell its only U.S. assembly plant illustrates an emerging new-world order in car production. Mitsubishi's Normal, Ill., plant was part of a wave of Asian-brand joint-venture auto plants in North America that opened in the 1980s and 1990s to do whatever was necessary to crack the all-important U.S. retail market.... Read More »

Mitsubishi to end U.S. vehicle output, shutter factory by Nov. if there's no buyer

12:49 pm U.S. ET | July 24, 2015

Mitsubishi will shutter its only North American assembly plant by November if it can’t find a buyer for the factory, and will soon start shipping tooling back to Japan.... Read More »

Mitsubishi to end U.S. vehicle output, report says

4:32 pm U.S. ET | July 23, 2015

Mitsubishi plans to quit building light vehicles in the U.S., according to Japan's Nikkei news service, which called the move part of a strategic shift to the growing Asian market. Mitsubishi declined to comment.... Read More »

Mitsubishi teases Montero Sport

12:01 am U.S. ET | July 13, 2015

Mitsubishi last week offered a glimpse at the next product in its SUV offensive: a third-generation Montero Sport.... Read More »

With '16 Mitsubishi Outlander, flair is free

12:01 am U.S. ET | June 15, 2015

Bang for the buck is key for the 2016 Outlander, so Mitsubishi made glitzy styling standard on every trim level, not just the most expensive ones.... Read More »

Big May sales cut June stocks

12:01 am U.S. ET | June 15, 2015

Nothing like the best May sales in U.S. history to cut inventory down to size. The 3,524,400 unsold light vehicles in inventory on June 1 were down 110,000 from a month earlier, and the lowest count since Oct. 1.... Read More »

Despite Russian woes, Mitsubishi limits fleet sales

12:01 am U.S. ET | June 13, 2015

Russia's economic crisis is hurting Mitsubishi's U.S. factory, which relies on exports of the Outlander Sport, but Mitsubishi is refusing to use fleet sales as a solution.... Read More »

With '16 Mitsubishi Outlander, flair is free

8:00 am U.S. ET | June 10, 2015

Redesigned two years ago, the Mitsubishi Outlander was a nondescript dud in the marketplace. So the Japanese automaker gave its slow-selling crossover a clean-sheet exterior design with a striking blacked-out grille, standard alloy wheels and chrome accents galore, plus a new transmission and retuned suspension.... Read More »

Fiat Chrysler, Mitsubishi working on final details of pickup alliance

June 10, 2015 06:01 CET

Fiat Chrysler and Mitsubishi are working out the last details of supply contract in which the Japanese automaker will provide the Fiat brand with a version of the L200 midsize pickup. Fiat plans to sell the pickup in Europe and Latin America.... Read More »

NICK GIBBS

BLOG: Mitsubishi should focus on SUVs to boost Europe sales

12:01 am U.S. ET | June 4, 2015

Mitsubishi should become an SUV-only brand in Europe positioned below Land Rover to boost its profitability and sales volume, the brand's UK boss believes.... Read More »

Mitsubishi joins move to Apple-Android connectivity

6:50 am U.S. ET | June 2, 2015

Mitsubishi is the latest carmaker joining the Apple-Android car connectivity push, with plans to introduce the systems this summer in the Pajero SUV for Europe before eventually bringing the technology to other markets and nameplates.... Read More »

Fighting off brands with off brands

12:01 am U.S. ET | June 1, 2015

Mitsubishi, tired of seeing owners skip dealerships for independent repair shops that use generic parts, fought back with a white label of its own.... Read More »

Mazda, Mitsubishi and Subaru add more cars to Takata airbag recall

May 22, 2015 11:04 CET

Mazda, Mitsubishi and Subaru maker Fuji Heavy Industries said they would recall about 715,000 more cars equipped with airbag inflators made by parts supplier Takata.... Read More »

Hispanic buyers help lift Mitsubishi store from the brink of bankruptcy

12:01 am U.S. ET | May 18, 2015

Mission Mitsubishi of San Antonio was selling barely 30 vehicles a month and on the verge of bankruptcy in 2011. Then its new owners embraced Hispanic marketing.... Read More »

Mitsubishi mulls EV crossover as Evo heir

12:01 am U.S. ET | May 11, 2015

Mitsubishi is about to discontinue the Lancer Evolution, yet the Evo name may survive in the form of a speedy plug-in crossover.... Read More »

Ally deal enables Mitsubishi to cut costs for capital, infrastructure

11:17 am U.S. ET | April 29, 2015

For years, Mitsubishi used an in-house finance arm to underwrite loans to dealers and customers as other small automakers relied on international banking giants to keep the capital flowing. This week, by selling its captive lending arm to Ally Financial and naming Ally as its preferred U.S. lender, Mitsubishi shed the hefty costs of banking to focus on its core business: making and selling cars.... Read More »

GM cuts Venezuela workforce by 13%; Ford halts output

6:15 pm U.S. ET | April 28, 2015

The Venezuelan division of GM has laid off 13 percent of its workforce and Ford's local plant has halted operations as a shortage of hard currency has left the companies unable to acquire parts, a union leader said on Tuesday.... Read More »

Ally to take over Mitsubishi's U.S. lending arm

1:26 pm U.S. ET | April 27, 2015

Mitsubishi, one of the smallest car companies with a captive finance arm in the United States, is selling its book of business to Ally Financial, the former lending division of General Motors.... Read More »

Mitsubishi posts first annual N.A. profit in seven years

7:47 am U.S. ET | April 24, 2015

Mitsubishi booked double-digit profit increases in the latest quarter to propel the carmaker to record annual earnings and its first North America profit in seven years.... Read More »

Ex-rival revamps Mitsubishi design

12:01 am U.S. ET | April 20, 2015

In his 40 years at Nissan, designer Tsunehiro Kunimoto had a knack for reinventing the brand's image through design. Now he aims to replicate that formula at Japanese rival Mitsubishi, which poached him last year to invigorate the brand's stale looks and lackluster reputation.... Read More »

Judge backs Mitsubishi in franchise lawsuit

12:01 am U.S. ET | April 20, 2015

Mitsubishi has prevailed in a long-running legal dispute with one of its largest dealers. But, an attorney for the dealer says the fight will continue as a new lawsuit is in the works.... Read More »

Mitsubishi reopens wallet for '16 Outlander

12:01 am U.S. ET | April 6, 2015

The 2016 Mitsubishi Outlander, with its black-and-chrome “Dynamic Shield” grille and other refinerments, sends a message that Mitsubishi is investing again.... Read More »

Automotive News Cover
News by Brand