Mitsubishi

Mitsubishi plans to cut i-MiEV price by 20%

9:44 pm U.S. ET | Dec. 3, 2013
Following big price cuts by other automakers to stoke demand for electric cars, Mitsubishi said it will reduce the sticker price of its slow-selling i-MiEV electric car by 20 percent for its upcoming model year.... Read More »

 

THE DEALER SPEAKS: DOUG MORELAND

Message to Chrysler: Let dealers handle local marketing

12:01 am U.S. ET | Dec. 2, 2013
The very first car Doug Moreland sold was a Chevrolet Corvair in Reno, Nev., in 1969. It had belonged to the woman who would one day be his wife.... Read More »

 

TOKYO AUTO SHOW

They're back: Japan automakers target U.S. sales records

12:01 am U.S. ET | Nov. 25, 2013
After five trying years, the Japanese are looking like a juggernaut again in the United States. All but Mitsubishi are predicting record U.S. sales -- if not this year or next, then within two years. And the optimism appears well-founded.... Read More »

 

Mitsubishi plans plug-in hybrid version of crossover

12:01 am U.S. ET | Nov. 25, 2013
Mitsubishi Motors Corp.'s XR-PHEV plug-in hybrid concept is a preview of the next-generation Outlander Sport compact crossover, President Osamu Masuko said last week at the Tokyo Motor Show.... Read More »

 

Mitsubishi boss says U.S. losses may end this year

6:47 am U.S. ET | Nov. 22, 2013
Mitsubishi's money-losing North American operations may reach breakeven this year for the first time since 2007, President Osamu Masuko said. Overseas demand for Illinois-built vehicles is helping pave the way.... Read More »

 

2013 TOKYO AUTO SHOW

Mitsubishi sees Europe as big market for plug-in hybrid compact SUV

Nov. 22, 2013 06:01 CET
Mitsubishi expects a plug-in hybrid version of the successor to the ASX compact SUV to sell more than gasoline and diesel variants in Europe. The XR-PHEV concept at the Tokyo auto show previewed the next ASX.... Read More »

 

2013 TOKYO MOTOR SHOW

Sleek Mitsubishi XR-PHEV Concept previews next Outlander Sport

10:10 am U.S. ET | Nov. 20, 2013
Mitsubishi's edgy, heavily creased XR-PHEV plug-in hybrid concept is a preview of the next-generation Outlander Sport compact crossover, President Osamu Masuko said today.... Read More »

 

Mitsubishi to push SUVs, electrified vehicles

12:01 am U.S. ET | Nov. 11, 2013
Mitsubishi Motors Corp. has reshuffled its priorities in a bid to boost sales in North America. A new three-year business plan builds on the brand's traditional strength in SUVs, while extending the focus to crossovers and electrified vehicles. But Mitsubishi will largely tap other automakers for sedans.... Read More »

 

TOKYO MOTOR SHOW PREVIEW

Japanese brands to embrace the small, the sporty and the futuristic

12:01 am U.S. ET | Nov. 10, 2013
Japan's automakers will go futuristic and local at this year's Tokyo Motor Show, combining the far-out concept cars the show has been famous for alongside the Japan-only 660cc minicars -- some of which are delightfully sporty -- that represent a third of the home market.... Read More »

 

Frothy subprime borrowing drives U.S. sales, raises alarms

1:27 pm U.S. ET | Nov. 8, 2013
As the fifth anniversary of the Federal Reserve's policy of keeping interest rates near zero approaches, the market for subprime borrowing is once again becoming frothy, this time in the car industry. As with mortgages in 2006 and 2007, the central bank's stimulus is making it easier for U.S. consumers with spotty credit to buy cars as yield-starved investors purchase riskier bonds linked to auto loans.... Read More »

 

PSA-Mitsubishi cooperation unaffected by Renault tie-up

Nov. 7, 2013 10:58 CET
PSA said its industrial cooperation with Mitsubishi will be unaffected by the Japanese automaker's new tie-up with French rival Renault.... Read More »

 

Mitsubishi counts on SUVs, EVs for sales rebound

Nov. 6, 2013 07:29 CET
Mitsubishi will focus on SUVs, EVs and emerging markets under a new business plan that aims to boost global sales by 29 percent. In its European markets, Mitsubishi aims to lift vehicle sales by a third to 160,000.... Read More »

 

Mitsubishi to sell Renault-based mid-sized car in U.S.

3:05 am U.S. ET | Nov. 5, 2013
Mitsubishi will sell a Renault-based mid-sized car in the United States under a new strategic tie-up between Mitsubishi and Renault-Nissan. The companies also plan to jointly develop a small electric car and a compact car for global markets.... Read More »

 

Renault-Nissan expand Mitsubishi tie-up to building new sedans and an EV

Nov. 5, 2013 09:05 CET
Mitsubishi will sell a Renault-based mid-sized sedan in the U.S. under a new strategic tie-up between Mitsubishi and Renault-Nissan. The companies will also jointly develop a small electric car and a compact car for global markets.... Read More »

 

Rebounding Mitsubishi lifts U.S. sales target

12:01 am U.S. ET | Nov. 4, 2013
Mitsubishi Motors Corp., bolstered by rising profits and a weaker yen, predicts its U.S. sales will climb 23 percent in the current fiscal year as its global recovery strengthens.... Read More »

 

Mitsubishi focuses on utilities, hybrids at Tokyo show

11:32 am U.S. ET | Nov. 1, 2013
Mitsubishi Motors will unveil concepts that play to its strengths at the Tokyo Motor Show this month: utility vehicles and electrified drivetrains.... Read More »

 

Mitsubishi posts gains in quarterly, first-half profits

12:20 pm U.S. ET | Oct. 29, 2013
Mitsubishi Motors today said that its net income jumped 56 percent in the fiscal first half ended Sept. 30 to 46.73 billion yen ($475.8 million), as revenue rose 8 percent to $9.46 billion.... Read More »

 

High hopes that Thai-built Mirage will cut it in U.S.

12:01 am U.S. ET | Oct. 14, 2013
Mitsubishi executives are adamant Americans won't care that the Mirage is made in Thailand.... Read More »

 

First U.S.-bound vehicle exports highlight Thailand's growth as production site

12:01 am U.S. ET | Oct. 14, 2013
Mitsubishi Motors Corp.'s newest factory may be a little rough around the edges. But it is doing something never done before. It just started exporting vehicles from this hot, humid, sometimes chaotic Southeast Asian emerging market to the United States. It may be followed by other rivals, as automakers pump up production capacity here and Thai leaders seek to emulate Japan's export-based growth model of past decades.... Read More »

 

THAILAND'S TURN?

Why sea captains prefer piloting car carriers

12:01 am U.S. ET | Oct. 13, 2013
Every day, Captain Sharif Ahmed Zahedi peers from the bridge of the massive 12-deck, 57,455-ton Cassiopeia Leader and counts his blessings he's shipping cars. The secret to worry-free sailing in era of marauding pirates, says Zahedi: The gargantuan vehicle transport is too tough for would-be raiders to tackle.... Read More »

 

U.S. has become a backwater for Mitsubishi

12:01 am U.S. ET | Sept. 29, 2013
Mitsubishi's U.S. dealers desperate for compelling new product will instead be getting the Mirage.... Read More »

 

2014 Mirage: No thrills but a few frills

12:01 am U.S. ET | Sept. 27, 2013
Mitsubishi says its new Mirage small car will fill a niche in the United States auto market for consumers looking for basic, efficient transportation at an affordable price. It's not promising much more than that.... Read More »

 

Mitsubishi Motors considering $2 billion share sale, report says

12:26 pm U.S. ET | Sept. 12, 2013
Mitsubishi Motors is nearing a decision to raise as much as 200 billion yen ($2 billion) via a public offering of new shares as it seeks to reduce preferred stock held by other Mitsubishi companies, two people with direct knowledge of the plan told Bloomberg today. The shares fell.... Read More »

 

2013 FRANKFURT AUTO SHOW

Smart previews new four-seat model with FourJoy concept

4:19 am U.S. ET | Sept. 6, 2013
Smart says its FourJoy concept previews its new four-seat model that will go on sale in 2014.... Read More »

 

2013 FRANKFURT AUTO SHOW

Smart previews new four-seat model with FourJoy concept

Sept. 6, 2013 10:19 CET
Smart says its FourJoy concept previews its new four-seat model that will go on sale in 2014.... Read More »

 

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