Mitsubishi

Honda, Nissan add Europe cars to Takata airbag recalls

Dec. 11, 2014 08:55 CET
Honda, Nissan and Mitsubishi will recall more than 500,000 cars globally to replace airbag inflators made by Takata. Honda will recall 100,000 cars in Europe while Nissan's recall includes 49,000 vehicles in Europe....
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Jeep drives 25% of U.S. sales gains

12:01 am U.S. ET | Dec. 8, 2014
Jeep's big year has helped Fiat Chrysler grow at four times the pace of the rest of the industry, gaining momentum as the U.S. market shows signs of starting to plateau....
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OSAMU MASUKO, CEO, MITSUBISHI MOTORS CORP.

Masuko aims to build on Mitsubishi's momentum

12:01 am U.S. ET | Nov. 24, 2014
Osamu Masuko, at the helm of beleaguered Mitsubishi Motors Corp. for nearly a decade, wrapped up a hard-fought restructuring this year. Now, things are looking up. He restructured the company around electrified drivetrains and cars for emerging markets, and he engineered the company's return to a regular shareholder structure that no longer gives outsized influence to Mitsubishi Group companies....
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Mitsubishi promises new products

12:01 am U.S. ET | Nov. 17, 2014
Mitsubishi, amid a remarkable sales rebound in the United States, is targeting its first profit in North America since the global financial crisis. Now CEO Osamu Masuko pledges to build on the company's momentum with a badly needed injection of fresh product....
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Mitsubishi mulls Renault-Nissan based compact for Europe

Nov. 9, 2014 06:01 CET
A new Mitsubishi compact based on a Renault-Nissan platform could be sold in Europe, Mitsubishi CEO Osamu Masuko said. The automaker's current compact for Europe, the Lancer, has been a disappointment....
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Mitsubishi's net rises 8 percent as U.S. sales soar

3:28 pm U.S. ET | Oct. 29, 2014
Mitsubishi Motors said net income rose 8 percent in the latest quarter, aided by results in North America....
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List of 7.8 million vehicles involved in the Takata airbag recalls

6:50 am U.S. ET | Oct. 22, 2014
Owners of the following vehicles are being urged to act immediately on recalls involving potentially defective airbags made by Takata, according to a corrected list distributed late Tuesday by the National Highway Traffic Safety Administration....
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Mitsubishi will add two more plug-in hybrids to European lineup

Oct. 9, 2014 06:01 CET
Mitsubishi will add plug-in hybrid versions of its next ASX compact crossover and Pajero SUV, CEO Osamu Masuko said....
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Mitsubishi maintains profit guidance, uncertain on sales outlook

1:53 pm U.S. ET | Oct. 8, 2014
Mitsubishi Motors expects to meet its full-year guidance for operating profit for the 2014-15 financial year, but is not yet certain it can meet its forecast for sales, a spokesman for the company said on Wednesday....
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Japanese automakers idle domestic plants as typhoon strikes

11:35 am U.S. ET | Oct. 5, 2014
Toyota halted production on Monday morning at 12 plants in central Japan due to a typhoon that hit the region....
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NO LAND, NO STORE?

High-volume dealer sues after Mitsubishi sells SoCal site

12:01 am U.S. ET | Sept. 22, 2014
Abbas Ahmadi's passion for cars like the Mitsubishi Lancer Evolution has made him a star in the automaker's retail network. His four Mitsubishi stores accounted for 3 percent of the automaker's total U.S. sales last year. Yet Ahmadi's relationship with Mitsubishi has been rocky, generating multiple lawsuits, and now he's in a battle to save his Huntington Beach, Calif., dealership....
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Fiat will source a midsize truck from Mitsubishi

Sept. 19, 2014 08:44 CET
Fiat Chrysler will source a pickup for Europe and Latin America from Mitsubishi starting in 2016. The automakers today signed an interim agreement to develop and manufacture a midsize truck based on the next Mitsubishi L200....
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7 Japanese supplier execs indicted in price-fixing scheme

4:09 pm U.S. ET | Sept. 18, 2014
A federal grand jury in Detroit has indicted seven executives from Japanese auto suppliers Mitsubishi Electric and Hitachi Automotive Systems for their alleged roles in a conspiracy to fix auto parts prices, the Justice Department said today....
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Employment slips at Japanese-brand stores

12:01 am U.S. ET | Sept. 1, 2014
Employment at Japanese-brand dealerships in the U.S. slid in 2013, even as manufacturing jobs expanded at Japanese auto companies' U.S. factories, an annual survey found. The number of people directly employed by Japanese-brand franchised new-vehicle dealerships fell 2 percent to 319,568 last year....
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Mitsubishi to tweak design for a unified look

12:01 am U.S. ET | Aug. 25, 2014
Mitsubishi will improve its U.S. lineup with some fresh design touches next year, but few all-new vehicles will be introduced stateside during the next three years....
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POWER PLAYERS

Carmakers, utilities team up so EV batteries can supply electric grid

12:01 am U.S. ET | Aug. 18, 2014
As electric vehicles have gained popularity in some circles, so has the idea of using their batteries to stabilize the electric grid -- and paying the cars' owners for the help....
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Venezuelan auto industry in free fall amid economic woes

11:22 pm U.S. ET | Aug. 9, 2014
VALENCIA, Venezuela (Reuters) -- Though it is the middle of the work day, the Jeep assembly plant in the central Venezuelan city of Valencia is empty, the machinery still.
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Mitsubishi's quarterly profit gains paced by Europe

4:14 pm U.S. ET | July 30, 2014
Europe was Mitsubishi's most profitable region in the fiscal first quarter ended June 30, the company said today....
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Mitsubishi retools flagship Japan plant before hybrid push

12:01 am U.S. ET | July 26, 2014
Mitsubishi is overhauling its flagship assembly plant in Japan to slash production costs and boost capacity as it readies for increased output of plug-in hybrid vehicles. The renovations at Mitsubishi's Okazaki plant in central Japan aim to cut the cost of body assembly 30 percent....
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Mitsubishi to recall some 2004-05 Lancer sedans in U.S. with defective Takata airbags

9:58 am U.S. ET | July 18, 2014
Mitsubishi Motors is recalling cars made with Takata Corp. airbags in Florida, Hawaii, Puerto Rico and the U.S. Virgin Islands. Mitsubishi is one of nine automakers to say it will conduct a recall that includes those areas....
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RICHARD TRUETT

Is the maligned Mitsubishi Mirage a good value?

12:40 pm U.S. ET | July 7, 2014
The Mitsubishi Mirage is one of the strangest cars I have ever driven -- and it's one of the most polarizing new models of 2014...
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Chrysler to sell small cars from Mitsubishi in Mexico

12:01 am U.S. ET | July 7, 2014
Mitsubishi Motors will supply Chrysler with a Thailand-built compact sedan for sale in Mexico starting in November....
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Subaru, Mitsubishi also received potentially defective airbag inflators, Takata says

10:49 am U.S. ET | June 30, 2014
Takata, the Japanese auto safety components supplier, said potentially defective airbag inflators that could explode with too much force, were also shipped to Japanese automakers Subaru and Mitsubishi Motors....
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Chrysler to sell Mitsubishi-supplied small cars in Mexico

10:28 pm U.S. ET | June 30, 2014
Mitsubishi Motors will supply Chrysler with a Thailand-built compact sedan for sale in Mexico starting in November. The car will be based on the Mitsubishi Attrage, the sedan version of the Mirage hatchback sold in the United States. Mitsubishi will supply Chrysler over a five-year period....
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Mitsubishi to supply cars for Chrysler in Asia

12:01 am U.S. ET | June 30, 2014
Mitsubishi Motors Corp. will supply its Attrage sedans to Fiat Chrysler Automobiles for sale in Asia this year, Japan's Nikkei business daily reported....
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Canadian dealer buries a Jeep, hires an ambassador and puts on the Ritz

Canadian dealer buries a Jeep, hires an ambassador and puts on the Ritz

At Bay King Chrysler, Dodge, Jeep, Ram in Hamilton, Ontario, dealer Jamie Richter has put luxury-hotel touches in his new showroom. They include concierges who see to the needs of service customers. Mon., December 15
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