Mitsubishi

PSA, Mitsubishi cuts jobs in Russia, halt output again

March 27, 2015 11:06 CET

PSA and Mitsubishi will halt production at their joint venture plant in Russia for the second time this year and cut 100 jobs....
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2015 NEW YORK AUTO SHOW

Mitsubishi to show new design language with 2016 Outlander

11:19 am U.S. ET | March 23, 2015

Mitsubishi Motors North America will unveil the 2016 Outlander at the New York International Auto Show next week as a part of its freshened design lineup....
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Mitsubishi profit keys: Trucks, crossovers, EVs

12:01 am U.S. ET | March 9, 2015

Mitsubishi Motors Corp. has rebounded from financial trouble to profitability. The secret, says President Tetsuro Aikawa, is a focus on a few profitable segments: light trucks, crossovers and electric vehicles. Sedans and performance cars, not so much....
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Hyundai-Kia ride Sonata, Genesis to 7% gain

4:00 pm U.S. ET | March 3, 2015

Korean siblings Hyundai and Kia, which combined are the seventh-largest seller of cars in the U.S., posted a 7 percent sales increase in February, giving the group a better result than any top-six automaker except Toyota....
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PSA, Mitsubishi will halt production in Russia

Feb. 20, 2015 09:09 CET

PSA/Peugeot-Citroen and Mitsubishi will close their joint venture plant in Russia for two weeks as the country's worsening economic situation hits vehicle sales....
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Mitsubishi in talks with Nissan for small sedan

12:01 am U.S. ET | Feb. 9, 2015

After dropping Renault SA as a possible partner for small- and midsize sedans, Mitsubishi Motors Corp. has entered talks with Nissan Motor Corp. as an alternative source for a badly needed midsize vehicle....
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Mitsubishi said to be in talks with Nissan for midsize sedan

10:07 am U.S. ET | Feb. 6, 2015

After dumping Renault as a possible partner for small- and midsize sedans, Mitsubishi has entered talks with Nissan as an alternative source for a badly needed midsize vehicle. A deal would help beleaguered Mitsubishi plug a hole in a sparse lineup that is hurt by an aging compact Lancer sedan and the discontinuation of the larger midsize Galant....
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VINCE BOND JR.

BLOG: No big bucks for a Super Bowl ad? No problem

6:00 pm U.S. ET | Feb. 6, 2015

Mitsubishi, along with Volvo, didn't run ads during the Super Bowl's primary NBC broadcast. The small brands, lacking the deep ad budgets of their larger counterparts, relied heavily on social media to piggyback on Super Bowl hype....
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Mitsubishi posts N.A. gains while Japan, Europe struggle

6:32 am U.S. ET | Feb. 3, 2015

Mitsubishi's nascent North America recovery gathered pace in the latest quarter with regional operating profit tripling on the back of expanding sales. But falling sales in Japan and tumbling profits in Europe, where the weakening Russia ruble undercut earnings, sapped overall results...
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Planned Mitsubishi sedan falls victim to currency woes

7:48 am U.S. ET | Feb. 2, 2015

Punishing foreign exchange rates have torpedoed plans to add a Korea-built midsize sedan to Mitsubishi's U.S. lineup. Dealers had been banking on the sedan, sourced from a Renault-Nissan assembly plant in Busan, South Korea, since the plan was disclosed in November 2013....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Check out the ANE e-magazine for February

Feb. 2, 2015 06:01 CET

The latest issue of the Automotive News Europe monthly e-magazine is ready for you to view. This month's edition looks at Europe's big 2014 sales winners and explains why 2015 is off to a positive start....
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MAKE MEETINGS

Mitsubishi promises U.S. marketing support

12:01 am U.S. ET | Feb. 2, 2015

Mitsubishi pledges full marketing support for the stream of new models scheduled to begin coming to showrooms this summer. The automaker told dealers last week at their make meeting during the NADA convention that marketing activity will begin stirring in April at the New York auto show....
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2015 GENEVA AUTO SHOW

Mitsubishi concept teases next ASX, bolder design

Jan. 30, 2015 06:01 CET

Mitsubishi will use the Geneva auto show to reveal a plug-in hybrid concept that previews the next ASX compact crossover and showcases the brand's bolder design language....
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Mitsubishi Galant

Mitsubishi, Renault-Nissan midsize sedan project stalls

12:01 am U.S. ET | Jan. 25, 2015

A plan for the Renault-Nissan Alliance to supply Mitsubishi dealers with a midsize sedan has stalled, according to a senior U.S. Mitsubishi executive. The high-level joint venture between the alliance and Mitsubishi Motors was announced in late 2013, and has been a bright hope for Mitsubishi's U.S. dealers who are hungry for new product....
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RYAN GREMORE, MITSUBISHI NATIONAL ADVISORY BOARD

Dealers: 'Product, product, product, we want product'

2:00 pm U.S. ET | Jan. 24, 2015

If anyone understands that it's darkest before the dawn, it's Mitsubishi dealers. After a harsh few years in which onlookers openly debated Mitsubishi's odds of survival in the U.S., the brand's dealers saw a crack of daylight in 2014, when Mitsubishi posted the strongest U.S. sales growth of any mass-market brand but Jeep and Ram....
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DEALER COUNCIL LEADERS

Mitsubishi dealers await Mirage sedan, Outlander plug-in

12:01 am U.S. ET | Jan. 19, 2015

The tiny Mirage hatchback helped Mitsubishi Motors Corp. to a 25 percent U.S. sales increase 2014. Now dealers await further help in the form of a sedan version of the Thailand-built Mirage, as well as a plug-in hybrid version of the Outlander compact crossover, says Ryan Gremore, an Illinois dealer and 2015 chairman of the Mitsubishi National Advisory Board....
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MITSUBISHI

A Mirage-based turnaround

12:01 am U.S. ET | Jan. 5, 2015

After years of cost-cutting, Mitsubishi expects to return to profitability in North America in 2015....
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FCA recalls 66,819 older pickups for clutch problem after 1 fatality reported

12:10 pm U.S. ET | Dec. 29, 2014

FCA US, the former Chrysler Group, is recalling almost 67,000 older-model pickups equipped with manual transmissions globally for possible clutch problems that have been linked to one death....
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Hot-selling trucks mean holiday overtime for some N.A. plants

2:30 pm U.S. ET | Dec. 22, 2014

Several automakers, led by Chrysler, will be working overtime during the Christmas and New Year's holiday period at North American plants that build SUVs, crossovers and pickups, signaling confidence that the U.S. light-truck market will remain hot heading into 2015....
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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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