ArvinMeritor has completed the sale of its 57% stake in the Meritor Suspension Systems Company (MSSC) joint venture to Mitsubishi Steel for close to US$13 million, which included a $12m cash dividend received by ArvinMeritor in the third quarter.
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Expect a clash with the Qashqai and a tug-of-war with the Tiguan! Mitsubishi has entered the crossover battle, as it reveals this official sketch of the production version of its hatchback/SUV ‘cX’.
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Mitsubishi has released a sketch of a new crossover that it plans to unveil at the Geneva auto show next year. The carmaker said European sales of the car will start early summer 2010.
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The rivalry between Mitsubishi and Subaru has just been taken to the next level. Mitsubishi has always favoured sedans while Subaru threw its lot in with hatchbacks. Subaru always retaliated to whatever the competition threw its way, but Mitsubishi was a bit slower to do so. This year, the automaker is falling in step with the others and is now offering an upscale version of the hatchback.
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Japanese firm teases latest compact crossover with official sketch.
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Mitsubishi Motors has posted a first fiscal half operating loss of JPY32.5bn, JPY57.9bn down from a year ago, saying a drop in sales volume and the strong yen overcame cost cuts.
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Mitsubishi Motors Corporation (MMC) said its new compact crossover would be sold first in Japan from February 2010.
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Mazda Motor Corp. posted its first quarterly profit in a year and lifted its full-year guidance to call for a slightly smaller operating loss, citing better sales and currency rates than it had anticipated. Domestic rival Mitsubishi Motors Corp.
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Mitsubishi Motors Corporation (MMC) announces today the forthcoming introduction of its all-new on-road Compact Crossover, to be retailed first in Japan from February 2010 onwards.
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Netherlands prime minister Balkenende and Mitsubishi Motors Corporation (MMC) president Osamu Masuko have agreed on MMC support of the country's electric vehicle (EV) promotion programme.
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Mitsubishi Motor Sales of Canada Inc. (MMSCAN) is pleased to announce a long term agreement with the Centre de formation professionnelle (CFP) Qualitech. Specialised training for Quebec based Mitsubishi technicians will take place in Trois-Rivières, Quebec. The choice of Trois-Rivières takes into account the strategic location of that city, and recognizes the dynamism and flexibility of the Qualitech training centre located there.
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In News Brake: Honda is redoing its future product plans, BMW says no to an M for the 5-series GT, and Mitsubishi is doubling down on several key new models . . . But Wait, There's More!
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Mitsubishi aims to revive its ailing U.S. operations by introducing a new SUV and a small car by 2012 and by reviewing the dealership network to weed out weak players.
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SK Energy, South Korea's biggest oil refiner, will supply lithium-ion batteries to Daimler's Mitsubishi Fuso Truck & Bus unit.
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Mitsubishi Motors Corp., aiming to revitalize its U.S. lineup, will bring a new small crossover called the Outlander Sport to American showrooms in the fall of 2010.
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At the top of every list, there has to be something different. With Mitsubishi, what is at the top depends on where you look. If you are performance oriented (what an understatement!), that would be the Lancer Evo. If you are family oriented and need a bit of extra cargo space that a sedan doesn't have, the top of the pile is the new Lancer Sportback GTS. GTS is the carry over designation form the regular Lancer where just about everything is standard. Sportback comes the same way.
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SENIOR EDITOR FOR NEWS BOB GRITZINGER: There are a few acres of plastic in here, and some of the switchgear feels truly hideous, but once you get past that, this is the kind of vehicle that marks Mitsubishi as something surprising--and in...
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