Ghosn pledges Mitsubishi Motors' return to profitability as chairman

Dec 14, 2016

Ghosn pledges Mitsubishi Motors' return to profitability as chairman

Nissan Motor Co.’s top executive Carlos Ghosn pledged Wednesday to rebuild trust in Mitsubishi Motors Corp. and return the loss-making carmaker to profitability, as he was approved by shareholders as the new chairman of the scandal-tainted automaker. “I pledge to protect shareholder interests and ...

Ghosn to become chairman of Mitsubishi Motors

Oct 20, 2016

Ghosn to become chairman of Mitsubishi Motors

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Nissan Motor Co. CEO Carlos Ghosn announced Thursday he will become chairman of Mitsubishi Motors Corp., vowing to help reform the struggling automaker. The news adds yet another leadership title to Ghosn’s resume alongside posts at Nissan and its major stakeholder Renault of France. ...

Sep 16, 2016

Transport ministry stiffens penalties for mileage manipulation

The transport ministry on Friday introduced new penalties for automakers who manipulate mileage data, including production suspensions, as the deceptions issued by Mitsubishi Motors Corp. and Suzuki Motor Corp. continue to mar the reputation of the Japanese auto industry. The new measures, which include ...

Mitsubishi Motors reveals XM Concept crossover SUV in Indonesia

Aug 12, 2016

Mitsubishi Motors reveals XM Concept crossover SUV in Indonesia

Mitsubishi Motors Corp. on Thursday revealed its new XM Concept crossover at the Gaikindo Indonesia International Auto Show. The XM Concept denotes X for crossover and M for multipurpose vehicle (MPV). Mitsubishi considers the vehicle a combination of the power, design and utility of ...