Mitsubishi Motors Corp. opened an assembly plant Tuesday in Indonesia capable of producing 160,000 vehicles a year, as it strives to almost double its share of Southeast Asia's largest car market to 10 percent within three years. Some of the vehicles produced at the factory ...
The nation's carmakers in February logged their largest domestic output in nearly three years, it was learned Wednesday. According to data from the automakers, the combined domestic output by eight major makers rose 12.5 percent from a year earlier to 810,994 vehicles in the reporting ...
Following cases of false reporting by domestic automakers, the government Friday signed off on a bill to toughen the punishment for fuel-data falsification by automakers, including a drastic increase in fines. The bill, which the government hopes to see passed during the ongoing Diet session, ...
The CEO who revived an ailing Nissan showed an insular, change-averse Japan Inc. that there is another way.
Mitsubishi Motors Corp. said Friday that it will recall or embark on improvement steps for 608,183 minivehicles spanning four models in Japan plagued by engine defects and other problems. The vehicles, including the eK Wagon and eK Space, were manufactured between April 2013 and April ...
The Consumer Affairs Agency has ordered Mitsubishi Motors Corp. to pay a fine of around ¥485 million ($4.2 million) for making false claims in sales literature about the fuel efficiency of its cars, it was announced Friday. The order was the first of its kind ...
Mitsubishi Motors Corp. is likely to be fined about ¥480 million ($4.2 million) for making false claims in sales literature about the fuel efficiency of its cars, a government source has said. The Consumer Affairs Agency plans to announce, possibly Friday, the fine — the ...
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 the ...
Mitsubishi Motors Corp. on Friday reported its first quarterly operating loss in nearly six years as the automaker struggles to recover from a slump in domestic sales after admitting to overstating the mileage of its vehicles. Japan's sixth-largest car maker by sales posted a ¥36.2 ...
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. He ...
Mitsubishi Motors Corp. plans to sell part of its equity stake in the subsidiary that operates the Urawa Red Diamonds, a professional soccer team better known as the Urawa Reds, informed sources said Monday. The automaker is considering lowering its stake in the Urawa Reds ...
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 surprise ...
