Tag - mitsubishi-motors

 
 

MITSUBISHI MOTORS

Mitsubishi Motors will sell the newest iteration of the Triton pickup truck in Japan starting Feb. 15.
BUSINESS / Companies
Jan 21, 2024
Japan automakers tap foreign models to drive sales of outdoorsy cars
The popularity of SUVs and pickup trucks has been on the rise in Japan since even before the pandemic on the back of the increasing popularity of outdoor activities.
A Mitsubishi Motors e-Evolution concept SUV on display at the Beijing International Automotive Exhibition in April 2018
BUSINESS / Companies
Oct 25, 2023
Mitsubishi Motors to exit China and invest in Renault's EV venture
The Japanese automaker halted production in China in March amid stiff competition with local brands.
Mitsubishi's e-Yi concept SUV is displayed during the media day for the Shanghai auto show in 2019.
BUSINESS / Companies
Sep 28, 2023
Mitsubishi Motors planning to end production in China
Mitsubishi Motors, which halted output in China in March, plans to focus its resources on the Southeast Asian market, sources said.
Japan Times
BUSINESS
Jul 14, 2023
Mitsubishi Motors suspends China business after sluggish sales
The automaker said that China’s transition away from gasoline cars to cleaner vehicles had hit its existing line up and seen sales fall far below expectations.
Japan Times
BUSINESS
May 10, 2023
Mitsubishi Motors to stick with China despite poor sales
The automaker’s retail sales in China dropped to 32,000 units in the third quarter, and those numbers are expected to decline again for the quarter that ended in March.
Japan Times
BUSINESS
Mar 10, 2023
Mitsubishi Motors plays catchup with plans for all-electric fleet by 2035
The company also said it’s aiming for sales of 1.1 million units a year and an operating profit of ¥220 billion by fiscal 2025.
Japan Times
BUSINESS
Feb 6, 2023
Renault and Nissan agree on landmark deal to reshape alliance
Renault will cut its holding in Nissan to 15% from 43% to re-balance lopsided capital ties, resolving a cause of friction that slowed cooperation at a crucial time.
Japan Times
BUSINESS
Dec 9, 2022
Electric minivehicle from Nissan and Mitsubishi named Japan Car of the Year
The micro EV, sold from June as the Sakura from Nissan and the eK X EV from Mitsubishi Motors, marked the first time for a minivehicle to win the award.
Japan Times
BUSINESS
Nov 5, 2022
Nissan planned to join Mitsubishi group in 2019 to escape Renault's sway
The plan would have seen Mitsubishi acquire up to 22% of Renault's 43% stake in Nissan, but talks came to an abrupt halt following the resignation of Nissan's president at the time.
Japan Times
BUSINESS / Companies
Oct 23, 2022
Technology-sharing a sticking point as Renault, Nissan hash out reset, sources say
Renault and Nissan said this month they were in talks about the future of their alliance, including Nissan potentially investing in an electric vehicle business being spun out of Renault.
Japan Times
BUSINESS
May 20, 2022
Japan loves its minicars. Can it embrace EV versions too?
Mitsubishi and Nissan have unveiled their takes on electrified minivehicles, possibly helping to spark a wider shift toward EVs in the nation.
Japan Times
BUSINESS
Jan 27, 2022
Renault and Nissan reboot embattled pact with $26 billion EV plan
The funds, announced separately by the carmakers last year, will be spent over five years to roll out 35 new battery-powered cars by the end of the decade.
Japan Times
BUSINESS / Companies
Jan 24, 2022
Renault, Nissan and Mitsubishi to unveil 2030 EV alliance this week
As established automakers face pressure from new competitors and an expected shift in demand toward EVs, the French-Japanese alliance is seeking to deepen cooperation.
Japan Times
BUSINESS
Mar 10, 2021
Mitsubishi clings to life in Europe with Renault deal
The company has long struggled in Europe, where its market share has stagnated around 1% for more than a decade.
Japan Times
BUSINESS
Feb 25, 2021
Japan automakers' output falls 4.5% in January due to chip shortage
Only Toyota Motor Corp. and Nissan Motor Co. saw their production in the month climb from the previous year.
Japan Times
BUSINESS / Companies
Feb 24, 2021
Mitsubishi weighing making cars at Renault plant in France
The move would be a reversal of last year's decision to pull back from Europe.
Japan Times
BUSINESS
Jan 6, 2021
Japan auto sales plunged 11.5% last year in biggest drop since 2011
Sales saw the most extreme fall in nine years, according to data from industry bodies. Car demand usually grows toward April but uncertainty remains as COVID-19 cases surge.
Japan Times
JAPAN
Nov 7, 2020
Japanese unit of IBM among group to test AI suitcase for guiding blind
A group of five companies including the Japanese unit of IBM Corp. are currently developing an artificial intelligence suitcase to help visually impaired people travel independently. A pilot test of a prototype was conducted at an airport in Japan on Monday.
Japan Times
BUSINESS / Companies
Sep 26, 2020
Mitsubishi Motors eyes early retirement for up to 600 amid slump
Mitsubishi Motors Corp. is considering seeking the early retirement of 500 to 600 workers starting in mid-November as part of the automaker's restructuring plan due to a sales slump amid the coronavirus pandemic, sources close to the matter said Friday.
Japan Times
BUSINESS / Companies
Aug 17, 2020
Japanese officials tried to push Nissan-Honda merger talks, report says
The idea disappeared before it reached the boards of the two companies, the Financial Times said.

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