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May 03, 2024
 

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MITSUBISHI MOTORS

Japan Times
BUSINESS / Companies / ANALYSIS
Apr 21, 2016
Mitsubishi scandal could push firm to brink again, requiring rescue by group
Mitsubishi Motors Corp.'s disclosure that it manipulated fuel economy tests risks putting it in the position of needing help from group companies to stay in business.
Japan Times
BUSINESS
Apr 20, 2016
Mitsubishi Motors admits employees falsified fuel-efficiency data
The automaker says its workers faked test results for four minicars for which manufacturing and sales have now been suspended.
BUSINESS / Companies
Jan 7, 2016
Mitsubishi Motors to close Illinois plant after failing to find buyer
Mitsubishi Motors Corp. has decided to close a plant in Illinois after giving up on finding a buyer for it, company sources said Thursday.
JAPAN
Nov 26, 2015
Philippines to probe 'sudden acceleration' in Mitsubishi vehicles
Philippine regulators will investigate accidents involving Mitsubishi Motors Corp.'s Montero Sport vehicles after complaints that they can speed out of control.
Japan Times
BUSINESS / Companies
Jul 27, 2015
Mitsubishi Motors to shutter U.S. plant if no buyers found
Mitsubishi Motors Corp. will stop making vehicles in the United States this year and will close down its plant in Illinois if no buyers are found.
BUSINESS / Companies
Jul 24, 2015
Mitsubishi Motors to end U.S. car production: sources
Mitsubishi Motors Corp. has decided to withdraw from vehicle production in the United States as part of its efforts to focus more on growing Asian markets, sources said Friday.
BUSINESS / Companies
Oct 2, 2014
Honda to recall 130,000 cars, Mitsubishi Motors 120,000 to fix computer, AC woes
Honda Motor Co. said Thursday it is recalling more than 130,000 vehicles to check for potentially damaged transmissions, as Mitsubishi Motors Corp. recalled 120,000 vehicles for potential air-conditioning problems.
BUSINESS
Sep 11, 2014
Mitsubishi Motors issues 830,000-vehicle recall over engine, brake defects
Mitsubishi Motors Corp. on Thursday announced it is recalling more than 830,000 vehicles worldwide to fix defective engine and brake parts.
BUSINESS / Companies
Jun 25, 2014
Mitsubishi Motors to resume dividend payments for first time in 16 years
Mitsubishi Motors Corp. has announced it will resume dividend payments after a hiatus of more than 16 years. The move came as the automaker logged a record group net profit for fiscal 2013, signifying a recovery from a sales slump caused by the revelation of a coverup of vehicle defects in 2000.
BUSINESS / Economy
Feb 18, 2014
Mitsubishi Motors workers in line for raise
Mitsubishi Motors Corp. President Osamu Masuko says the automaker is considering raising employees' pay and also resuming dividend payments for the first time in over 16 years in fiscal 2013, reflecting its recovery from a decade of slumping sales.
Japan Times
BUSINESS / Companies
Feb 5, 2014
MMC's net profit surges to record ¥88 billion
Mitsubishi Motors Corp. said Wednesday its group net profit for the April-December period soared fivefold from a year earlier to a record ¥88.41 billion, driven by the yen's depreciation despite a decline in sales in Thailand.
BUSINESS / Companies
Dec 26, 2013
MMC investors OK raising funds via public offering
Shareholders of Mitsubishi Motors Corp. approved proposals Thursday allowing the firm to raise up to ¥210 billion in a public offering to buy back preferred shares and improve its finances.
BUSINESS / Companies
Oct 28, 2013
Toyota sales top GM's during third quarter
Toyota Motor Corp. outsold General Motors Co. and all other carmakers for the second time in three quarters, in the latest example of how Japan's largest manufacturers are benefiting from "Abenomics."
Japan Times
BUSINESS / Companies
Sep 12, 2013
MMC on verge of ¥200 billion public share offering
Mitsubishi Motors Corp. is nearing a decision to raise as much as ¥200 billion via a public offering of new shares as it seeks to reduce preferred stock held by other group companies, two sources with direct knowledge of the plan said.
Japan Times
BUSINESS / Companies
Jul 29, 2013
Carmakers join push to spread charging stations
Domestic automakers led by Nissan Motor Co., producer of the zero-emission Leaf car, said they'll team up to build up the number of the charging stations across the country to speed up adoption of electric cars.
Japan Times
BUSINESS / Companies
Jun 7, 2013
New Mitsubishi-Nissan minicar goes on sale
Nissan Motor Co. and Mitsubishi Motors Corp. started selling a jointly developed minivehicle in Japan on Thursday, aiming to catch up with rivals such as Daihatsu Motor Co. and Suzuki Motor Corp.
Japan Times
BUSINESS / Companies
May 21, 2013
Nissan, Mitsubishi kick off joint minicar production
Nissan Motor Co. and Mitsubishi Motors Corp. on Monday started manufacturing a jointly developed minivehicle to be launched on June 6 across Japan.
Weak yen fattens tourist wallets in Japan
People visit the Ameya Yokocho market in Tokyo's Ueno district during the Golden Week holiday on Tuesday.
Number of vacant homes in Japan hits record high of 9 million
A vacant house in Tokyo is seen demolished in January 2020.
'So hot you can't breathe': Extreme heat hits the Philippines
A pedestrian cools himself with a folding hand fan as he waits for a ride along a road in Manila on Wednesday, as extreme heat hit the Philippines.
Kishida sets sights on energy and climate in South America trip
Prime Minister Fumio Kishida will use a policy speech in Sao Paulo to set out his vision for ties between Japan and South America, almost 10 years after former Prime Minister Shinzo Abe advocated for stronger ties between the two in the same city.
Town to block view of Mount Fuji in response to overtourism
The town government of Fujikawaguchiko, Yamanashi Prefecture, decided to set up a 2.5-meter-high screen to prevent tourists from taking pictures of Mount Fuji looming behind a convenience store.
Kishida sets sights on energy and climate in South America trip
Prime Minister Fumio Kishida will use a policy speech in Sao Paulo to set out his vision for ties between Japan and South America, almost 10 years after former Prime Minister Shinzo Abe advocated for stronger ties between the two in the same city.
Yellow sand allergy: A health issue made worse by climate change
A screenshot of the Meteorological Agency's satellite image of clouds and yellow sand (in pink) on Sunday.
Climate change, chalky grains and the risks for Japan’s rice farmers
A farmer plants seedlings in Satsumasendai, Kagoshima Prefecture. Japan’s self sufficiency rate for rice is nearly 100%, compared with 38% for food overall, on a calorie basis.
Japan wants you to spend more with ‘luxury tourism’
Performers play a traditional drum unique to Wajima, Ishikawa Prefecture, in the prefectural capital of Kanazawa on March 16 to mark the extension of the Hokuriku Shinkansen line to Tsuruga Station in Fukui Prefecture.
Theaster Gates’ ambitious ‘Afro-Mingei’ brings Black Chicago to Tokyo
Theaster Gates' “A Heavenly Chord” lines up church pews before seven speakers and a Hammond B3 organ, a type of electric organ prevalent in Black American churches.

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