Mitsubishi Motors Corp. reported Monday a 176 billion yen ($1.7 billion) loss for April-June, and forecast more red ink for the fiscal year, as the coronavirus pandemic slammed auto demand around the world. The shaky results come as Mitsubishi Motors’ alliance partners Nissan Motor Co. and Renault of France work to recover from the downfall of their former chairman, Carlos Ghosn. Ghosn was out on bail, awaiting trial on various financial misconduct allegations in Tokyo, when he fled late last
We knew it as the Montero.
The National Highway Traffic Safety Administration is requesting details from Mitsubishi to check whether the fuel economy issue affects US models. Japanese media claim more models there might have false fuel economy ratings than just the current micro cars.
As Mitsubishi's turnaround takes hold, we can talk less about the company's survival in the US market and more about what kinds of products we might see in the future: there's a hybrid Evo on the way and its joint venture with Renault-Nissan will deliver a C-segment sedan. Furthermore, it might even deliver a dividend to its shareho
In desperate need of some competitive new products, Mitsubishi showed up at the Tokyo Motor Show with three concept vehicles. The most important of them might just be this fullsize Concept GC-PHEV (Grand Cruiser). With its full-time four-wheel-drive system and roughly the rig
We admit it – we've been skeptical about Mitsubishi's fortunes here in the US for a long time now, and this month's reveal of the 2014 Mirage subcompact at the New York Auto Show didn't do much to quell our consternation. Yes, the Mirage should attract a certain portion of the b
During a meeting of the Japan Automobile Manufacturers Association, Toyota president Akio Toyoda offered a "Chapeau!" to his fellow CEOs by listing his favorite cars from other makers. He listed just one vehicle from five makers represented on the board, in alphabetical order: the Honda NSX, Isuzu Bellett, Jonathon Ramsey
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Mitsubishi Motors is launching a fully redesigned Pajero today in Japan. The popular SUV (2.5 million are on the road) now also lends its name to the new "Pajero Forest & Local Mountain Restoration Initiative". The initiative means Mitsubishi will work with the town of Hayakawa-cho in Yamanashi Prefecture to cultivate a three-hectare area that will
The 2007 Mitsubishi Pajero (that's Montero to us Yanks) is scheduled to materialize this fall, according to the teaser website that's up at Mitsubishi's Japanese page. While the Montero is being dropped from the US lineup after the '06 model year, it will continue to be sold in other markets including, presumably, Europe. Next month's Paris show sounds like a good bet for the debut of the SUV shown above.