Jury orders Mitsubishi to pay $977 million over crash involving defective seatbelt
By Jonathan Stempel (Reuters) – A Pennsylvania jury has ordered Mitsubishi Motors to pay nearly $977 million in damages to a man who said he became a quadriplegic in a vehicle rollover…
Indonesia says Mitsubishi Motors plans to invest $375 million in 2024
JAKARTA (Reuters) – Indonesia’s industry ministry said on Wednesday Japanese carmaker Mitsubishi Motors was planning to invest 5.7 trillion rupiah ($375.25 million) in 2024 to expand its production capacity in the country.…
Mitsubishi Motors takes one-time $78 million hit from China woes
TOKYO (Reuters) – Mitsubishi Motors Corp will take a one-time hit of 10.5 billion yen ($78.31 million) related to slowing sales at its China unit, it said on Tuesday, as mounting competition…
Japan awards Mitsubishi Heavy $2.8 billion missile contracts
TOKYO (Reuters) – Japan has awarded its largest defence equipment maker Mitsubishi Heavy Industries contracts worth 378 billion yen ($2.84 billion) to develop and build a new missile force aimed at deterring…
Asia’s coal phase-out must be gradual, says Mitsubishi Heavy head
By Leika Kihara NUSA DUA, Indonesia (Reuters) – Asia must phase out coal power gradually while still making use of existing infrastructure to make the shift to a carbon-neutral society less disruptive,…
Japan’s biggest bank Mitsubishi UFJ reports 70.5% slump in Q2 profit
TOKYO (Reuters) – Mitsubishi UFJ Financial Group Inc, Japan’s largest lender by assets, on Monday reported a 70.5% slide in second-quarter net profit because of another one-off loss related to the sale…
Mitsubishi Motors Reports Second Quarter 2022 Sales, Outlander Sales Performance Continues to Lead the Way
The 2022 Outlander has earned outstanding customer and media accolades since launching in February of 2021. In that time, the seven-passenger SUV marked its best-four consecutive-quarters of retail-only sales since the nameplate…
Mitsubishi Motors Dealer Partner Spotlight – West Mitsubishi on Rising to the Occasion
In June, we are proud to feature farmer, first responder and West Mitsubishi Dealer Principal Gary Campbell, who recently rose to the occasion, when there was a medical emergency at a Mitsubishi…
Nissan, Mitsubishi Motors unveil light EVs for Japan
By Satoshi Sugiyama KURASHIKI, Japan – Japan’s Mitsubishi Motors Corp and Nissan Motor Co unveiled their first jointly developed light electric vehicles (EVs), aiming to draw more Japanese drivers to battery-powered cars…
All-new 2023 Mitsubishi Outlander Plug-in Hybrid (Phev) Breaks Cover At 2022 Twin Cities Auto Show
To underscore the vehicle’s success locally, Mitsubishi Motors North America, Inc. (MMNA) will offer news media and Minneapolis–Saint Paul-area consumers the first in-person glimpse of the all-new 2023 Outlander PHEV at the…
Mitsubishi Motors Announces Industry-Leading New Work-From-Home Policy
“Our new work from home policy comes down to one thing: tremendous trust in our employee team,” said recently appointed MMNA CEO Mark Chaffin. “Over the last two years, our employees have…
Japan’s SMFG, Tepco, Mitsubishi face activist climate votes at AGMs
By Makiko Yamazaki TOKYO – Big Japanese firms including Sumitomo Mitsui Financial Group, Tokyo Electric Power (Tepco) and Mitsubishi Corp will face resolutions from activist shareholders urging greater commitment to tackling climate…
Mitsubishi halts production at Russian plant it co-runs with Stellantis
(Reuters) -Japanese automaker Mitsubishi Motors said on Friday it had stopped production at a Russian van plant in Kaluga that it owns with Stellantis until further notice, joining other major carmakers that…
Mitsubishi Tanabe Pharma America Presents Real-World Data on RADICAVA® (edaravone) at 2022 American Academy of Neurology Annual Meeting
Analysis Suggests Use of RADICAVA IV is Associated with Improved Survival in People with ALS JERSEY CITY, N.J., April 4, 2022 — Mitsubishi Tanabe Pharma America, Inc. (MTPA) today announced the…
2023 Eclipse Cross To Feature Standard Super All-wheel Control; Mitsubishi Motors Announces Pricing And Specifications
With a starting MSRP of just $25,795.002,3, the 2023 Eclipse Cross is packed with a full suite of comfort and technology features, including Apple Car Play®4 and Android AutoTM5 integration on LE…
Mitsubishi Tanabe Pharma America to Showcase ALS Research at 2022 American Academy of Neurology Annual Meeting
Presentations Include Real-World Data on RADICAVA® (edaravone) and Results from a Global Phase 3 Study of Investigational Oral Edaravone JERSEY CITY, N.J., April 1, 2022 — Mitsubishi Tanabe Pharma America, Inc. (MTPA)…
Mitsubishi Motors Reports Strong First Quarter Sales Led By Record Sales Of All-New Outlander
MMNA’s flagship vehicle, the all-new 2022 Outlander, continued to lead the brand’s sales success for the quarter, with 13,065 total vehicles sold, a 218.2% year-over-year increase. Q1 2022 also represented the best-ever…
Mitsubishi confident Japan offshore wind will be profitable
TOKYO – Japan’s Mitsubishi Corp is confident that the three offshore wind farms it won last year in auctions will be profitable despite the low feed-in tariff prices it bid, the head…
Mitsubishi Motors Announces Santander Consumer USA As New Preferred Finance Partner
“Mitsubishi Motors is celebrating 40 years of doing business in the U.S. in 2022, and our future has never been brighter. We are turning heads with one of the freshest showrooms in…
Mitsubishi Tanabe Pharma America Highlights ALS Research at 2022 MDA Clinical & Scientific Conference
JERSEY CITY, N.J., March 11, 2022 — Mitsubishi Tanabe Pharma America, Inc. (MTPA) today announced that five presentations on amyotrophic lateral sclerosis (ALS) will be shared as part of the 2022 Muscular…
Mitsubishi Motors North America Names Mark Chaffin President and CEO
Chaffin (53) is promoted into the role of CEO, having previously served as MMNA’s chief operating officer since 2018. Prior to his appointment to COO, he served as Vice President of Fixed…
Breaking News
