Mitsubishi President Osamu Masuko re-affirmed his company’s commitment to the American marketplace, despite seeing most of its product line eliminated, and the flagship i electric car fail miserably. Despite these Job-like setbacks, Mitsubishi will release more new product in 2013, including a plug-in hybrid SUV and an all-new A/B segment car.
Despite sales projections of 20,000 units annually, Automotive News is reporting that Mitsubishi has sold less than 500 examples of the i through October, and plans for a successor are now dead. Where Mitsubishi will hit back is with plug-in cars and what Masuko calls “attractive products” that will motivate dealers to invest in upgrading their facilities.
The Outlander will hit showrooms in July, followed by the tiny, three-cylinder Mirage hatchback in September. A plug-in Outlander will go on sale in early 2014. Mitsubishi is also planning to increase capacity at their Illinois plant from 50,000 to 70,000 units a year, largely for exporting vehicles to world markets. While Masuko is looking to double sales to 100,000 units in America by 2014, Mitsubishi has a long way to go. As it stands now, only Suzuki cars sell worse among Japanese brands, and they won’t be around much longer.