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What a difference seven decades make. In the early 1940s, Mitsubishi Zeroes of the Imperial Japanese Navy tangled with U.S. Grumman Wildcats and Hellcats in the skies over the west Pacific. Now, the aircraft’s builder wants the U.S. Marines to sign up for its amphibious assault vehicle.
Japan is getting into the arms export game after scrapping a law forbidding it, with Mitsubishi Heavy Industries now in talks with a U.S. company to partner on the vehicle, Reuters reports. Read More >
The long-anticipated Mitsubishi Outlander plug-in hybrid, expected later this year, has once again been postponed for the U.S. and Canada.
This is at least the fifth time it’s been delayed in North America since its 2013 Japan-market launch. Mitsubishi’s U.S. market public relations manager, Alex Fedorak, confirmed the latest delay.
“Following a thorough evaluation process, we have determined that, in order to meet a level of competitiveness that will exceed customer expectations in the United States, the launch of the Outlander PHEV will be delayed until the summer of 2017,” said Fedorak.
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Update: Automotive News is reporting General Motors is now focusing “on the higher end of the market while the Japanese firm sticks to selling vehicles for everyday commercial purposes,” strongly hinting that GM is the one that broke off the collaboration. We’ve added detail below.
After announcing a new bromance with Mazda just over a week ago, Isuzu is calling it quits with its old beau General Motors.
(Or maybe GM caught Isuzu cheating behind its back. Who knows? The relationship dynamics at play between automakers are difficult to flesh out.)
Regardless, midsize trucks — badged as both Isuzus and Chevrolets — will be no more in the Land of Smiles. The duo, which has a truck plant each in Thailand, will decouple their R&D efforts as they move toward engineering new global midsize pickups.
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After the Mitsubishi fuel economy scandal triggered a Japan-wide investigation into fuel economy claims, Suzuki is now in a similar situation as its diamond-starred competitor.
But the reasoning behind Suzuki’s misdeed is different: the automaker, it claims, was destitute.
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A top Nissan executive is packing his bags and getting ready to take on Mitsubishi’s shadowy and scandal-prone technology arm.
Yesterday’s reports proved true, with Mitsuhiko Yamashita, Nissan’s chief technology adviser, announced today as Mitsubishi’s new head of research and development. He will take on the position starting June 24.
There’s a tough job waiting for Yamashita. Read More >
He’s been with the company since the Plymouth Sapporo/Dodge Challenger era, but Mitsubishi president Tetsuro Aikawa’s tenure comes to an abrupt end in June.
Aikawa stepped down today after less than two years at the helm, the victim of his company’s ongoing fuel economy scandal, according to an announcement from the automaker. Ryugo Nakao, the company’s executive vice-president in charge of quality, is also out the door. Read More >
Yesterday’s news that Nissan will buy a 34-percent controlling stake in Mitsubishi for $2.2 billion was the latest win for Carlos Ghosn, the man behind the Renault-Nissan Alliance of 1999 and possessor of many fingers in many pies.
Ghosn, CEO of both Nissan and Renault, inked the agreement with Mitsubishi as the other automaker battles a misleading gas-mileage scandal. At a price of 468.52 yen/share, Ghosn’s purchase of new shares was a smoking deal. Mitsubishi shares traded for 1,100 yen just last December.
What becomes of the two companies now? And how will Ghosn’s world-straddling empire benefit by snapping up beleaguered Mitsubishi? Read More >
Nissan Motor Company wants to buy a controlling stake in Mitsubishi Motors, according to a report by the Japanese broadcaster NHK.
The deal would see Nissan invest 200 billion yen ($1.84 billion) into the scandal-plagued automaker, giving Nissan control, Bloomberg reports. Read More >
Maybe 2016 isn’t Takata’s year.
The airbag manufacturer at the heart of the largest automotive safety recall in history is poised to double the number of airbag inflators it needs to fix, Reuters reports.
A number of people close to the issue said the beleaguered company will soon announce a massive expansion in the scope of the recall, which has already seen 28.8 million airbag inflators recalled in vehicles from 14 automakers. Another 35 to 40 million units require fixing, the sources say. Read More >
After admitting it fudged fuel economy data for the past 25 years in Japan, Mitsubishi Motors wants the Environmental Protection Agency to know that its U.S. vehicles are A-OK.
The automaker claims it conducted an internal audit on vehicles from model year 2013 to present and contrasted that data with figures it had previously submitted to the EPA. The conclusion? The information’s fine. Read More >