Mitsubishi has taken the wraps of the sedan version of the new Mirage, dubbed the Attrage. Just-Auto reports that the Thai-based sedan will launch in July, and will be exported shortly thereafter. Powertrains will carry over from the Mirage, but hopefully the name will change when it comes to our shores.
Mitsubishi, pretty much given up for dead in the U.S. and Europe, thrives in an easily overlooked part of the world: South-East Asia. Mitsubishi has three assembly plants in Thailand, and will spend around $150 million to increase output. (Read More…)
Even though the gods of the Ren Cen saw fit to deliver us the Opel Astra, the capricious and jealous Dan Akerson still managed to deny his Chosen Ones the elusive diesel/manual body-on-frame SUV, leaving the faithful to wallow in a sea of front-drive, car-based gasoline powered crossovers that nobody ever buys. Ever.
Looks like I have my work cut out for me yet again; the new Mitsubishi Mirage will be coming to Canada, but Mitsubishi may not bring their new small car to the United States. Yes, I’ll take time to review it.
After the tsunami had hit Japan, Monday morning production experts said that production must be spread over many places in the world, just to be safe. Mention this to people at Honda, and they’ll strangle you in a polite Japanese way.
The Nikkei [sub] writes that Honda will temporarily shut down its plant in Taiwan, because it is lacking parts coming from Thailand. Honda says: (Read More…)
Toyota announced today that it will resume production in Thailand on November 21. Full scale production probably is a while away. At a visit to Thailand, Toyota CEO Akio Toyoda said that “Toyota is starting to get a firm grasp of the situation and would like to restart production as soon as possible.” This does not mean that it is business as usual yet. (Read More…)
None of the approximately 100 journalists that packed Toyota’s basement meeting room in Tokyo today was surprised when the midterm results of the current fiscal year were announced, and there was an operating loss of 32.6 billion yen ($417 million). The loss was a little higher than expected, but expected it was. If you lose 689,000 units in sales, then you are bound to lose some money. The surprise came in the form of an unexpected new benchmark: Nissan. (Read More…)
The Nikkei [sub] says that Toyota’s production in Japan “is being paralyzed by the parts shortage caused by the severe flooding in Thailand, with assembly lines for 20 models to grind to a halt.”
According to the wire service, four minivan models already stopped rolling off the lines, with 16 more models to follow while Japanese plants wait for parts such as electronic components for audio equipment and gauges.