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News By Topic: Mitsubishi

Mitsubishi Corporation: Investment Fund Aimed at Silicon Valley Startups Reaches Fundraising Target

Mitsubishi Corporation: Investment Fund Aimed at Silicon Valley Startups Reaches Fundraising Target

Capital to support innovative enterprises and help expand technology in Japan TOKYO, May, 17 2016; Mitsubishi Corporation (MC) is pleased to announce that "Geodesic Capital Fund I" has concluded the final closing with the aggregate investment amount of $335 million. The fund is aimed at providing investment capital for ... Continue reading

Fireball Tim Drives a 2015 Kia Sorento, Mitsubishi Lancer EVO GSR and 2016 Jaguar F-Type R +VIDEO

Fireball Tim Drives a 2015 Kia Sorento, Mitsubishi Lancer EVO GSR and 2016 Jaguar F-Type R +VIDEO

HOLLYWOOD USA - August 12, 2015: Today's Fireball Tim VLOG is chock-a-block with cars. ... Continue reading

2016 Mitsubishi Outlander Sport GT 2WD Review by Carey Russ +VIDEO

2016 Mitsubishi Outlander Sport GT 2WD Review by Carey Russ +VIDEO

DRIVING DOWN THE ROAD WITH CAREY RUSS The Outlander Sport has been Mitsubishi's most popular vehicle in the US since its debut for 2011, and after a week in a front-wheel drive example of the range-topping GT model I'm not surprised by that at all. The Outlander Sport is a an honest and unpretentious compact crossover. ... Continue reading

Nissan to Take 34% Stake in Mitsubishi Motors for 237 Billion Yen TOKYO, May, 12 2016; Nissan Motor Co., Ltd., ("Nissan"), and Mitsubishi Motors Corporation, ("MMC") announced that they have signed a Basic Agreement today to form a far-reaching strategic alliance between the two Japanese automakers. Following an MMC sh ... Continue reading

Nissan Takes Over Control Of Mitsubishi Motors +VIDEO

Nissan Takes Over Control Of Mitsubishi Motors +VIDEO

YOKOHAMA and TOKYO, Japan May. 12, 2016– Nissan Motor Co., Ltd., ("Nissan”), and Mitsubishi Motors Corporation, ("MMC”) announced that they have signed a Basic Agreement today to form a far-reaching strategic alliance between the two Japanese automakers. Following an MMC share issue, Nissan will take a 3 ... Continue reading

Small Cars Big Savings - SUV Craze Stokes Small-Car Deals

Small Cars Big Savings - SUV Craze Stokes Small-Car Deals

Washington DC May 12, 2016; The Detroit News reports that with many Americans rushing to buy trucks and SUVs, there are good deals to be had on cars, especially smaller models. In April, supplies of small cars on dealer lots grew to the highest level in seven years. Automakers are resorting to discounts and sweetened l ... Continue reading

International Automakers in America: Building More Than Cars

International Automakers in America: Building More Than Cars

Washington DC May 12, 2016; The growth of international automakers and dealers in the U.S. is an American success story. It's a story about American jobs and the profound economic impact of a $73 billion investment in the U.S. economy. It's also about providing American consumers with an abundance of vehicle choices th ... Continue reading

Mitsubishi April 2016 US Sales - CUVs Lead The Charge

Mitsubishi April 2016 US Sales - CUVs Lead The Charge

CYPRESS, Calif., May 3, 2016 -- Mitsubishi Motors North America, Inc. (MMNA) today reported April 2016 sales of 9,674 up 17.7 percent from April of last year and is the best April sales since 2007. The Mitsubishi Outlander and Outlander Sport CUVs once again posted strong sales numbers with combined sales of 5,343 up 3 ... Continue reading

Mitsubishi Motors North America Confirms U.S. Vehicles Not Impacted By Fuel Consumption Testing Data Irregularities +VIDEO

Mitsubishi Motors North America Confirms U.S. Vehicles Not Impacted By Fuel Consumption Testing Data Irregularities +VIDEO

CYPRESS, Calif., April 28, 2016 -- Mitsubishi Motors North America, Inc. (MMNA) today confirmed that vehicles sold in the United States are not impacted by the fuel consumption testing data irregularities (VIDEO). Mitsubishi Motors Corporation in Tokyo recently announced irregularities concerning fuel consumption testi ... Continue reading

Japfest Celebrates Two More Iconic Models

Japfest Celebrates Two More Iconic Models

HORSHAM, England - April 14, 2016: A move to a bigger and better venue has allowed the organisers of Japfest 2016 to accommodate more cars and features than ever before, with over 3,100 Japanese performance models on display – that’s at least 500 more than in 2015. Among the special features for 2016’s J ... Continue reading

Mitsubishi March 2016 U.S. Sales Best Since 2007

Mitsubishi March 2016 U.S. Sales Best Since 2007

CYPRESS, Calif., April 1, 2016 -- Mitsubishi Motors North America, Inc. (MMNA) today reported its best March sales since 2007 with sales of 11,078, an increase of 13.5 percent over March of 2015. The Mitsubishi Mirage proved to be the big winner for the month with sales totaling 4,113, the vehicle's best sales month si ... Continue reading

First-ever IIHS New Car Headlight Ratings - Most Need Improvement

First-ever IIHS New Car Headlight Ratings - Most Need Improvement

ARLINGTON, Va. — The Toyota Prius v is the only midsize car out of 31 evaluated to earn a good rating in the Insurance Institute for Highway Safety's first-ever headlight ratings.The best available headlights on 11 cars earn an acceptable rating, while nine only reach a marginal rating. Ten of the vehicles can't b ... Continue reading

New-Car Sales To Jump 8 Percent In March 2016

New-Car Sales To Jump 8 Percent In March 2016

IRVINE, Calif., March 28, 2016 -- New-vehicle sales are expected to increase 8 percent year-over-year to a total of 1.66 million units in March 2016, resulting in an estimated 17.2 million seasonally adjusted annual rate (SAAR), according to Kelley Blue Book www.kbb.com, the vehicle valuation and information source tru ... Continue reading

Mitsubishi Motors Debuts Two All-New Production Vehicles At The 2016 New York International Auto Show

Mitsubishi Motors Debuts Two All-New Production Vehicles At The 2016 New York International Auto Show

NEW YORK, March 24, 2016 -- Mitsubishi Motors North America, Inc. (MMNA) today showed the much-anticipated production model of the all-new 2017 Mitsubishi Outlander Plug-In Hybrid Electric Vehicle (PHEV) and the 2017 Mirage G4 subcompact sedan at the 2016 New York International Auto Show. Both vehicles are new models t ... Continue reading

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