Archive for the ‘Mitsubishi’ Category

International Business Gives Big Boost to Fuso Sales

MFTBC increased sales by 39.9 percent in the first half of 2010 compared to the same period of last year. The commercial vehicle manufacturer, which is part of Daimler Trucks, sold a total of 61,569 trucks and buses, of which 50,117 vehicles were sold outside the company’s home market of Japan. International...

August 6th, 2010 | Mitsubishi | Read More

First double-clutch transmission in a truck

As with a fully automatic transmission it is a two-pedal system, there is an accelerator pedal, a brake pedal and a selector lever. The selector lever allows automatic or manual gearshift mode to be selected. The M038S6 "Duonic transmission" has six forward gears and a reverse gear. The P-function ensures...

July 28th, 2010 | Mitsubishi | Read More

Mitsubishi faces $900-mln suit, cuts outlook

Japanese automaker Mitsubishi Motors Corp (MMC) said on Monday it faced a 900 million dollar claim for damages from its former distributor in Egypt, as it slashed its operating profit forecast. Japan's fourth-largest automaker said Cairo-based distributor Masria Co. is claiming the money alleging Mitsubishi...

April 19th, 2010 | Mitsubishi | Read More

Mitsubishi, Peugeot scrap merger talks

Japan's Mitsubishi Motors and France's Peugeot Citroen Wednesday scrapped an ambitious capital tie-up that would have created the world's sixth-largest auto alliance, after reports of financial discord. The companies in December confirmed they had discussed strengthening ties and a possible financial...

March 3rd, 2010 | Mitsubishi, Peugeot | Read More

Japan's Mitsubishi, Mazda and Subaru to sink into red

Japanese automakers Mitsubishi, Mazda and Subaru said Wednesday they will post losses for the year through March as a deepening global slump devastates the industry. Faced with the credit crunch, Mitsubishi Motors Corp. also said it would pull out of the Dakar Rally, which it has won 12 times, dealing...

February 4th, 2009 | Mitsubishi | Read More

Mitsubishi Motors to join downsizing trend

Mitsubishi Motors Corp. will join other major Japanese carmakers in making further cuts to production and jobs to cope with the global economic downturn, press reports said Saturday. The number-four Japanese carmaker is considering reducing its output in the business year to March 2009 by about 120,000...

November 22nd, 2008 | Mitsubishi | Read More

Mitsubishi, Peugeot may team up in electric cars

Japan's Mitsubishi Motors and France's PSA Peugeot Citroen said Tuesday they may collaborate in technology for electric vehicles as the global race to build green cars heats up. The exploratory project, expected to last several months, will involve joint development of components to transform...

June 17th, 2008 | Mitsubishi | Read More

Peugeot-Citroen, Mitsubishi announce joint production in Russia

French automaker PSA Peugeot-Citroen and Mitsubishi Motors of Japan announced the creation Monday of a joint vehicle-producing company in Russia, described by Peugeot as part of a "major offensive" in the Russian market. The assembly line at Kaluga, 180 kilometres (110 miles) southwest of Moscow, will...

May 19th, 2008 | Mitsubishi | Read More

Mitsubishi Motors axes Australian plant with 930 layoffs

Japan's Mitsubishi Motors Corp. said Tuesday it will close down a struggling plant in Australia with 930 layoffs as it expands its lower-cost operations in Thailand. The company blamed a waning appetite for large cars like the "380" sedan produced by the assembly plant in the southern...

February 5th, 2008 | Mitsubishi | Read More

2008 Mitsubishi Raider Puts Focus On Style And Value

Mitsubishi Motors North America, Inc. (MMNA) re-aligned its dramatically styled Raider mid-size pickup truck for 2008, sharpening the focus on customer value. The Raider model line is streamlined for 2008, now offering one extended-cab model and two Double Cab models. Three Raider models...

January 23rd, 2008 | Mitsubishi | Read More