The End of an Era? Traditional SUVs Losing Traction
May 31, 2005
WESTLAKE VILLAGE, Calif.: 31 May 2005 — Traditional truck-based SUVs captured just 12.1 percent of U.S. new-vehicle retail sales in April, their lowest market share since May 1996, according to Power Information Network, a division of J.D. Power and Associates. In contrast, more fuel-efficient car-based crossover ... Continue reading
Scandal-Plagued Mitsubishi Fuso Names New President and CEO
May 31, 2005
TOKYO May 31, 2005; Joseph Coleman writing for the AP reported that troubled Japanese truckmaker Mitsubishi Fuso Truck & Bus announced a new president and CEO on Tuesday, vowing to regain customer trust as it struggles to recover from a scandal over auto defect cover-ups. Mitsubishi Fuso, which is 85 percent owned by D ... Continue reading
May 26, 2005
CYPRESS, Calif., May 26 -- Mitsubishi Motors North America (MMNA) today announced the appointment of John McElroy to general counsel, and the promotion of Curt Neal to senior vice president of human resources. McElroy had served as senior vice president, human resources and corporate services for MMNA since 2002. As ge ... Continue reading
Mitsubishi Motors chooses Outlander and i as names for new SUV and kei minicar models
May 23, 2005
Mitsubishi Motors Corporation today announced the names of its new SUV and new kei minicar models. Mitsubishi Motors is planning to introduce the new SUV model on the domestic Japanese market this autumn and the new kei minicar early next year. The new SUV model will take on the name "Outlander" while the new kei minic ... Continue reading
Mitsubishi Motors' Annual Loss Doubles
May 23, 2005
Tokyo May 23, 2005; Naoko Fujimura writing for Bloomberg reported that Mitsubishi Motors Corp., Japan's fifth-largest carmaker by unit sales, said its annual loss more than doubled to a record as sales dropped every month. The company's loss increased to 474.8 billion yen ($4.4 billion) in the year ended March, from a ... Continue reading
All-New 2006 Mitsubishi Eclipse Sport Coupe to Go on Sale Ahead of Schedule
May 19, 2005
Strong Consumer and Dealer Interest, Smooth Production Prompts Company to Move Up Sale Date to Today; Pricing Announced CYPRESS, Calif., May 19 -- Mitsubishi Motors North America (MMNA) announced today its all-new 2006 Eclipse sport coupe officially will go on sale today, several weeks before initially planned. With a ... Continue reading
May 13, 2005
Tokyo, Japan, May 12, 2005 - (JCN Newswire) - Mitsubishi Motors has chosen to center its development of next-generation electric vehicle technology on in-wheel motors and on lithium-ion batteries that the company has been working on for several years. Currently working on a test vehicle that utilizes these technologies ... Continue reading
Mitsubishi To Go Electric in 2010
May 12, 2005
TOKYO May 11, 2005; Yuri Kageyama writing for the AP reported that scandal-plagued Mitsubishi Motors Corp. said Wednesday it will start selling electric cars in 2010, an attempt to showcase its technological prowess and fix its battered brand image. The Tokyo-based automaker, struggling to regain customer trust after r ... Continue reading
Edmunds.com Announces Consumers' Most Wanted Vehicle Awards for 2005
May 10, 2005
Ford Mustang Named Consumers' Choice for Most Significant Vehicle of the Year; Domestic Cars Win, Place and Show SANTA MONICA, Calif., May 10 -- Edmunds.com, the Internet's premiere resource for consumer automotive information, today announced the winners of the fourth annual Consumers' Most Wanted vehicle awards. (Log ... Continue reading
Mitsubishi Motors Develops World's First Anti-allergen Filter for Car Air Conditioner
May 10, 2005
Tokyo May 9, 2005; Aki Tsukioka writing for JCNN reported that Mitsubishi Motors announced on May 9 that it has developed the world's first anti-allergen filter for car air conditioners. Based on Mitsubishi Heavy Industries' proprietary technology Allergen Clear Filter, the new product can effectively degrade and inact ... Continue reading
IntelliChoice Announces New Car Best Deals for May 2005
May 6, 2005
CAMPBELL, Calif.--May 6, 2005--PRIMEDIA's IntelliChoice, the leading source for automotive ownership cost and value analysis, today announced its "Best Deals of the Month" selections for May, identifying the vehicles with the best ownership cost value in 29 respective classes. IntelliChoice's "Best Deals of the Month" ... Continue reading
Mitsubishi Motors Credit of America Announces Appointment of Jeff Young as President and CEO
May 5, 2005
CYPRESS, Calif.--May 4, 2005--Mitsubishi Motors Credit of America (MMCA) announced that Jeff Young, senior vice president and chief financial officer of MMCA, has been named its president and CEO. He replaces Bob Costantino, who has chosen to pursue other interests in the financial community. "We're extremely pleased t ... Continue reading
2005 Shanghai Auto Show - Changfeng Cheetah C1 Concept Vehicle Unveiled
May 3, 2005
Changfeng Motor, local partner of Mitsubishi unveiled a new SUV concept at the 2005 Auto Shanghai Show. Called the Cheetah C1, this intriguing looking prototype has been in-house by the company. Changfeng claims that the shape recalls a cheetah, e.g. the rear-view mirrors look like the ear of the animal. ... Continue reading
Toyota, Nissan, Honda and Mazda Boosted Auto Production in March
Apr 27, 2005
TOKYO April 27, 2005; The AP reported that four major Japanese automakers on Wednesday reported increased global production in March from growing demand, but only Mitsubishi Motors Corp. suffered a drop in last year's output. Toyota Motor Corp., the nation's top automaker, boosted its worldwide production 10.1 percent ... Continue reading
Daniel P. Kuhnert Joins Mitsubishi Motors North America as Senior Vice President of Sales
Apr 21, 2005
CYPRESS, Calif., April 21 -- Industry veteran Daniel P. Kuhnert today joins Mitsubishi Motors North America, Inc. (MMNA) as senior vice president of sales. Kuhnert replaces Michael Tocci, who is relocating to the east coast to pursue other interests. In his new position, Kuhnert will be responsible for U.S. sales opera ... Continue reading
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