Tag - mitsubishi-motors

 
 

MITSUBISHI MOTORS

A steel plant in Shanghai operated by Baoshan Iron & Steel. Nippon Steel said in July it will dissolve its joint venture with the Chinese firm.
BUSINESS / Companies
Sep 9, 2024
Japanese firms sour on China after long years of brushing off risks
Almost half of Japanese firms in China polled in a recent survey said they won’t spend more or will cut investment this year.
Workers install a battery for an electric vehicle at a Mitsubishi factory in Kurashiki, Okayama Prefecture, in May 2022.
BUSINESS / Companies
Jul 28, 2024
Mitsubishi Motors to join Honda-Nissan alliance, Nikkei reports
The push comes as Nissan, Japan's third-largest automaker, has been steadily losing market share in its two biggest markets: the United States and China.
Ashwani Gupta, then-chief operating officer of Nissan, in April 2023
BUSINESS / Companies
May 31, 2024
Nissan paid ex-COO $3.7 million to quit after sexual harassment claims
Ashwani Gupta's compensation figure for leaving the company is now public in a notice of the annual shareholders’ meeting, which showed he will also receive allowances.
Japan Times
BUSINESS
Jul 14, 2023
Mitsubishi Motors suspends China business after sluggish sales
The automaker said that China’s transition away from gasoline cars to cleaner vehicles had hit its existing line up and seen sales fall far below expectations.
Japan Times
BUSINESS
May 10, 2023
Mitsubishi Motors to stick with China despite poor sales
The automaker’s retail sales in China dropped to 32,000 units in the third quarter, and those numbers are expected to decline again for the quarter that ended in March.
Japan Times
BUSINESS
Mar 10, 2023
Mitsubishi Motors plays catchup with plans for all-electric fleet by 2035
The company also said it’s aiming for sales of 1.1 million units a year and an operating profit of ¥220 billion by fiscal 2025.
Japan Times
BUSINESS
Feb 6, 2023
Renault and Nissan agree on landmark deal to reshape alliance
Renault will cut its holding in Nissan to 15% from 43% to re-balance lopsided capital ties, resolving a cause of friction that slowed cooperation at a crucial time.
Japan Times
BUSINESS
Dec 9, 2022
Electric minivehicle from Nissan and Mitsubishi named Japan Car of the Year
The micro EV, sold from June as the Sakura from Nissan and the eK X EV from Mitsubishi Motors, marked the first time for a minivehicle to win the award.
Japan Times
BUSINESS / Companies
Oct 23, 2022
Technology-sharing a sticking point as Renault, Nissan hash out reset, sources say
Renault and Nissan said this month they were in talks about the future of their alliance, including Nissan potentially investing in an electric vehicle business being spun out of Renault.
Japan Times
BUSINESS
May 20, 2022
Japan loves its minicars. Can it embrace EV versions too?
Mitsubishi and Nissan have unveiled their takes on electrified minivehicles, possibly helping to spark a wider shift toward EVs in the nation.
Japan Times
BUSINESS
Jan 27, 2022
Renault and Nissan reboot embattled pact with $26 billion EV plan
The funds, announced separately by the carmakers last year, will be spent over five years to roll out 35 new battery-powered cars by the end of the decade.
Japan Times
BUSINESS / Companies
Jan 24, 2022
Renault, Nissan and Mitsubishi to unveil 2030 EV alliance this week
As established automakers face pressure from new competitors and an expected shift in demand toward EVs, the French-Japanese alliance is seeking to deepen cooperation.
Japan Times
BUSINESS
Mar 10, 2021
Mitsubishi clings to life in Europe with Renault deal
The company has long struggled in Europe, where its market share has stagnated around 1% for more than a decade.
Japan Times
BUSINESS / Companies
Feb 24, 2021
Mitsubishi weighing making cars at Renault plant in France
The move would be a reversal of last year's decision to pull back from Europe.

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