Mitsubishi Motors has recorded a profound loss in revenue in the aftermath of the fuel consumption scandal, with the company announcing it has lost around AUD$240 million. This figure was released as an amendment for the financial figures released on April 27. Mitsubishi classified the cost as “loss on fuel […]
Mitsubishi
2016 Mitsubishi Pajero Sport review (video)
It’s billed as a “family sports car”, and even though there is nothing sporty about the 2016 Mitsubishi Pajero Sport in the traditional sense of the word, it does present quite an adventurous and very capable set of skills. This is the replacement to the local Challenger – one of […]
Mitsubishi president Tetsuro Aikawa resigns following fuel economy scandal
Japanese media is reporting the resignation of Tetsuro Aikawa, Mitsubishi’s president, in the aftermath of the fuel consumption controversy that has embroiled the manufacturer. According to Nikkei Asian Review, Aikawa has fallen on his sword and will hand his position over to Osamu Masuko (below), currently Mitsubishi Motor’s CEO. Masuko […]
Future Mitsubishi Triton & Nissan Navara to share platforms
As a result of Nissan’s 34 per cent acquisition of beleaguered Mitsubishi, the next Triton may be based on the Navara. After being dogged by the fuel tampering scandal, as well as economic woes and a stale showroom lineup, Nissan is intervening to the tune of AU$3 billion. Talk of […]
Nissan buying 34% of Mitsubishi Motors for 237 billion yen
It’s official, Nissan is purchasing a 34 per cent stake in Mitsubishi Motors following reports and rumours over the past 24 hours. Mitsubishi confirmed the news in a statement, saying the strategic alliance will extend an existing partnership between the two Japanese companies. Nissan bought the slice for 237 billion […]
Nissan to take controlling stake in Mitsubishi Motors – report
In a possible takeover move, Nissan is considering investing 200 billion Ye (US $1.84 billion) in Mitsubishi, giving it a controlling stake in the embattled Japanese manufacturer. This could be part of a plan to dig Mitsubishi out of trouble regarding the recent fuel consumption scandal. It’s understood the boards […]
2016 Mitsubishi Triton GLX+ special edition on sale in Australia
Mitsubishi Australia is jumping onto the special edition ute bandwagon, announcing the release of the new Triton GLX+ double cab. It, like the others, brings added equipment and boosted value to the tradies’ favourite. Based on the new Triton GLX dual cab, the GLX+ comes with 16-inch alloy wheels (replacing […]
Mitsubishi Pajero Sport update coming in July, adds seven seats
Mitsubishi Australia will soon launch an update for the Pajero Sport (new Challenger), PerformanceDrive has learned, bringing seven seats to the heavy-duty off-roader for the first time. According to our sources, Mitsubishi is planning to introduce the update, likely wearing a MY2017 built plate, in July this year bringing a […]