Mitsubishi to Take U.S. Into Higher Gear

The brand aims to increase its footprint here, in part with gallery-style stores.

Mitsubishi North America Adds Xtime

Cox Automotive offering meant to elevate dealer service experience.

Mitsubishi Gets More Aggressive on Electrification

Brand plans completely electrified lineup by 2035, including work with alliance partner Renault.

Mitsubishi Corp. Predicts Record Net Profit

Mitsubishi Corp. has raised its full-year net profit forecast by 21% to a record 1.03 trillion yen ($7 billion).

Tight Inventories Cause Brand Loyalty to Dip

Short supplies of new vehicles drove a dip in consumer loyalty of over 3 percentage points, according to Experian.

SAAR Dips to 16.6M in Watershed Sales Report

July deliveries increased 1.3% in the first monthly U.S. new-vehicle sales report to include none of the Detroit 3 automakers, but the seasonally adjusted annualized rate fell below 17 million for the fourth time this year.

FCA Proposes Merger With Renault

The chairman of Fiat Chrysler Automobiles is pushing a proposal that would merge the Italian-American carmaker with France’s Renault, creating the world’s third-largest manufacturer.

Takata Air Bag Recall Expands to Record 34 Million Vehicles

As part of an agreement with Takata, federal regulators expanded the recall of vehicles equipped with the company’s air bags to 33.8 million in the U.S., making it the largest safety recall in the nation’s history, reports Detroit Free Press. The move essentially doubles the number of vehicles being recalled to replace potentially lethal air ... Read More »

Ally Financial Named Mitsubishi’s Preferred U.S. Auto Lender

Ally Financial Inc., the former lending arm of General Motors, will become the preferred financing source for Mitsubishi Motors Corp. in the U.S, reported Bloomberg. Ally will replace Mitsubishi’s captive finance company and provide lease and retail financing and insurance offerings at about 380 Mitsubishi dealerships, the Detroit-based bank said Monday in a statement. Terms ... Read More »

Mitsubishi Motors Recalls 920,000 Vehicles Over Light Switch Glitch