2010 Mitsubishi Lancer Evolution MR Touring, an AW Drivers Log: ( Fri, 12 Mar 2010 19:53:00 +0100) ASSOCIATE EDITOR JONATHAN WONG: I had a love/hate relationship with the Evolution MR during the year with our long termer. Read more Ralliart unit folds, but Mitsubishi will keep the name ( Thu, 11 Mar 2010 18:17:00 +0100) Mitsubishi will continue using the and#8220;Ralliartand#8221; brand name despite the demise of the Japanese racing parts company this week. Ralliart Inc., a wholly owned Japanese subsidiary of Mitsubishi Motors Corp. Read more Ralliart unit folds, but Mitsubishi will keep the name: ( Thu, 11 Mar 2010 19:11:00 +0100) Mitsubishi will continue using the and#8220;Ralliartand#8221; brand name despite the demise of the Japanese racing parts company this week. Read more Getting schooled at the Mitsubishi Lancer Evolution Experience: ( Thu, 04 Mar 2010 08:30:00 +0100) You don't need snow or ice to enjoy the thrills of sliding an all-wheel-drive car sideways, as evidenced by a day at the Mitsubishi Lancer Evolution Experience at Infineon Raceway. Read more
Getting schooled: Mitsubishi Lancer Evolution Experience: ( Thu, 04 Mar 2010 08:30:00 +0100) You don't need snow or ice to enjoy the thrills of sliding an all-wheel-drive car sideways, as evidenced by a day at the Mitsubishi Lancer Evolution Experience at Infineon Raceway. Read more
AUTOSHOW-Partners key for carmakers despite pitfalls ( Wed, 03 Mar 2010 18:49:44 +0100) * PSA, Mitsubishi Motors drop plans for capital tie-up * Renault-Nissan CEO says scale not panacea for synergies * Keeping brand identity a challenge Read more
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Vehicles made in Michigan ( Wed, 03 Mar 2010 02:07:00 +0100) Made in Michigan Here is how vehicles assembled in Michigan sold last month and so far this year, compared to the same period a year ago. Vehicle City Feb. 2010 % change YTD 2010 %change GENERAL MOTORS Buick Enclave Lansing 3,778 12.2% 7,853 29.2% Buick Lucerne Detroit-Hamtramck 1,298 0.7% 3,038 -25% Cadillac DTS Detroit-Hamtramck 611 -37.8% 1,229 -47.6% Cadillac CTS Lansing 2,690 -17.5% 5,255 -21.3% Cadillac STS Lansing 332 -7% 565 -26.6% Chevrolet Silverado Flint 19,822 0.2% 42,594 -2.7% Chevrolet Traverse Lansing 5,882 -8.3% 11,606 -0.2% GMC Acadia Lansing 6,478 36.1% 11,938 49.4% GMC Sierra Flint 6,296 -1.6% 13,567 -5.9% Pontiac G6 Orion 21 -99.7% 172 -98.4% Saturn Outlook Lansing 765 -24.7% 816 -58.4% FORD Ford F-Series Dearborn 32,895 39.3% 60,525 23.9% Ford Focus Wayne 13,708 38.4% 24,097 36.3% Ford Mustang Flat Rock 5,115 71.1% 9,862 66.2% CHRYSLER Chrysler Sebring Sterling Heights 3,160 118.2% 6,753 99.1% Dodge Avenger Sterling Heights 3,442 78.2% 6,576 60.3% Dodge Dakota Warren 891 -33.2% 1,885 -32.5% Dodge Ram Warren 10,267 -28.9% 20,224 -25.9% Dodge Viper Detroit 24 -48.9% 50 -71.3% Jeep Grand Cherokee Detroit 6,614 40% 9,925 26.4% Jeep Commander Detroit 2,202 125.2% 3,515 71.5% OTHERS Mazda6 Flat Rock 2,427 -30.9% 5,311 -12.1% Mitsubishi Raider Warren 2 -99.1% 4 -99.2% Source: Automakers, Autodata Corp. Read more February auto sales ( Wed, 03 Mar 2010 02:07:00 +0100) February auto sales U.S. light-vehicle sales totals, individual automaker results and market share for February compared with February 2009. FEBRUARY 2010 Maker volume % changefrom 2009 % mktshare YTDvolume % changefrom 2009 YTD %mkt share Ford 142,006 43.4% 18.2% 258,283 34.5% 17.5% GM 141,535 12.2% 18.1% 287,850 13.2% 19.5% Toyota 100,027 -8.7% 12.8% 198,823 -12.4% 13.4% Chrysler 84,449 0.5% 10.8% 141,592 -3.2% 9.6% Honda 80,671 12.7% 10.3% 148,150 3.9% 10% Nissan 70,189 29.4% 9% 132,761 22.8% 9% Hyundai 34,004 11% 4.4% 64,507 17% 4.4% Volkswagen 24,450 32.8% 3.1% 49,081 36.3% 3.3% Kia 24,052 9% 3.1% 46,175 4.5% 3.1% Subaru 18,098 38.3% 2.3% 33,709 33.3% 2.3% BMW 17,996 13.6% 2.3% 33,433 10.8% 2.3% Mazda 17,054 4.0% 2.2% 32,748 2.9% 2.2% Mercedes-Benz 15,387 8.0% 2.0% 30,556 23.6% 2.1% Mitsubishi 4,019 -10.4% 0.5% 8,189 -11.1% 0.6% Jaguar/Land Rover 2,793 11% 0.4% 5,382 4.0% 0.4% Porsche 1,531 0.9% 0.2% 3,317 4.4% 0.2% Suzuki 1,375 -60.7% 0.2% 3,415 -52.2% 0.2% Smart USA 442 -68.8% 0.1% 720 -77.4% 0% Maserati 104 76.3% 0% 205 32.3% 0% Ferrari 83 -10.8% 0% 151 5.6% 0% TOTAL 780,265 13.3% 100% 1,479,047 9.9% 100% GM includes Buick, Cadillac, Chevrolet, GMC, Hummer, Pontiac, Saab and Saturn. Ford includes Lincoln, Mercury and Volvo. Chrysler includes Chrysler, Dodge and Jeep. Volkswagen includes Audi and Bentley. BMW includes Mini and Rolls-Royce. Toyota includes Lexus and Scion. Honda includes Acura. Nissan includes Infiniti. Figures are not adjusted for selling days. Source: Autodata Read more UPDATE 1-Mitsubishi, Peugeot rule out capital tie-up ( Wed, 03 Mar 2010 08:18:28 +0100) * Capital alliance not realistic - Mitsubishi * Both chiefs confirm intention to expand business tie-up TOKYO, March 3 (Reuters) - Japanese carmaker Mitsubishi Read more Mitsubishi Motors, Peugeot rule out capital tie-up ( Wed, 03 Mar 2010 07:14:54 +0100) TOKYO, March 3 (Reuters) - Japanese carmaker Mitsubishi Motors Corp said on Wednesday it has agreed with its French partner PSA Peugeot Citroen that it Read more AUTOSHOW-Mitsubishi says PSA capital link not on agenda -paper ( Tue, 02 Mar 2010 21:44:18 +0100) * Mitsubishi/PSA tie-up not on the agenda * Two carmakers talk products and synergies PARIS, March 2 (Reuters) - Japanese carmaker Mitsubishi is in talks Read more
TABLE-Mitsubishi Feb U.S. vehicle sales off 10.4 pct ( Tue, 02 Mar 2010 20:41:59 +0100) March 2 (Reuters) - Following are Mitsubishi Motors Corp U.S. sales of cars and light trucks in February 2010 versus the same year-earlier month and for Read more BTG Pactual buys stake in Mitsubishi Brazil unit ( Mon, 01 Mar 2010 19:26:04 +0100) SAO PAULO, March 1 (Reuters) - BTG Pactual, the investment bank founded by billionaire Andre Esteves, said on Monday it agreed to buy a minority stake Read more
UPDATE 1-BTG Pactual bets on auto with Mitsubishi stake ( Mon, 01 Mar 2010 21:30:14 +0100) * BTG Pactual to buy stake in Mitsubishi Motors Brasil * Sees abundant credit boosting car market (Adds comments, Brazil automobile market data) By Elzio Read more
UPDATE 2-BTG Pactual bets on auto with Mitsubishi stake ( Tue, 02 Mar 2010 00:38:58 +0100) * BTG Pactual to buy stake in Mitsubishi Motors Brasil * Sees abundant credit boosting car market (Adds details on merchant banking unit in fourth paragraph) Read more
Mitsubishi Australia CEO Resigns ( Fri, 26 Feb 2010 20:29:06 +0100) Robert McEniry presided over a period of significant challenge for the subsidiary, including the tumultuous end of local production in 2008 and the transition into a distribution and retail company. Read more
Carmakers warm to frigid Canadian city as test site ( Wed, 10 Feb 2010 22:31:25 +0100) * Ford, Honda, Mazda, Mitsubishi testing engines * Jet-engine facility opening in autumn * City growing, testing at all-time high By Rod Nickel WINNIPEG, Read more
Mitsubishi Unsure of Future Galant, Eclipse Models ( Wed, 10 Feb 2010 14:11:21 +0100) The Galant sedan, last new as an 04 model, might shrink in size. But the future of the Eclipse, last all-new as an 06 and synonymous with Mitsubishi, is undetermined. Read more
TEXT-Fitch afms Bank of Tokyo Mitsubishi UFJ (India Branch) rtg ( Fri, 05 Feb 2010 12:49:44 +0100) (The following statement was released by the ratings agency) Feb 5 - Fitch Ratings has today affirmed the Bank of Tokyo Mitsubishi UFJ (India Branch)'s Read more
The 2010 Mitsubishi Lancer GTS, an AW Drivers Log: ( Thu, 04 Feb 2010 14:30:00 +0100) SENIOR EDITOR FOR NEWS BOB GRITZINGER: It's no wonder the Evolution is such a great car, with this car as a base. Read more
January auto sales ( Wed, 03 Feb 2010 04:10:00 +0100) January auto sales U.S. light-vehicle sales performance for January, compared to the same month a year ago. JANUARY Maker volume % changefrom 2009 % mktshare GM 146,315 14.1% 21% Ford 116,277 25% 16.7% Toyota 98,796 -15.8% 14.1% Honda 67,479 -5% 9.7% Nissan 62,572 16.1% 9% Chrysler 57,143 -8.1% 8.2% Hyundai 30,503 24.4% 4.4% Volkswagen 24,631 40.1% 3.5% Kia 22,123 0.1% 3.2% Mazda 15,694 1.8% 2.2% Subaru 15,611 28% 2.2% BMW 15,437 7.6% 2.2% Mercedes-Benz 14,733 41.1% 2.1% Mitsubishi 4,170 -11.8% 0.6% Jaguar/Land Rover 2,589 -2.6% 0.4% Suzuki 2,040 -44.2% 0.3% Porsche 1,786 7.7% 0.3% Smart USA 278 -84.3% 0.0% Maserati 101 5.2% 0.0% Ferrari 68 36.0% 0.0% Isuzu 0 -100.0% 0.0% TOTAL 698,346 6.3% 100.0% GM includes Buick, Cadillac, Chevrolet, GMC, Hummer, Pontiac, Saab and Saturn. Ford includes Lincoln, Mercury and Volvo. Chrysler includes Chrysler, Dodge and Jeep. Volkswagen includes Audi and Bentley. BMW includes Mini and Rolls-Royce. Toyota includes Lexus and Scion. Honda includes Acura. Nissan includes Infiniti. Figures are not adjusted for selling days. Source: Autodata Read more
Made in Michigan ( Wed, 03 Feb 2010 04:10:00 +0100) Made in Michigan Here is how vehicles assembled in Michigan sold last month. Note that some models are also made outside of Michigan. Vehicle City Jan. 2009 % change GENERAL MOTORS Buick Enclave Lansing 4,075 50.3% Buick Lucerne Detroit/Ham-tramck 1,740 -36.9% Cadillac CTS Lansing 2,565 -25.0% Cadillac DTS Detroit/Hamtramck 618 -54.6% Cadillac SRX Lansing 3,234 264.2% Cadillac STS Lansing 233 -43.6% Chevrolet Malibu Orion 16,439 76.5% Chevrolet Silverado Flint, Pontiac 22,772 -5.1% GMC Acadia Lansing 5,460 68.9% GMC Sierra Pontiac 7,271 -9.3% Pontiac G6 Orion 151 -93.9% Saturn Outlook Lansing 51 -94.6% FORD Ford Expedition Wayne 2,598 9.3% Ford F-Series Dearborn 27,630 9.5% Ford Focus Wayne 10,389 33.7% Ford Mustang Flat Rock 4,747 61.2% Lincoln Mark LT Dearborn 0 -100.0% Lincoln Navigator Wayne 726 9.7% CHRYSLER Chrysler Sebring Sterling Heights 3,593 84.9% Dodge Avenger Sterling Heights 3,134 44.4% Dodge Dakota Warren 994 -31.9% Dodge Ram Warren 9,957 -22.5% Dodge Viper Detroit 26 -79.5% Jeep Grand Cherokee Detroit 3,311 6.0% Jeep Commander Detroit 1,313 22.5% OTHERS Mazda6 Flat Rock 2,884 14.0% Mitsubishi Raider Warren 2 -99.2% Source: Autodata Read more
TABLE-Mitsubishi Jan U.S. vehicle sales off adj 4.5 pct ( Tue, 02 Feb 2010 23:16:32 +0100) Feb 2 (Reuters) - Following are Mitsubishi Motors Corp U.S. sales of cars and light trucks in January 2010 versus the same year-earlier month. Jan 2010 Read more
Mitsubishi Plans to Sell, Not Lease, i-MiEVs Battery ( Mon, 01 Feb 2010 13:19:00 +0100) For the near-term, the auto maker does not see battery-swapping, a trend taking shape in Europe, as viable due to the non-conformity of current EV batteries, a top executive says. Read more
Chicago dealer bullish on da Bears ( Mon, 01 Feb 2010 04:01:00 +0100) Mitsubishi dealer Scott Grove can't pinpoint precisely where his store's embrace of sports marketing ends and where his love for Chicago Bears football takes over. But in his view, they're one and the same. Read more