source:Corism

Mr.Michiro Imai, President of Mitsubishi Motors (Thailand) co., Ltd. announced to launch new Mitsubishi Triton that comes with more tough and luxury design , smart and strong from its new front grille and its cargo bed that is 57-millimeter higher than the current model in order to increase its loading capacity but still keep fully outstanding features of high performance, comfortable and safety .For the first phase the company will introduce 2 models including Mega cab (Plus and 4WD) and Single Cab and the other models will place in market early next year.

Besides the launching of the New Mitsubishi Triton, the company also introduce one more new special model “ Mitsubishi Triton gasoline engine” to be a choice for customers. The special model comes with the outstanding look from its High-raise style and 2400 cc. gasoline engine that can run on gasohol E10. The car is available in 2 styles which are Single Cab 2.4 GL and PLUS Double Cab 2.4 GLX model.

“ Mitsubishi had official launched Mitsubishi Triton to Thai market since August 2005. And from its outstanding features as “an avant-garde innovation” creating a new trend for pickups in Thailand, the toughness of suspension and power from hyper common rail engine made it was well accepted among customers both in Thailand and worldwide proven from domestic total sales volume at 77,000 units and export volume more than 400,000 units . At the same time Triton has received more than 10 awards both domestically and internationally. With its new development and innovations not only stylish design and technological advancements but down to all other functions together with introduction of gasoline engine in order to meet customers’ need, I strongly believe that the new Mitsubishi Triton will get warm welcome and to be successful as in the past.” said by Mr.Imai.

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Mitsubishi Motors Corporation (MMC) announced today the signing of a contract with Malaysia’s major automobile manufacturer, Perusahaan Otomobil Nasional Sdn Bhd (PONSB)^*1, covering the technology for, as well as the development and production of, a new PROTON vehicle. In addition, the contract will grant a license to the Malaysian automaker to manufacture a new Mitsubishi vehicle based product.

Through this and other collaboration projects in the fields of development and production, MMC aims to expand its Malaysian business beyond the current export shipments of built-up cars from Japan to that nation. For its part, PONSB aims to work with MMC to expand its model lineup as well as to raise quality levels and make more effective use of its production plant.

The two companies are also continuing to study other mutually beneficial avenues of collaboration.

^*1 A wholly owned subsidiary of PROTON Holdings Berhad

Debut in Motor Expo 2008 Thailand,It was changed a grille and bed lid little bit.

Mitsubishi Motors Corp. said today it swung into the black during the April-September period for the first time in six years, while the surging yen limited Mazda, an affiliate of Ford Motor Co., to a modest gain in profit.

Buffeted by the global financial crisis, both automakers slashed some of their forecasts for the fiscal year ending March 31, 2009. Mazda Motor Corp. revised down net profits, while Mitsubishi lowered forecasts for sales and operating profits.

Mitsubishi, Japan’s No. 4 automaker, posted a net profit of $131.5 million, a sharp turnaround from the roughly $57.5 million loss it incurred last year as restructuring costs receded and it deployed a more profitable mix of models. The company said it had not posted a profit during the first half since the 2002 fiscal year.

Operating profit rose 35% to $261 million despite higher raw materials costs and a stronger-than-expected yen. Sales fell 8% to $12.4 billion as the global slowdown sapped consumer demand.

“The global financial crisis is impacting the automobile industry as seen in a weakening of consumer confidence and in the effects of the credit crunch,” Mitsubishi said in a statement.

“It is clear that there will be a significant drop in overall demand in the mature economies of Europe and North America and also that there will be a slowdown in the economies of many of the emerging nations that have until recently have been relatively buoyant.”

Mitsubishi, which makes the Eclipse sports coupe and Galant sedan, sold 602,000 vehicles worldwide during the first half, a 13% decline from the 691,000 units it sold last year, the company said.

Hiroshima-based Mazda, Japan’s fifth-largest automaker, reported a $299 million profit in the first half of the fiscal year, up only slightly from last year as the surge in the yen countered vehicle sales gains in Europe and China.

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Mitsubishi Motors Corp. and trading house Mitsubishi Corp. said Monday they will set up a fifty-fifty joint venture in China to import and sell vehicles of the Japanese automaker.

Aiming to meet growing demand in China, the two companies said they plan to establish the new company, Mitsubishi Motor Sales (China) Co., in Shanghai in April 2009 with a capital of 3 billion yen, after obtaining approval from Chinese authorities.

In China, Mitsubishi Corp.’s local unit had been importing and selling Mitsubishi vehicles since 2005.

In line with shifting operations to the new company, the two companies said they will allocate more of their workforce to the joint venture to strengthen their marketing power and relationship with local dealers as well as improve after-sales services.

Mitsubishi Motors’ sales in China have been rapidly expanding in recent years, reflecting the nation’s fast-growing economy. In fiscal 2007, Mitsubishi Motors sold 11,537 vehicles in China, up 179 percent from a year earlier.

Although its sales have slowed somewhat this year, Mitsubishi Motors said the Chinese market for imported cars is expected to grow further.

Mitsubishi has already released its first major addition to its performance flagship, the Lancer Evolution X.

Mitsubishi have tacked on a pair of Recaro front pews, a nine-speaker Rockford Fosgate stereo and HDD sat-nav system to the GSR and called it the GSR-Premium, which now takes up a position at the top of the Evo tree.

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Hindustan Motors has launched Japanese auto major Mitsubishi’s sports utility vehicle (SUV) Outlander in India. Kolkata-based Hindustan Mototrs plans to assembled the vehicle at its Chennai plant under licence from Mitsubishi.

With an ex-showroom price of Rs20.20 lakh, this sports utility vehicle is expected to compete with the Honda CRV.

Outlander is an ‘all wheel control’ (AWC) sports utility vehicle that supports 16 valve MIVEC (Mitsubishi Innovative Valve Timing and Electronic Control system) petrol engine. It supports advanced control systems, safety and luxury features.
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Next Generation Colt
- Junior ! –

Hot on the heels of the all-new Lancer family, the next generation Colt – unveiled today at the Paris Motor Show – confirms Mitsubishi Motors Europe strategic expansion into the passenger car market with a full line-up of sharply designed quality products sporting its signature “Jet Fighter” grille.

Depending upon the market, the next generation Colt (except Clear Tec variants*) will be launched in Europe in October / November 2008.

As previously the case, all cars will be built at Mitsubishi Motors’ NedCar plant in Born (The Netherlands) with a start of production scheduled for this month.

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Nissan Motor Co., Ltd. today announced the addition of KIX to complement its minicar portfolio. KIX, a sport utility vehicle, is scheduled for release in end-October in Japan.

The name “KIX” derives from the term “kicks”, a reference to irreverent fun, and the X-factor for the extreme and adventurous spirit.

KIX is supplied to Nissan by Mitsubishi Motors Corporation under an OEM agreement.

KIX teaser website will go live on September 30: http://www.nissan.co.jp/KIX/NEW/

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