Mitsubishi Motors

Agreement Concluded for Mitsubishi Power to be Integrated into MHI

Retrieved on: 
Friday, July 30, 2021
Companies, Engines, Manufacturing, Mitsubishi companies, Anti-Japanese sentiment in Korea, Mitsubishi Heavy Industries, Mitsubishi Motors, MHI, General Electric

- Integration of business operations to MHI effective October 1, to vigorously advance "Energy Transition" solutions

Key Points: 
  • - Integration of business operations to MHI effective October 1, to vigorously advance "Energy Transition" solutions
    TOKYO, July 30, 2021 - (JCN Newswire) - As announced on May 10, Mitsubishi Heavy Industries, Ltd. (MHI) reached an agreement under which Mitsubishi Power, Ltd. will be integrated into MHI.
  • An absorption-type split agreement to integrate the two companies' business operations has now been concluded, whereby the business operations and employees of Mitsubishi Power will be taken over by MHI effective October 1, 2021.
  • Under the newly concluded agreement, the business operations and employees of Mitsubishi Power involved in the design, manufacture, sale, installation and engineering of thermal power generation systems will be transferred to MHI and integrated.
  • Even after integration with MHI, the "Mitsubishi Power" brand name, widely recognized around the globe, will continue to be used for overseas markets.

Mitsubishi Motors to Launch the All-New Outlander PHEV Model with a New-Generation PHEV System This Fiscal Year

Retrieved on: 
Friday, July 30, 2021
Cars, Motor vehicles, Car classifications, Electric vehicles, Mitsubishi Eclipse Cross, Plug-in hybrid, Mitsubishi Motors, Mitsubishi Outlander, Lynk & Co 01

TOKYO, July 30, 2021 - (JCN Newswire) - Mitsubishi Motors Corporation (MMC) will launch a plug-in hybrid (PHEV) model of the all-new Outlander(1), a crossover SUV, fully evolved with a new-generation PHEV system.

Key Points: 
  • TOKYO, July 30, 2021 - (JCN Newswire) - Mitsubishi Motors Corporation (MMC) will launch a plug-in hybrid (PHEV) model of the all-new Outlander(1), a crossover SUV, fully evolved with a new-generation PHEV system.
  • With improved motor output and increased battery capacity over the current model, the all-new Outlander PHEV model delivers more powerful road performance and greater driving range.
  • Since the launch of the Outlander PHEV, it has been sold in more than 60 countries around the world and is a leader in the PHEV category.
  • MMC announced a three-year business plan in July 2020 to introduce more competitive and cutting-edge models, including the Eclipse Cross PHEV (PHEV model), the all-new Outlander and the all-new Triton/L200.

Global Elevator & Escalator Market Outlook Report 2021-2026 - ResearchAndMarkets.com

Retrieved on: 
Thursday, July 29, 2021
Other Construction & Property, Construction & Property, Other Manufacturing, Manufacturing, Companies, Manufacturing, Secondary sector of the economy, Mitsubishi companies, Elevator, Escalator, Fujitec, Cibes Lift, Hitachi, Stannah Lifts, Mitsubishi Electric, Mitsubishi Motors

The "Global Elevator & Escalator Market Outlook, 2026" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Elevator & Escalator Market Outlook, 2026" report has been added to ResearchAndMarkets.com's offering.
  • 'Global Elevator & Escalator Market Outlook, 2026' offers a valuable insight with an emphasis on the global market from the period of 2015 to 2026.
  • The report covers a detailed study on market drivers, restraints, opportunities, and challenges that are affecting the growth of this industry.
  • Other considerable players in the market are Mitsubishi Electric, Hitachi Ltd, Fujitec Co., Ltd, Sigma Elevator Company, Hyundai Elevator Company, Toshiba Corporation, Stannah, Gulf Elevator & Escalator Co. Ltd., Kleemann Hellas SA, Sicher Elevator Co., Cibes Lift Group AB, etc

Mitsubishi Eclipse Cross Wins AutoPacific 2021 Vehicle Satisfaction Award

Retrieved on: 
Thursday, July 29, 2021
Cars, Car classifications, Motor vehicles, Hatchbacks, Mitsubishi Eclipse Cross, Mitsubishi Motors, Mitsubishi Eclipse, Crossover, Sport utility vehicle

FRANKLIN, Tenn., July 29, 2021 /PRNewswire/ -- Mitsubishi Motors North America, Inc. (MMNA), today announced its popular Mitsubishi Eclipse Cross has won AutoPacific's coveted 2021 Vehicle Satisfaction Award (VSA) in the compact crossover SUV segment.

Key Points: 
  • FRANKLIN, Tenn., July 29, 2021 /PRNewswire/ -- Mitsubishi Motors North America, Inc. (MMNA), today announced its popular Mitsubishi Eclipse Cross has won AutoPacific's coveted 2021 Vehicle Satisfaction Award (VSA) in the compact crossover SUV segment.
  • Owners of the 2020 model-year Mitsubishi Eclipse Cross rated their cars higher overall than owners of any other vehicle in the segment.
  • Now in its 25th year, and based solely on owner input, AutoPacific's Vehicle Satisfaction Award measures owner satisfaction within individual categories ranging from driving performance and features' usability to seating comfort and interior design.
  • While the AutoPacific award was bestowed upon the 2020 model, the company believes the 2022 Eclipse Cross will repeat this success, having just undergone a substantial redesign.

Mitsubishi Electric Announces Consolidated Financial Results for the First Quarter of Fiscal 2022

Retrieved on: 
Thursday, July 29, 2021
Other Energy, Hardware, Energy, Consumer electronics, Technology, Automotive Manufacturing, Semiconductor, Manufacturing, Mitsubishi Motors, Nissan, Renault–Nissan–Mitsubishi Alliance, Net income, Companies, Business, Economy

China also continued to see recovery primarily in export and manufacturing since the first half of the previous fiscal year.

Key Points: 
  • China also continued to see recovery primarily in export and manufacturing since the first half of the previous fiscal year.
  • As a result, the financial results for the first quarter improved significantly from the same period of the previous fiscal year that experienced a serious impact of COVID-19.
  • Operating profit ratio improved by 5.4% from the same period of the previous fiscal year to 7.8%.
  • Net profit attributable to Mitsubishi Electric Corporation stockholders increased by 43.9 billion yen from the same period of the previous fiscal year to 61.8 billion yen due mainly to increased profit before income taxes.

Mitsubishi Motors to Launch the All-New Outlander PHEV Model with a New-Generation PHEV System This Fiscal Year

Retrieved on: 
Thursday, July 29, 2021
Cars, Motor vehicles, Car classifications, Electric vehicles, Mitsubishi Eclipse Cross, Plug-in hybrid, Mitsubishi Motors, Mitsubishi Outlander, Lynk & Co 01

FRANKLIN, Tenn., July 29, 2021 /PRNewswire/ -- Mitsubishi Motors Corporation (MMC) will launch a plug-in hybrid (PHEV) model of the all-new Outlander1, a crossover SUV, fully evolved with a new-generation PHEV system.

Key Points: 
  • FRANKLIN, Tenn., July 29, 2021 /PRNewswire/ -- Mitsubishi Motors Corporation (MMC) will launch a plug-in hybrid (PHEV) model of the all-new Outlander1, a crossover SUV, fully evolved with a new-generation PHEV system.
  • With improved motor output and increased battery capacity over the current model, the all-new Outlander PHEV model delivers more powerful road performance and greater driving range.
  • Since the launch of the Outlander PHEV, it has been sold in more than 60 countries around the world and is a leader in the PHEV category.
  • MMC announced a three-year business plan in July 2020 to introduce more competitive and cutting-edge models, including the Eclipse Cross PHEV (PHEV model), the all-new Outlander and the all-new Triton/L200.

Mitsubishi Electric Announces Replacement of President & CEO, Changes to Representative Executive Officer and Executive Officer

Retrieved on: 
Wednesday, July 28, 2021
Rail, Technology, Transport, Manufacturing, Other Manufacturing, Hardware, Companies, Mitsubishi companies, Economy of Japan, Manufacturing, Mitsubishi Motors, Mitsubishi

Mitsubishi Electric Corporation (TOKYO: 6503) announced today that in light of a series of issues in Mitsubishi Electric Group, namely the quality-related conduct disclosed on June 30 and July 2, 2021, pertaining to HVAC (Heating, Ventilation and Air Conditioning systems) for railcars, among others, Director, Representative Executive Officer, President & CEO Takeshi Sugiyama will resign as of July 28, 2021.

Key Points: 
  • Mitsubishi Electric Corporation (TOKYO: 6503) announced today that in light of a series of issues in Mitsubishi Electric Group, namely the quality-related conduct disclosed on June 30 and July 2, 2021, pertaining to HVAC (Heating, Ventilation and Air Conditioning systems) for railcars, among others, Director, Representative Executive Officer, President & CEO Takeshi Sugiyama will resign as of July 28, 2021.
  • In addition, at an extraordinary meeting of the Board of Directors held on July 28, 2021, resolutions were made concerning a successor to the positions of President & CEO and Representative Executive Officer, as well as with regard to the executive officer structure.
  • As such, at an extraordinary meeting of the Board of Directors held on July 28, 2021, Mitsubishi Electric made resolutions pertaining to the successor to the positions of President & CEO and Representative Executive Officer, and concerning the executive officer structure.
  • Under the leadership of the new President & CEO and Executive Officers, Mitsubishi Electric will investigate the root causes of the series of improper quality-related conduct, and will also promote reform of the companys corporate culture while striving to recover trust from all stakeholders.

Mitsubishi Tanabe Pharma America and Target ALS Announce Call for Nominations for First Annual Rebecca Luker Courage Award

Retrieved on: 
Tuesday, July 27, 2021
Companies, Mitsubishi companies, Economy of Japan, Economic history of Japan, Mitsubishi Tanabe Pharma, Mitsubishi Motors, Pharma, Luker, Mitsubishi

JERSEY CITY, N.J., July 27, 2021 /PRNewswire/ -- Mitsubishi Tanabe Pharma America, Inc. (MTPA) and Target ALS today announced the establishment of the inaugural Target ALS Rebecca Luker Courage Award.

Key Points: 
  • JERSEY CITY, N.J., July 27, 2021 /PRNewswire/ -- Mitsubishi Tanabe Pharma America, Inc. (MTPA) and Target ALS today announced the establishment of the inaugural Target ALS Rebecca Luker Courage Award.
  • We are tremendously honored to present the Target ALS Rebecca Luker Courage Award to members of the ALS community who tackle seemingly impossible challenges with a tenacious spirit."
  • During the months of July, August and September, community members can nominate individuals for the Rebecca Luker Courage Award by visiting www.TargetALS.org .
  • About Mitsubishi Tanabe Pharma America, Inc.
    Based in Jersey City, N.J., Mitsubishi Tanabe Pharma America, Inc. (MTPA) is a wholly-owned subsidiary of Mitsubishi Tanabe Pharma Corporation's (MTPC) 100 percent owned U.S. holding company, Mitsubishi Tanabe Pharma Holdings America, Inc.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Mitsubishi Electric Corporation – MIELY

Retrieved on: 
Tuesday, July 27, 2021
Abraham Pomerantz, Mitsubishi companies, Pomerantz, Mitsubishi Motors, Companies, Automotive industry, Cars

NEW YORK, July 26, 2021 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Mitsubishi Electric Corporation (Mitsubishi or the Company) (OTCMKTS: MIELY).

Key Points: 
  • NEW YORK, July 26, 2021 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Mitsubishi Electric Corporation (Mitsubishi or the Company) (OTCMKTS: MIELY).
  • Such investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext.
  • The investigation concerns whether Mitsubishi and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions.

Redesigned 2022 Mitsubishi Eclipse Cross Achieves 5-Star Overall Safety Rating In NHTSA Crash Testing

Retrieved on: 
Tuesday, July 20, 2021
Cars, Motor vehicles, Car classifications, Hatchbacks, Sport compact cars, Convertibles, Mitsubishi Eclipse, Mitsubishi Motors

FRANKLIN, Tenn., July 20, 2021 /PRNewswire/ -- Mitsubishi Motors North America, Inc. (MMNA) today announced the redesigned and sporty 2022 Mitsubishi Eclipse Cross has received a 5-Star Overall Safety Rating from the National Highway Traffic Safety Administration (NHTSA).

Key Points: 
  • FRANKLIN, Tenn., July 20, 2021 /PRNewswire/ -- Mitsubishi Motors North America, Inc. (MMNA) today announced the redesigned and sporty 2022 Mitsubishi Eclipse Cross has received a 5-Star Overall Safety Rating from the National Highway Traffic Safety Administration (NHTSA).
  • Whether fitted with front-wheel drive or Mitsubishi's patented Super All-Wheel Control,2 all variants of the 2022 Eclipse Cross received 5-Star ratings.
  • "We work every day to design, engineer and build safe and reliable vehicles, as proven by this 5-Star safety rating recognition by NHTSA for the 2022 Eclipse Cross," said Cason Grover, director, product planning, MMNA.
  • "The 2022 Eclipse Cross offers consumers fresh styling, updated technology and connectivity and stirring performance, as well as top-level quality and safety scores."