2014 Mitsubishi Mirage CRASH TEST
After struggling for years of low sales and countless setbacks, Mitsubishi Motors Corporation MMC announced that Nissan has planted up to 237 billion yen, or 2 28 billion at current exchange rates for October 20, 16 purchase of 34 percent of its shares, the discount Nissan majority stake MMC agreement will allow both companies to create a synergy between several departments and significantly reduce annual costs, while promoting the sharing of vehicle platforms and new technologies.
The agreement should also bring Mitsubishi needed resources as it scrambles to deal with revelations that the automaker has cheated on fuel economy data.
The acquisition was announced in May, after the story of fuel economy Mitsubishi scandal that erupted in April The deal was recently finalized.
Taking the post of elected president Carlos Ghosn, the current CEO of Renault and Nissan, a role that should suit him given his experience with the Renault-Nissan Alliance.
Mitsubishi CEO and president, Osamu Masuko, remaining on his current position, despite some calling for his resignation after the scandal Mitsubishi odometer.
As part of our board of directors and the management team, Nissan will help restore our customers' confidence in our business and maximize future potential synergies through our deeper alliance, Masuko said in a press press.
Ghosn justified Masuko remain in a joint briefing, saying, This sends a strong message that it is not going to transform Nissan s Mitsubishi, Mitsubishi is happening transform Mitsubishi.
The press release on the Mitsubishi deal States, Nissan and MMC begin to cooperate on a broad synergy program on building an alliance of five minibuses between the two companies.
identified synergies include reducing purchasing costs, the use of joint facilities, shared platforms vehicles and sharing technology, which should include both autonomous driving and hybrid powertrains.
Common cost reductions are estimated to save about Mitsubishi 25 billion yen per year, with the economy Nissan about 24 billion yen in 2017.
Unlike other Japanese manufacturers that focus on expanding their ranges, Mitsubishi has taken the opposite route recently reduced its offers only a handful of models with Start set to bow at the end of the year, the Mitsubishi range will include four nameplates in the United States, plus three more in other markets around the world Nevertheless, the current focus of the brand seems to be on the concept car, with a Featured new layout at the World 2016 Paris Show.
Called the GT-PHEV where GT is tourer ground, the new concept vehicle is described as a top new generation of SUV range that easily takes many road surface conditions in its stride This statement sounds as if Mitsubishi plans to move to the high-end market with a new large constituency of people hauler, but until further information becomes available, the GT-PHEV is just another concept car in a long line of experimental vehicles that Japanese brand has unveiled in recent years.
You see, Mitsubishi has launched more than producing cars since 2013 concepts all started with the XR-PHEV, which was followed by the XR-PHEV II more ready for production, the eX and GC-PHEV XR GC and GT are all hybrids, while the eX presented an all-electric drivetrain watching these concepts, Mitsubishi would complete crossover range should all be approved for production, but is unlikely to happen anytime soon during this time the company has the GT-PHEV to boast and that's the model we will analyze below.
Continue reading to learn more about the GT-Mitsubishi PHEV Concept.
Start the GT-PHEV concept offers insight into the next generation Outlander.
Currently, most people in the industry know the joke about Mitsubishi as a leading authority in the construction of the world's SUV concepts The Japanese automaker has actually made a specialty of sorts, if you can believe since 2013, Mitsubishi has unveiled SUV concept that real, real life SUVs There was the XR-PHEV, which gave way to a concept on the XR-PHEV II It was the EX, the GC-PHEV, and today at the Paris Motor Show, the GT-PHEV at this stage, a final game for all Mitsubishi SUV concepts should be to the right.
Fortunately, there is the long term strategy of Mitsubishi has always been based on the goal of becoming a leader in the SUV market Two of the aforementioned SUV concepts should arrive in the form of production in the near future concept XR-PHEV II, for example, would be arriving in 2017 as the Outlander Sport, while the production version of the concept eX will be packaged as a small crossover to rival the Nissan Juke No timetable has been set for this model, but it is believed that this model is due for a call-up production when the Outlander Sport is released.
The GT-PHEV concept's say hello to the world in Paris is probably waiting in the long term the group It's been presented as a preview version of the new generation Outlander, which is not expected to be released until 2018 at the good news early is that the wheels are churning supposedly in Mitsubishi aims to bring these concepts to life SUV.
Offers Lancer Evolution farewell while feeding the hungry.
The latest Mitsubishi Lancer Evolution product in North America was sold at auction for 76,000, the Japanese automaker unveiled the car in question is today a final edition version, which was launched for the 2015 model with only badging, a color palette limited and numbered plaque for each of the 1600 examples the product of the auction will benefit Feeding America San Bernardino and Riverside Second Harvest Food Bank of orange County, both of which are part of the power in America, a food rescue organization, non-profit relief and hunger.
This was the second Lancer Final Evolution edition auctioned for charity, with the former being the first example of the production of 1600 units No. 1 car was used to raise money for the National Society MS and was sold for 46,200 Together, the two performance saloons raised a total of 122,600 for charity.
Introduced in 1992, the Mitsubishi Lancer Evolution was abandoned in 2016 after 10 generations The last model presented a turbocharged, 2 0 liter four-cylinder rated at 303 horsepower and 305 lb-ft of torque The cars are equipped with all-wheel -drive , Bilstein and Eibach suspension and Brembo brakes.
Although there have been rumors of a successor in recent years, Mitsubishi said that the plate will not return anytime soon, however, the Japanese brand said it explores the possibilities of high-performance models that integrate more likely electric motors, Mitsubishi s following performance sedan will be a hybrid.
Lancer Evolution began in 1992 as a car only in Japan, but quickly gained strong popularity in other markets in 1998, Mitsubishi began shipping the car in the UK and Europe, but for us to get here in the United States it took 11 years and the great success of its main rival, the Subaru Impreza WRX STi Finally, in 2003, Mitsubishi Lancer stateside, and the sport sedan market in this great country ours forever changed It's 13 years that the EVO landed here and Mitsubishi has pulled the plug on it, make a final run of just 1600 models was baptized final edition on the day the news broke was very sad, but something good comes out of it as the last Lancer EVO No products US1600 is being auctioned off with all proceeds going to charity.
While a lucky person will have the pleasure of owning the latest Lancer EVO ever built, Feeding America Riverside and San Bernardino counties Second Harvest Food Bank of Orange County will share the right product in the middle This is part of being in September Hunger Action month and will ultimately help feed many people According to feeding America Riverside, every dollar it receives supplies of food for nine people.
Don Swearingen, executive vice president and ECO MMNA said Mitsubishi Motors is proud to be alongside our food local banks members Feeding America to help raise funds and awareness in support of the action month against hunger we not only want to honor American Start Run historical evolution, but also make a difference in our local community by expanding nationally to reach the auction as we say goodbye to a model that has long was the pulse of Mitsubishi, we are committed to do our part to help chase hunger.
If you are interested in bidding on the final EVO, which includes a number plate that reads US1600, you can consult the auction on eBay has already been posted and will run for a week ending September 15 At the time of this writing an offer has already been set to 46200, and you can bet there will be more before the digital hammer drops next week.
Keep reading to hear more about the Lancer Evo final ever built.
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Mitsubishi Cars Specifications Pricing Photos @ Top Speed, Mitsubishi, cars, Feeding America Riverside, Riverside Bernardino America.