mitsubishi motors - updates

Rappler's latest stories on mitsubishi motors

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Renault warns Nissan it will block governance reshuffle

Jun 10, 2019 - 10:17 PM

(UPDATED) Renault reportedly fears the overhaul will reduce its influence in Nissan, and ties between the partners have already frayed since Carlos Ghosn's arrest and skepticism at the Japanese automaker

Renault, Nissan, Mitsubishi unveil new joint board post-Ghosn

Mar 12, 2019 - 5:20 PM

'We have decided to join our forces again, to enhance the strength of our collaboration,' says Renault Chairman Jean-Dominique Senard

JOINT BOARD. Nissan Motors president and CEO Hiroto Saikawa (C), Renault chairman Jean-Dominique Senard (L) and Mitsubishi Motors chairman and CEO Osamu Masuko (R) take their seats at the start of a press conference at the Nissan headquarters in Yokohama, Kanagawa prefecture on March 12, 2019. Photo by Behrouz Mehri/AFP

Ghosn out on bail after more than 100 days

Mar 06, 2019 - 6:50 PM

Former Nissan chief Carlos Ghosn leaves the detention center in northern Tokyo flanked by guards, wearing a blue cap, a white medical face mask, and a work jacket with orange reflective stripes

ON BAIL. Former Nissan chairman Carlos Ghosn leaves the Tokyo Detention House following his release on bail in Tokyo on March 6, 2019. Photo by Jiji Press/AFP

Ex-Nissan chief Carlos Ghosn makes fresh bail request

Feb 28, 2019 - 6:27 PM

It is the first bail request filed by the 64-year-old since he shook up his legal team as he crafts his defense to 3 charges of financial misconduct

BAIL REQUEST. This file photo taken on September 15, 2017 shows then-Renault-Nissan chairman and CEO Carlos Ghosn gesturing as he addresses a press conference in Paris. File photo by Eric Piermont/AFP

Nissan taps new Renault boss to replace Ghosn on board

Feb 05, 2019 - 7:37 PM

The decision to turn over Carlos Ghosn's board seat to Jean-Dominique Senard must still be ratified by shareholders, and the company says it has set an April 8 date for an extraordinary shareholders' meeting

NEW LEADERS. French carmaker Renault's newly appointed board chairman Jean-Dominique Senard (L) delivers a speech next to new chief executive Thierry Bollore during a press conference at the headquarters of the French car manufacturer Renault in Boulogne Billancourt, near Paris on January 24, 2019. File photo by Eric Piermont/AFP

Ghosn 'faces new underreporting charge worth $35M'

Dec 05, 2018 - 2:07 PM

Reports say Tokyo prosecutors plan to 'rearrest' the business tycoon along with his right-hand man and former Nissan representative director Greg Kelly by Monday, December 10

GHOSN. In this file photo taken on May 12, 2011, Carlos Ghosn, president of Nissan Motors, speaks at a news conference to announce the company's fiscal year 2010 earnings in Yokohama. File photo by Kazuhiro Nogi/AFP

Japan court extends Ghosn detention

Nov 30, 2018 - 9:03 PM

A Tokyo court extends the detention of former Nissan chief Carlos Ghosn. This means the 64-year-old tycoon could remain in a Tokyo cell until December 10.

A man looks at a television showing a news programme featuring former Nissan chief Carlos Ghosn (L) and representative director Greg Kelly (R) in Tokyo on November 30, 3018. A Tokyo court on November 30 extended the detention of former Nissan chief Carlos Ghosn, local media said, after his arrest on allegations of financial misconduct that have shaken the auto industry. Kazuhiro NOGI / AFP

Mitsubishi Motors sacks Ghosn as chairman

Nov 26, 2018 - 11:29 AM

(UPDATED) The move follows Carlos Ghosn's ouster as Nissan chairman, as he faces allegations that he underreported his salary and misused corporate funds

CARLOS GHOSN. Chairman and CEO of Renault-Nissan-Mitsubishi Carlos Ghosn. File photo by Ludovic Marin/AFP

Japan steel scandal grows as more carmakers hit

Oct 11, 2017 - 4:15 PM

The carmakers are assessing vehicles with products from Kobe Steel, which admitted falsifying data linked to the strength and quality of its products

An employee of Toyota Motor's subsidiary Toyota Motor Kyushu assembles a new 2-litre gasoline turbo engine '8AR-FTS' at the Kanda Plant in Kanda, Fukuoka Prefecture, on August 7, 2014. Toyota said on August 5 its net profit in the three months through June came in at a record USD 5.7 billion, with the rise largely thanks to cost-cutting and a weak yen. AFP PHOTO / Toru YAMANAKA / AFP PHOTO / TORU YAMANAKA

Mitsubishi Motors to post $480M loss over fuel-cheat scandal

Jun 17, 2016 - 5:08 PM

The scandal – reported to cover almost every model sold in Japan since 1991 – also includes mini cars produced by Mitsubishi for Nissan as part of a joint venture

MITSUBISHI. A picture dated October 27, 2015 shows Mitsubishi vehicles reflected on a mirror at Mitsubishi Motors Corp.'s headquarters in Tokyo, Japan. File photo by Franck Robichon/EPA

BDO nets record income in 2015: P25B

Apr 22, 2016 - 6:54 PM

But income for the first quarter of 2016 is down by 9 8 on trading and foreign exchange losses

DETAILING EARNINGS. BDO's Board of Directors give stockholders an in-depth look at the bank's recent performance at its 2016 Annual Stockholders' Meeting held in Makati on April 22. Photo by Chris Schnabel/Rappler

Mitsubishi to invest P4.3B to build Mirage models in PH

Feb 10, 2016 - 9:50 PM

The move allows Mitsubishi to join the CARS Program says its global chairman who met with President Aquino in Manila

DTI: Third-party probe on Montero mess to start February

Jan 08, 2016 - 9:11 AM

The trade department is inclined to choose either Bureau Veritas or TUV – both German companies – to conduct the investigation

INDEPENDENT PROBE. Mitsubishi says a credible third party should resolve the issue of sudden unintended acceleration. Image from Mitsubishi Cars Philippines website

DTI orders third party to settle Montero Sport issue

Dec 17, 2015 - 8:05 PM

But Mitsubishi PH still faces a separate complaint filed by a DTI bureau for selling a defective product

WELCOME RECOMMENDATION. Mitsubishi PH says it welcomes the decision of DTI to have a third party settle the supposed SUA issue on Montero Sport. Image from Mitsubishi Cars Philippines website

Mitsubishi PH: Third party must settle Montero Sport issue

Dec 08, 2015 - 3:29 PM

Mitsubishi says a credible third party should resolve the issue of sudden unintended acceleration

NO TO RECALL. Mitsubishi Motors Philippiines Corporation (MMPC) says on Tuesday, December 8, 2015 says having a third party would help settle the opposing views of the complainants and the vehicle's distributor, and a reported possible recall order from the Department of Trade and Industry (DTI) over the sudden intended accelerator issue. Image from Mitsubishi Cars Philippines website

Mixed sentiments on PH automotive industry plan

Jun 03, 2015 - 5:31 PM

Some say the Comprehensive Automotive Resources Strategy program is not enough for the country to compete with other ASEAN countries

BETTER FOOTING. The Motor Vehicle Parts Manufacturers Association of the Philippines says local assemblers and manufacturers can have a better footing in the international arena because of the new auto industry plan. File photo by Chris Schnabel/Rappler

Aquino okays new PH automotive industry plan

Jun 02, 2015 - 1:40 PM

Philippine trade officials forecast that the new automotive industry plan will generate an estimated P300 billion in economic activity

The Philippines aims to become a regional automotive production hub by offering fiscal and non-fiscal perks to automakers. File photo by Romeo Gacad/AFP

Carmakers to DENR: Stick to 2016 fuel standards deadline

Mar 21, 2015 - 9:47 PM

The government s announcement moving up the deadline for cleaner fuel is putting automakers in a dilemma

automakers facign dilemma over deadline push

Mitsubishi Motors acquires 90% stake in PH transmission supplier

Jun 28, 2014 - 10:25 AM

The acquisition is aligned with the company’s mid term thrust to reinforce its production base in ASEAN countries

Car sales up 25.4% in March

Apr 11, 2014 - 1:25 PM

Car sales in March driven by new models and aggressive marketing exceed expectations

PH auto industry aims to pick up where Thailand left off

Jan 11, 2012 - 4:06 PM

Representatives of the domestic vehicle and parts manufacturing sector want the Philippine automotive industry to take advantage of gaps created by disruptions in production in Thailand