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UK Government reveals the nine electric car models that will be eligible for eco-friendly grants

The UK Government has revealed the first set of vehicles eligible for the new ‘Plug-In Car Grant’. Transport Secretary Philip Hammond and Business Minister Mark Prisk announced the milestone which could make 2011 the year of the electric car for the UK - and revealed five more regions that will be installing local charging points having successfully bid for a share of a £20m fund. From 1 January 2011, motorists will be entitled to a Plug-In Ca... [more]

New joint venture for Mitsubishi and Guangzhou Automobile Group in China

Mitsubishi Motors Corporation (MMC) and Guangzhou Automobile Group Co., Ltd. (GAC Group), each holding a 14.59% and 29.0% stake in GAC Changfeng Motor Co. Ltd. (GAC Changfeng) respectively, have signed a Memorandum of Understanding (MOU) to make GAC Changfeng into a new limited partnership corporation (new joint venture) owned 50% each by MMC and GAC Group. Based on the MOU, both MMC and GAC Group will proceed to deliberate on models to be int... [more]

Mitsubishi launches North American version of its i-MiEV new-generation electric vehicle at LAAS

Mitsubishi Motors Corporation (MMC)'s world premiere of the North American version of its i-MiEV new-generation electric vehicle will take place at the LA AUTO SHOW (LAAS) held at the Los Angeles Convention Centre later this month. In addition, the Outlander Sport compact CUV (RVR in Japan, ASX in Europe), which is to go on sale in the North American market from the end of this year as well as other core vehicles for the North American market are... [more]

Mitsubishi and PSA Peugeot Citroën partner to develop an electric version of Peugeot Partner and Citroën Berlingo LCVs

Mitsubishi Motors Corporation (MMC) and PSA Peugeot Citroën have signed an agreement to start the technical development of an electric version of Peugeot Partner and Citroën Berlingo LCVs built at the PSA Vigo plant in Spain. Under this new cooperative agreement, both partners will specify all technical and industrial aspects to be able to commence production of these electric versions by the end of 2012. This signature is a continuation of... [more]

Mitsubishi announces pricing and specification of ASX urban crossover vehicle

Mitsubishi Motors (UK) has announced the pricing and specification of its all-new urban crossover vehicle, the ASX. Mitsubishi’s Managing Director, Lance Bradley, commented that “This is the right car, at the right time, at the right price and specification. The CO2 reducing technologies will appeal to fleets, user-choosers and retail customers alike – indeed, early customer reaction has been very positive with advance orders already taken. ... [more]


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Mitsubishi Electric Develops All-SiC Inverter with High Power Density
Mitsubishi Electric Corporation announced today it has developed a prototype forced-air-cooled three-phase 400V output inverter with all-silicon carbide power modules that has a power density of 50kVA per liter.

Mitsubishi Electric Chosen by Volvo to Develop Advanced Infotainment Technology
Mitsubishi Electric Corporation announced today it has been chosen by Volvo Car Corporation as a partner to develop next-generation automotive infotainment systems for

Mitsubishi Electric Visual Solutions America Brings Cinema-Quality Size, Picture, and Sound to 2012 DLP Home Cinema TV ...
Mitsubishi Electric Visual Solutions America, Inc., the leader in large-screen television and digital displays, introduced today its 2012 large screen television line, giving consumers even more options for creating fully-immersive, cinema-like home theater experiences.

Mitsubishi Motors North America Selects Agero As Roadside Assistance Program Provider
MEDFORD, Mass., May 22, 2012 /PRNewswire/ -- Mitsubishi Motors North America, Inc., a subsidiary of Mitsubishi Motors Corp., has chosen Agero as its exclusive roadside assistance provider for all new Mitsubishi ...

Mitsubishi Heavy Industries to Acquire Federal Broach Holdings
NEW YORK, May 21, 2012 /PRNewswire/ -- Mitsubishi Heavy Industries, Ltd. (MHI) has signed an agreement with Federal Broach Holdings, LLC and its shareholders to acquire all of the equity interest of Federal ...

Cimatron Partners with Mitsubishi Machine Tools in Brazil
GIVAT SHMUEL, Israel, May 23, 2012 /PRNewswire/ -- Cimatron Limited (NASDAQ and TASE: CIMT) today announced that its acclaimed CimatronE software will be powering the Mitsubishi Machine Tools' demonstration ...

Mitsubishi UFJ Reports Profits
Mitsubishi UFJ Financial Group Inc. reported net income of ??981.3 billion (US$12.5 billion) for fiscal year ended March 31, 2012 versus net income of ??583.1 billion (US$6.8 billion) in the year-ago period....

The Bank of Tokyo-Mitsubishi UFJ Announces New Leadership in U.S.
The Bank of Tokyo-Mitsubishi UFJ, Ltd. today announced that there have been changes to the leadership of BTMU U.S. Holdings, which includes the U.S. operations of BTMU Headq

Bank of Tokyo-Mitsubishi freezes Iran transactions
Bank of Tokyo-Mitsubishi UFJ, which handles most of Japan's payments for oil imports from Iran, said on Thursday it had frozen transactions with Iranian banks after being ordered to do so by the New York ...

Mitsubishi UFJ Securities Holdings Appoints Trent Hagland as President & CEO of MUSHK and Hideki Suruga as Managing ...
TOKYO, May 21, 2012 /PRNewswire/ --Mitsubishi UFJ Securities Holdings Co., Ltd. (MUSHD) announced in Tokyo that Trent Hagland, currently Head of Credit Trading & Sales of Mitsubishi UFJ Securities International ...




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