1998 Mitsubishi Eclipse Gs Hatchback 2-door 2.0l on 2040-cars

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Mitsubishi slashes annual profit forecast on slowing car sales

TOKYO — Mitsubishi Motors on Wednesday cut its full-year profit outlook by 67% as it expects sluggish demand in North America and China will continue, while a strong yen and research and development costs will also hurt the automaker's bottom line. Japan's sixth-largest automaker now expects operating profit to come in at 30.0 billion yen in the year to March, down from a previous forecast for 90.0 billion yen. The new outlook would be Mitsubishi's lowest profit since the year ended March 2017. The downgrade comes after Mitsubishi, in which Nissan holds a controlling stake, reported a 78% plunge in operating profit during the July-September quarter to 6.3 billion yen, lower than a mean forecast for 16.26 billion yen from analysts polled by Refinitiv. It joins a growing number of Japanese automakers which are bracing for lower profitability. Earlier on Wednesday, Subaru lowered its annual profit forecast due to a stronger yen and a cut in domestic output due to a major typhoon last month. Mazda and Suzuki have also cut their respective outlooks within the past month due to slowing demand for their cars. Earnings/Financials Mitsubishi

2023 Mitsubishi Triton coming after the Ford Ranger overseas

The next-generation Mitsubishi Triton is coming soon to a trail near you — assuming you live outside of the United States. Known as the L200 in some global markets, the truck was shaped by a new, more rugged-looking design language that Mitsubishi calls "Beast Mode." Dark preview images published by the Japanese brand depict a pickup that has been reinvented from the ground up. While the current Triton features rather unusual proportions characterized by a slanted shut line and a super-sized rear overhang, its successor looks a little more conventional, though we'll make the final call when we see it in the metal. We spot a tall, upright front end with LED accents that Mitsubishi describes as "resembling the sharp gaze of a hawk" and a rectangular grille with both "Mitsubishi" lettering and the company's emblem. 2023 Mitsubishi Triton View 4 Photos We're curious to find out what's under the sheet metal. Mitsubishi recently expanded its European range with badge-engineered Renault models, such as the Clio-based Colt. Nothing suggests that the Triton is a badge-engineered version of another truck, and the current-generation Nissan Navara (which is unrelated to our Frontier) is likely too old to provide its platform. Could it be the other way around? Mitsubishi is part of the Renault-Nissan alliance, and the group strives to achieve economies of scale, so the Triton could also preview the next Navara. Of course, this is pure speculation. Nothing is official at this stage, and Mitsubishi isn't ready to release technical details. It hasn't published images of the interior yet, but a preview video embedded above suggests that upmarket models will receive a free-standing touchscreen for the infotainment system and a dial to select one of the transfer case's different options. Broadly speaking, we're expecting that the next Triton will offer a more SUV-like interior to reflect the fact that, even outside of America, buyers are increasingly using pickups as daily drivers. Mitsubishi will unveil the next-generation Triton in Thailand, where the model will be built, on July 26. The truck will be sold in a long list of nations, including several countries in Latin America and in the Middle East, but it doesn't sound like it will be offered in the United States. Elsewhere, the Triton will compete in an increasingly crowded ring against the Ford Ranger, the Volkswagen Amarok, and the Toyota Hilux. Related Video: This content is hosted by a third party.

Mitsubishi D:X Concept previews the next Delica off-road van

Besides the Montero/Pajero and the Lancer Evo, perhaps Mitsubishi's most famous model is the Delica. It's a minivan, but it also has serious off-road chops, and it has had them for decades. At the Japan Mobility Show, Mitsubishi showed the D:X Concept, which is a look a the future of the go-anywhere van. The look is almost that of a steroidal VW I.D. Buzz, but it works. It's chunky and aggressive, and of course it has huge tires. The single-box shape is a longstanding tradition of the Delica line for maximum interior space. Noteworthy are the laser headlights. The vertical sections can project lines ahead of the vehicle to help provide an idea of the vehicle width against the environment in tricky maneuvering at night. The interior features three rows of seats, and the seats can slide and swivel for a variety of configurations. Particularly interesting is the lack of a dashboard, as well as anything ahead of where the dash would be. Instead, a glass panel for the grille and a giant screen showing what's under and ahead of front of the vehicle take up the space. This allows for phenomenal forward visibility, especially useful off road. There is a small dash ahead of the driver and the steering wheel that blends into the door, and this is where instrumentation is displayed. Occupants also can enjoy a Yamaha-tuned sound system. Mitsubishi didn't go into much detail on the powertrain. It's a plug-in hybrid, and we wouldn't be surprised if it operates as a series hybrid like the Mitsubishi Outlander PHEV. And that of course means that the D:X still powers all four wheels, as a Delica should. Mitsubishi also didn't share any sort of production plans. But we expect that a new Delica is on the way that will at least look a lot like this concept, even if some features such as the dash-free interior might not make it. Sadly, we don't expect it to come to America, just like the current Delica. Related Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.