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Mitsubishi to join alliance with Honda and Nissan, Nikkei reports
Sun, Jul 28 2024TOKYO — Japan's Mitsubishi Motors is set to join an alliance between Honda Motor and Nissan Motor, creating a tie-up between automakers with combined sales of more than 8 million vehicles, the Nikkei newspaper said on Sunday. Mitsubishi Motors, which is 34% owned by Nissan, will work with Honda and Nissan to finalize the details of their strategic partnership, Nikkei said, adding the three firms intend to standardize in-vehicle software that controls cars. Mitsubishi Motors declined to comment on the report, while a Nissan spokesperson would only say the report was not based on something either of the companies had announced. Spokespeople for Honda did not respond to a request for comment. The push comes as Nissan, Japan's third biggest automaker, has been steadily losing market share in its two largest markets, the United States and China, which together accounted for half of its global sales in the year to March. On Thursday, the company slashed its annual outlook after heavy discounting in the U.S. almost completely wiped out its first-quarter profit. Nissan and Honda said in March they were considering a strategic partnership to collaborate on producing electric vehicle components and artificial intelligence in automotive software platforms. Mitsubishi Motors is already part of a long-standing alliance with Nissan and France's Renault that the three automakers last year agreed to restructure, aiming for a downsized but more pragmatic and agile partnership. Separate collaboration between Nissan, Honda and Mitsubishi Motors could help Japan's automakers cut costs and beef up to battle tough competition in EVs, dominated by companies like China's BYD and Tesla. In China, the world's largest auto market, Japanese brands previously were strong but are now up against domestic automakers that have rapidly increased production and won over consumers with low-priced vehicles loaded with software.
2022 Mitsubishi Outlander First Drive Review | More than a redesign
Tue, Apr 6 2021It only takes a minute behind the wheel of the 2022 Outlander to understand how Mitsubishi’s alliance with Nissan and Renault has allowed it to reap dramatic rewards. The 2022 Mitsubishi Outlander isnÂ’t just redesigned, itÂ’s a thorough rethink on how to attack the compact crossover marketplace. Not only that, itÂ’s vaulted Mitsubishi from an also-ran to a solid contender for your hard-earned bucks. The Mitsubishi Outlander is not a rebadged Nissan Rogue. The two crossovers share their platform and powertrain, and Mitsubishi says they were co-developed and Outlander was not simply a hand-me-down. They differ in many notable ways, not the least of which is a standard third row (sized for very limited use) in the Outlander thatÂ’s not offered in the Rogue, but also in tuning, design and materials. The new Outlander certainly stands out with a front view thatÂ’s dominated by MitsubishiÂ’s "Dynamic Shield" fascia. Two curved chrome swoops work as outward-facing brackets to a grille with horizontal slats above a patterned opening. Lighting clusters are split into two parts, with LED driving lights and turn signals on top, and vertically stacked headlights below. Unlike some other “bold” faces currently seen in the industry, MitsubishiÂ’s design divides opinions but somehow looks better and more interesting in person than on screen. Mitsubishi managed an iteration of the floating-roof trend that looks different than anything else. ThereÂ’s an unusually flat roof in profile that ends in a brim-shaped rear spoiler atop a pillar at the very back of the car thatÂ’s shaped like a jet fin. Deep cutlines create a strong shoulder with a parallelogram indentation below the knee. All but base-model Outlanders are fitted with 20-inch wheels that are highlighted above with stamped-in brows. It all adds up to an imposing design that looks larger than it is. In reality, the 2022 Outlander is indeed larger in every direction than the 2020 edition (thereÂ’s no 2021 model) but in most measurements, is right about the same size as its compact crossover competitors. Its 106.5-inch wheelbase matches the Rogue, but the three-row Outlander is 2.4 inches longer overall. Compared to the 2020, thereÂ’s more adjustment for the driver to find a comfortable position plus an inch more legroom up front, and 1.1 inches more in the middle row. ItÂ’s 2.0 inches wider than before, which adds as much as an inch and a half more shoulder and hip room, depending on the seat.
Carlos Ghosn to make first public appearance in seven weeks on Tuesday
Sat, Jan 5 2019Ousted Nissan chairman Carlos Ghosn is set to make his first public appearance in seven weeks at a Tokyo court on Tuesday after he requested an open hearing to hear the reason for his continued detention. Ghosn has been held in a detention center since his Nov. 19 arrest on allegations of financial misconduct, which was followed by re-arrests over further allegations. The hearing will take place at 10:30 local time (0130 GMT) on Jan. 8, the Tokyo District Court said on Friday. The reason behind the timing of Ghosn's request was not clear. Earlier this week, the court approved an extension to Ghosn's detention until Jan. 11, after re-arrest by prosecutors who accuse him of aggravated breach of trust in transferring personal investment losses to Nissan. Those allegations center on the use of company funds to pay a Saudi businessman who is believed to have helped him out of financial difficulties, sources said last week. According to an article from The New York Times, Ghosn and his family assert that he is innocent. In remarks Ghosn made while under detention in Japan, he is reported to have said through his lawyer, "I want to have my position heard and restore my honor in court." Former Nissan executive Greg Kelly, who has been charged with conspiring to under-report Ghosn's income, has been released on bail after the court ruled against extending his detention while he awaits trial. Ghosn's arrest was followed by his removal from roles at Nissan and Mitsubishi. The case has rocked the auto industry and strained Nissan's ties with French partner Renault where Ghosn still remains chairman and chief executive. Renault has launched a search for an interim chief to fill Ghosn's roll at the French company as he deals with these legal cases in Japan. The arrest has also put some of the practices of Japan's criminal justice system under international scrutiny, including keeping suspects in detention for long periods and prohibiting defense lawyers from being present during interrogations. (Reuters contributed to this report.)Related Video:



































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