2008 Mitsubishi Raider Ls 3.7l V6 12v Automatic Crew Cab on 2040-cars

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Nissan's plan to supply US Mitsubishi dealers with family sedan stalls

Mitsubishi has quietly had some big success recently. The Japanese brand sold 77,643 vehicles in the US for all of 2014, a 24.8 percent jump over 2013. While still relatively small overall (Ford sold 74,355 F-Series trucks just in December, for example), it shows definite growth for the sometimes forgotten automaker. Unfortunately, the latest news might not help the company's future expansion. The proposed partnership of Mitsubishi and the Renault-Nissan Alliance on at least one midsize sedan for the US market is off the table, according to Automotive News. The company informed sellers that the collaboration had fallen through during a National Automobile Dealers Association meeting. "I told them that the plan has stalled," said Don Swearingen, executive vice president of Mitsubishi Motors North America, to Automotive News. "And I said that's really all I can tell you at this time." Under the original partnership, Mitsubishi was supposed to get a D-segment sedan that would have been built at the Renault-Samsung factory in Busan, South Korea. The automakers were also negotiating for Mitsu to get a C-segment four-door as a global model and developing an electric kei car for Japan together, due in 2016. While the sedan is gone, Mitsubishi isn't completely bereft of improved products in the pipeline. The Mirage Sedan is being launched in the US, and the Outlander is supposed to get a redesign for the 2016 model year. According to Automotive News, the Outlander Sport and Lancer are also due for refreshes in 2016, and a new Mirage is on the way.

Mitsubishi pondering $2B share sale?

Mitsubishi makes the brilliantly fast, wonderfully fun Lancer Evolution. Outside of that road-going rally car, the rest of the range is pretty poor - the new Outlander isn't bad, but the subcompact Mirage looks like might've been competitive five years ago, while the Galant and Lancer have suffered from serial neglect.
This hasn't just lead to rumors of Mitsu's death in America; the subsidiary of the massive Mitsubishi Group has been in trouble at home, too. It was bailed out by three other Mitsubishi Group companies - Mitsubishi UFJ Financial, Mitsubishi Heavy Industries and Mitsubishi Corporation - between 2004 and 2005, according to Bloomberg. Now, it's attempting to extricate itself from "emergency mode," as analyst Koichi Sugimoto told the financial site, adding that "they're still in the very early stages of recovery."
As part of the bailout, Mitsubishi issued its three saviors billions of dollars of preferred shares, which don't have voting rights. The problem is, Mitsubishi hasn't issued dividend payments since 1998, and these stocks aren't exactly competing with Apple or Google, in terms of value. In other words, they're mostly worthless. With a public offering, Mitsubishi is expecting to raise 200 billion yen, or about $2 billion, in order to reduce the number of preferred shares. If all goes according to plan, it will wipe out preferred shares by March of 2014, or the end of fiscal year 2013.

2022 Mitsubishi Outlander teased, drifted, muddied

If you've been eagerly awaiting the fourth-generation Mitsubishi Outlander, today is your lucky day. Mitsubishi finally has a debut date for the 2022 edition: February 16, 2021, and the venue will be an online video on the Mitsubishi Motors North America's YouTube channel. That's still three weeks from now, but that channel has a teaser video of the the new SUV in action. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. In it, a camouflaged Outlander does its best Lancer Evolution impression, drifting along in gravel and snow. It also does some light mud bogging and fording of some pretty shallow water. A Montero this is not. In fact, it's not even all Mitsubishi. As part of Nissan's majority stake ownership in Mitsubishi Motors, the Outlander is expected to share a platform and many major components with the latest Nissan Rogue. That even includes Nissan's 181-horsepower, 2.5-liter inline-four mated to a CVT for entry-level models. Of course, the Outlander is also known for its plug-in hybrid variants, and the PHEV might use a 2.4-liter mill with Mitsubishi's own plug-in system. That could see a near doubling of the battery-only range, from 22 to 43 miles. Mitsubishi claims that the new vehicle will combine "everything we know about on and off-road driving put into a single Outlander. Its lead engineer, Kentaro Honda, expands on that, saying, "We took everything we know about on- and off-road driving from the rally experiences to apply the latest Super All-Wheel Control technology in our newly developed platform." If we were to guess, PHEV models will use Mitsubishi's dual-motor Super All-Wheel Control system. The latter will also feature the Evo's yaw control, which can split torque between the front and rear wheels, or between the front wheels alone. One thing that's clear from the videos is that the Outlander will maintain the look of the Engelberg Tourer concept shown in 2019. While the naked Outlander was leaked last month, this camouflaged version confirms the bold design. If you would like to see the live reveal online, tune in to on the 16th at 3:00pm.