Mitsubishi

Retail Asia01/02/2017

Mitsubishi UFJ Lease & Finance Company Limited (MUL) has announced its subsidiary in Indonesia, MULI, has opened a branch in Bandung, in a bid to capture new business as the country’s economy improves. The Bandung Branch is MULI’s second branch in Indonesia following the opening of its Surabaya Branch in October 2014. Since establishing a […]

Retail Asia14/10/2016

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Mitsubishi Motors Corporation (MMC) and business partners Mitsubishi Corporation (MC), PT Krama Yudha (KY) and Mitsubishi FUSO Truck and Bus Corporation (MFTBC) reached a basic agreement on restructuring MMC-brand vehicle sales operations in Indonesia in order to strengthen their Indonesian operating base. Under the basic agreement, the current distributor PT Krama Yudha Tiga Berlian Motors […]

Retail Asia04/10/2016

Japanese automaker Mitsubishi Motors Corp (7211.T) will resume domestic sales of eight vehicle models on Oct. 1, the company said on Friday, after correcting overstated mileage readings in its second cheating scandal this year. Japan’s sixth largest automaker has admitted it falsified the mileage on 12 models, including the Pajero and Outlander SUV, taking a […]

Retail Asia31/08/2016

Mitsubishi Motors Corp overstated the fuel economy on eight of its vehicle models, in addition to four others the embattled Japanese automaker admitted to earlier this year, the Nikkei newspaper reported on Tuesday. Japan’s transport ministry, which had been investigating the fuel economy on Mitsubishi models including the Pajero SUV, would report its findings as […]

Retail Asia12/08/2016

Mitsubishi Motors Corp. on Thursday revealed its new XM Concept crossover at the Gaikindo Indonesia International Auto Show. The XM Concept denotes X for crossover and M for multipurpose vehicle (MPV). Mitsubishi considers the vehicle a combination of the power, design and utility of a SUV with the spaciousness and comfort of an MPV. The […]

Retail Asia09/03/2016

Major real estate firm Mitsubishi Estate Co. is planning to start a roughly 50 billion yen (about $438,616,000) redevelopment project featuring office buildings, apartments and hotels in what is now a run-down district in front of a central train station in Yangon, Myanmar. Mitsubishi Estate plans to draw on its experience of developing Tokyo’s Marunouchi […]

Retail Asia21/12/2015

Mainboard-listed Yoma Strategic Holdings announced on Wednesday a 50:50 joint venture with Mitsubishi Corp to distribute the Japanese cars in Myanmar. The joint venture company, MM Cars Myanmar Ltd, will be responsible for the distribution (wholesale), retail sales, after-sales services, and maintenance services of Mitsubishi cars and spare parts. It will also take over the […]

Retail Asia28/07/2015

With its decision to end auto production in the U.S., where Detroit’s Big Three and global giants dominate, Mitsubishi Motors Corp. has become the latest second-tier car maker to shift its focus away from crowded, mature markets to smaller emerging economies where there is less competition and more chance to grow. Japan’s sixth-biggest car maker—which […]

Tag: Mitsubishi

Japanese leasing firm expands in Indonesia

New Mitsubishi Distributor to Boost Sales Operations in Indonesia

Japan’s Mitsubishi Motors to resume sales after latest cheating scandal

Mitsubishi Motors overstated fuel economy on eight more models

Mitsubishi Motors reveals XM Concept crossover SUV in Indonesia

Mitsubishi Estate to build Myanmar’s ‘Marunouchi’

Yoma to distribute Mitsubishi cars in Myanmar

Mitsubishi Shifts Focus to Smaller, Emerging Economies