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  • Nissan, Honda and Mitsubishi sign MOU on strategic partnership
    Honda Motor Co. announced on Thursday that it had signed a memorandum of understanding with Nissan Motor and Mitsubishi to jointly explore the creation of a framework for electrification and intelligence development.According to the document, the automakers are set to "further accelerate...
  • Mitsubishi confirms investment in Renault's Ampere
    Mitsubishi Motors Corporation confirmed on Tuesday in a statement that it will be investing in Renault Group's new electric vehicle company Ampere. The maximum sum to be injected into the EV unit will be €200 million. "For Mitsubishi Motors, the investment comes as an ambitious step forward in...
  • Mitsubishi to pay $600 mln in damages
    Mitsubishi Motors plans to compensate car owners affected by the company’s fuel economy data scandal by paying them ¥100,000 ($956) each, Nikkei Asian Review said on Friday, citing unnamed sources. So far, 625,000 units have been sold, meaning the compensation will amount to $600...
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