Latest news with #MitsubishiMotorsCorporation
Yahoo
3 days ago
- Automotive
- Yahoo
Mitsubishi's global output rises 1% in April
Japanese automaker Mitsubishi Motors Corporation reported a 1.2% rise in global production to 64,343 units in April 2025, from 63,606 units in the same month last year. Overseas production declined by 9% to 26,843 units, while output in Japan increased by 10% to 37,500 units — despite a 19% drop in exports to 15,315 units and a 1% dip in domestic registrations to 8,132 units. Production in Asia outside Japan fell by 10% year-on-year to 25,633 vehicles in April, with output in Thailand plunging by 27% to 10,953 units — even though the automaker began deliveries of its Thai-made XForce hybrid SUV to local customers that , its second HEV model to be sold in the country after the Xpander HEV model went on sale in early 2024. Production in Indonesia increased by 26% to 9,453 units, however. In the first four months of 2025, Mitsubishi produced 292,096 vehicles globally, down by 10.5% compared with 326,324 units in the same period last year, with domestic output slightly higher at 163,841 units while overseas production fell by 21% to 128,255 units. Sales in Japan fell by almost 5% to 41,329 units in this period, while exports were slightly lower at 73,313 units. "Mitsubishi's global output rises 1% in April" was originally created and published by Just Auto, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
09-05-2025
- Automotive
- Yahoo
Taiwan's Foxtron to develop BEV for Mitsubishi
Japanese automaker Mitsubishi Motors Corporation announced this week that it has signed a preliminary agreement to source a battery electric vehicle (BEV) model from Foxtron Vehicle Technologies Company, the automotive subsidiary of Taiwanese electronics giant Hon Hai Precision Industry Company Ltd, starting next year. The deal represents a major step forward for Hon Hai, Apple's main iPhone manufacturing sub-contractor, in its aim to become a major global BEV contract assembler. In 2020, the company unveiled its MIH (Mobility in Harmony) in-house BEV platform, designed to provide global automakers with a fast, low-cost entry strategy into the BEV segment - backed by a ready-made supply chain. Under the memorandum of understanding (MOU), Foxtron has agreed to develop a new BEV model based on its MIH open platform, which Mitsubishi will sell locally and export to markets in the Asia-Pacific region, including Australia and New Zealand, from the second half of 2026. The vehicle will have 'excellent driving performance' and feature an advanced infotainment system, according to the automaker. Production of the new model will be carried out by Yulon Motor Company Ltd, Nissan Motor's Taiwanese vehicle production partner, with Foxtron providing 'manufacturing management services.' Mitsubishi and Foxtron have now decided to proceed with further discussions to finalize the deal. Mitsubishi said it is exploring additional opportunities to expand its collaboration with its Alliance partners, which include Nissan and Renault, to strengthen its electrified vehicle lineup in key regional markets. "Taiwan's Foxtron to develop BEV for Mitsubishi" was originally created and published by Just Auto, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Herald Sun
08-05-2025
- Automotive
- Herald Sun
iPhone car to launch first in Australia
Don't miss out on the headlines from On the Road. Followed categories will be added to My News. Aussie drivers are set to be the guinea pigs for a groundbreaking new electric vehicle from the makers of the iPhone. Japanese car giant Mitsubishi has announced it will partner with Taiwanese electronics maker Foxtron to co-develop a new EV aimed at countering China's emerging dominance of the small SUV market. Mitsubishi Motors Corporation will work with Foxtron Vehicle Technologies, the EV division of iPhone maker Foxconn and Taiwanese car manufacturer Yulon to bring the new electric car offering to market. Mitsubishi said the car, which media reports say could be a rebadged Foxtron Model B and a successor to the ASX. will be developed and launched for the Australian market. It could feature some of the most exciting and user-friendly tech ever witnessed in an EV. MORE: Aussie car prices set to plummet Japan's once all conquering car manufacturing industry has faced heightened competition from South Korean firms and now China's heavily government supported industry is taking that battle for consumers' wallets to the next level. And Mitsubishi is fighting back. The company said the move to partner with Foxconn is part of its strategic business plan dubbed Momentum 2030, which promises the launch of a 'new or significantly revised vehicle every year between 2026 and 2030'. The first car launched or 'revised' as part of that plan was the 2025 Outlander, an updated version of the mid-size SUV that was first sold in Australia in 2023. Mitsubishi's new EV collaboration with Foxtron – which makes electronics including the Apple iPhone, Sony PlayStation and Nintendo Switch – is expected to be made available in Australia in the second half of next year. MORE: Bizarre flying Star Wars bike becomes reality 'Mitsubishi Motors Australia welcomes confirmation of this exciting partnership between Mitsubishi Motors Corporation and Foxtron and we are looking forward to working closely to deliver a great product for Australian customers,' Mitsubishi Motors Australia CEO Shaun Westcott said. 'This pure EV model is the latest step in our Momentum 2030 plan and offers another string to our multi-powertrain bow that will see us through to the next decade. 'It will join a refreshed Mitsubishi range that already offers petrol, diesel and PHEV options that fit Australian lifestyles, all with our innovative 10/10 warranty and capped-price servicing plan. 'It is also further evidence of our core market relationship with MMC, with Australia the first Mitsubishi market to receive this vehicle from launch, and signifies our ongoing strength.' Mitsubishi currently does not have a pure EV for sale in Australia. MORE: Motoring giant's huge U-turn on Trump The Model B features super cool styling from design company Pininfarina and offers 450km of range when fully charged. However, Mitsubishi hasn't yet revealed the specifics of its newest creation. It will slot into the Aussie small SUV market as a competitor to the likes of the Hyundai Kona EV and BYD Atto 3. Foxconn has strong ambitions to become a big player in car manufacturing and earlier this year shaped up to take a stake in Nissan after the Japanese firm plunged into crisis cutting 9000 jobs and reducing production by 20 per cent. However Nissan instead flirted with a merger with fellow Japanese maker Honda before that proposal fell over amid disagreement over what form the coming together would take. Foxconn appears to have taken that rejection on the chin and moved on with Mitsubishi, with Australians set to be the first to enjoy the spoils of that partnership. Originally published as iPhone car coming to Australia
