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Mitsubishi Motors

Mitsubishi Motors Corporation was formed in 1970 from the automotive division of Mitsubishi Heavy Industries and is part of the Mitsubishi keiretsu, formerly the biggest industrial group in Japan. Popular models include the high-performance Lancer.

Chairman / President

Takao Kato

CEO / Managing Director

Takao Kato

CFO / Finance Director

Kentaro Matsuoka

Industry

Automotive, Manufacturing

Website

mitsubishi-motors.com

Headquarters address

1-21, Shibaura 3-chome, Minato-ku, Tokyo 108-8410, Japan

Stock Code

TSE:7211

Year founded

1970

Swire Properties’ 6 Deep Water Bay Road project. Photo: Handout

Hong Kong property

2 Deep Water Bay homes sold for US$283 million in biggest deal in years

The two three-storey units at 6 Deep Water Bay Road fetched HK$147,010 per square foot, the highest since HK$150,000 for a 2015 deal.

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China-Japan relations

Mixed signals from US lead Japan to broaden defence ties to counter China

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Japan

How a US$7 billion warship deal is reshaping Japan-Australia defence ties

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Foxconn

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30 May 2025 - 11:45AM

Foxconn

Foxconn profit surges amid AI boom, but trade tensions cloud outlook

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14 May 2025 - 4:06PM

Japan

Japan’s Nissan to axe 20,000 jobs, shut factories after huge loss

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14 May 2025 - 4:04PM

United States

Explainer | Cars, clothing, Christmas toys: what US consumers are losing to Trump’s tariffs

Trump’s tariff pause provides temporary relief, but uncertainty may lead to US shortages of cars, toys, and electronics as shipments are halted.

15 Apr 2025 - 1:54AMvideocam

US tariffs are causing firms to halt shipments, from Swiss watches to Christmas toys. Uncertainty looms, potentially emptying American shelves. Photo: Shutterstock

China-Russia relations

Opinion | Amid tariff wars, Chinese carmakers are dominating Russian market

The likes of Geely and Chery have filled the gap left by Western rivals. Even with higher duties now levied by Moscow, Chinese vehicles remain the most popular.

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Electric & new energy vehicles

Why foreign carmakers have little room to manoeuvre in China

The share of foreign carmakers on the mainland could shrink to as low as 32 per cent this year from 35 per cent in 2024, Natixis says.

20 Feb 2025 - 9:38AM

Artificial intelligence

Chinese Robotaxi start-up WeRide delays US IPO on paperwork delay

The postponement complicates WeRide’s listing plan, as Beijing’s approval for the deal is set to expire at the end of this week.

22 Aug 2024 - 8:08PM

WeRide has postponed its listing on the Nasdaq Stock Exchange. Photo: Shutterstock

Japan

Honda joins scandal-hit Toyota, Yamaha, Suzuki as Japan faces own ‘dieselgate’

The widening scandal has been compared to the ‘dieselgate’ emissions debacle that sideswiped German car giant Volkswagen in 2015.

11 Jun 2024 - 1:44PMvideocam

Newly manufactured Honda cars await export at a port in Yokohama. Photo: Reuters

Electric & new energy vehicles

Nissan to invest US$663 million in Renault EV unit Ampere as alliance rejigged

Nissan Motor has finalised plans to invest in Renault’s electric-vehicle venture Ampere, capping months of negotiations to rebalance the troubled automotive alliance.

26 Jul 2023 - 2:29PMvideocam

Electric & new energy vehicles

Toyota cuts 1,000 jobs at China JV as it feels the pain of falling sales

GAC Toyota has terminated the jobs of 1,000 employees because of falling sales on the mainland, which declined 2.8 per cent year on year in the first six months of 2023.

25 Jul 2023 - 7:00PMvideocam

Silicon Valley Bank (SVB)

Japan bank shares plunge as Asia braces for fallout from SVB collapse

It came as Asian equities extended declines on Tuesday, led by weakness in financial stocks as investors tried to gauge the fallout from the collapse of SVB and fellow US lender Signature Bank.

14 Mar 2023 - 2:49PM

A pedestrian walks past an electronic quotation board displaying a graph of the Tokyo Stock Exchange’s Nikkei 225 index. Photo: AFP

Automobiles

China gives up US$9 billion in tax to kick start stalling vehicle sales

China’s vehicle industry took a deep dive last month, as Shanghai went into a citywide lockdown, which idled car plants from General Motors to Tesla and Volkswagen.

24 May 2022 - 10:04PM

Vehicles awaiting exports next to stacks of containers by Ocean Network Express (ONE) in Shanghai on Monday, April 30, 2018. Photo: Bloomberg.

Transport and logistics

A global shortage of silicon chips is hurting Japan’s carmakers

Lockdowns and travel restrictions are prompting housebound shoppers to snap up more phones, game consoles, smart TVs and laptops, which in turn has fuelled demand for the chips used in those devices.

14 Jan 2021 - 3:36PM

Japan

5 crazy facts about Japan’s 1980s bubble economy

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South Korea

South Korean lawyers push to sell Mitsubishi assets in forced labour case

Mitsubishi is among the Japanese companies ordered to compensate South Koreans, leading to fraught bilateral relations and Tokyo’s restrictions on hi-tech exports to Seoul.

16 Jul 2019 - 9:19PM

Victims of Japan’s forced labour and their family members arrive at the Supreme Court in Seoul in January 2019. Photo: AP

Nissan

Carlos Ghosn will lose his last title at Nissan after shareholders’ meeting

Ghosn, detained in a Tokyo jail, will be replaced by Renault SA Chairman Jean-Dominique Senard.

8 Apr 2019 - 6:33AM

Automotive industry

‘I am innocent’: Nissan ex-chair Ghosn to leave prison as soon as Wednesday

Japanese court rejects prosecutors’ appeal to keep Ghosn in prison; the ex-chairman says he is committed to defending himself in a fair trial.

6 Mar 2019 - 3:58AM

Nissan

Macroscope | The Empire struck back, and Japan may be the worse for it

Ghosn’s loyalty to the French company in pushing for a full Renault-Nissan merger appears to have been the cause of his downfall

25 Nov 2018 - 10:56AM

Nissan’s old guard struck back against their ‘gaijin’ saviour, and Japan Inc may be the worse for it

Automotive industry

Foreign carmakers could tip their future China plans this week

3 Jul 2018 - 8:22PM

The Auto China 2018 exhibition, which gets underway on Wednesday in Beijing, will bring together industry figures from leading global carmakers. A BYTON electric concept car is driven by invited guests and journalists during a test drive event in Beijing, Sunday, April 22, 2018. Photo: AP

Australian Economy

Australia loses last carmaker as Toyota plans exit by 2018

3 Jul 2018 - 10:04PM

Towngas signs HK$3.8b loan deal

11 Feb 2011 - 12:00AM

Ella Koon finds a way to escape the shutterbugs - all men will have to make their own way home

24 Jun 2010 - 12:00AM

Streets ahead

5 Jan 2008 - 12:00AM

home of firm's ex-chief raided

15 Jun 2004 - 12:00AM

Car wholesaler denies talks

23 Nov 1998 - 12:00AM

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Mitsubishi Motors

2 Deep Water Bay homes sold for US$283 million in biggest deal in years

The two three-storey units at 6 Deep Water Bay Road fetched HK$147,010 per square foot, the highest since HK$150,000 for a 2015 deal.

Mixed signals from US lead Japan to broaden defence ties to counter China

How a US$7 billion warship deal is reshaping Japan-Australia defence ties

Foxconn expects robust revenue growth from AI despite US tariffs

The world’s largest contract electronics manufacturer plans to enter the US market by the end of this year, chairman Young Liu says.

Foxconn profit surges amid AI boom, but trade tensions cloud outlook

The Taiwanese iPhone assembler and AI server maker reported a 91 per cent leap in first-quarter profit but downgraded its full-year outlook.

Japan’s Nissan to axe 20,000 jobs, shut factories after huge loss

The carmaker’s biggest loss in a quarter of a century has prompted drastic action, including the closure of seven plants.

.css-sioo19{color:#c79a00;}Explainer | Cars, clothing, Christmas toys: what US consumers are losing to Trump’s tariffs

Trump’s tariff pause provides temporary relief, but uncertainty may lead to US shortages of cars, toys, and electronics as shipments are halted.

.css-1m2rp1p{color:#34b8b5;}Opinion | Amid tariff wars, Chinese carmakers are dominating Russian market

The likes of Geely and Chery have filled the gap left by Western rivals. Even with higher duties now levied by Moscow, Chinese vehicles remain the most popular.

Why foreign carmakers have little room to manoeuvre in China

The share of foreign carmakers on the mainland could shrink to as low as 32 per cent this year from 35 per cent in 2024, Natixis says.

Chinese Robotaxi start-up WeRide delays US IPO on paperwork delay

The postponement complicates WeRide’s listing plan, as Beijing’s approval for the deal is set to expire at the end of this week.

Honda joins scandal-hit Toyota, Yamaha, Suzuki as Japan faces own ‘dieselgate’

The widening scandal has been compared to the ‘dieselgate’ emissions debacle that sideswiped German car giant Volkswagen in 2015.

Nissan to invest US$663 million in Renault EV unit Ampere as alliance rejigged

Nissan Motor has finalised plans to invest in Renault’s electric-vehicle venture Ampere, capping months of negotiations to rebalance the troubled automotive alliance.

Toyota cuts 1,000 jobs at China JV as it feels the pain of falling sales

GAC Toyota has terminated the jobs of 1,000 employees because of falling sales on the mainland, which declined 2.8 per cent year on year in the first six months of 2023.

Japan bank shares plunge as Asia braces for fallout from SVB collapse

It came as Asian equities extended declines on Tuesday, led by weakness in financial stocks as investors tried to gauge the fallout from the collapse of SVB and fellow US lender Signature Bank.

China gives up US$9 billion in tax to kick start stalling vehicle sales

China’s vehicle industry took a deep dive last month, as Shanghai went into a citywide lockdown, which idled car plants from General Motors to Tesla and Volkswagen.

A global shortage of silicon chips is hurting Japan’s carmakers

Lockdowns and travel restrictions are prompting housebound shoppers to snap up more phones, game consoles, smart TVs and laptops, which in turn has fuelled demand for the chips used in those devices.

5 crazy facts about Japan’s 1980s bubble economy

When Tokyo’s Imperial Palace was worth more than California and golf club membership could cost US$3 million – Japan’s economic golden age was one wild time

South Korean lawyers push to sell Mitsubishi assets in forced labour case

Mitsubishi is among the Japanese companies ordered to compensate South Koreans, leading to fraught bilateral relations and Tokyo’s restrictions on hi-tech exports to Seoul.

Carlos Ghosn will lose his last title at Nissan after shareholders’ meeting

Ghosn, detained in a Tokyo jail, will be replaced by Renault SA Chairman Jean-Dominique Senard.

‘I am innocent’: Nissan ex-chair Ghosn to leave prison as soon as Wednesday

Japanese court rejects prosecutors’ appeal to keep Ghosn in prison; the ex-chairman says he is committed to defending himself in a fair trial.

Macroscope | The Empire struck back, and Japan may be the worse for it

Ghosn’s loyalty to the French company in pushing for a full Renault-Nissan merger appears to have been the cause of his downfall

Foreign carmakers could tip their future China plans this week

Australia loses last carmaker as Toyota plans exit by 2018

Towngas signs HK$3.8b loan deal

Ella Koon finds a way to escape the shutterbugs - all men will have to make their own way home

Streets ahead

home of firm's ex-chief raided

Car wholesaler denies talks

Explainer | Cars, clothing, Christmas toys: what US consumers are losing to Trump’s tariffs

Opinion | Amid tariff wars, Chinese carmakers are dominating Russian market