Archive for November 25, 2014

CEO Promises New Mitsubishi Products Sometime Soon

new Mitsubishi products

A plug-in hybrid version of the Mitsubishi Outlander, the Outlander PHEV, is one of the proposed new Mitsubishi products.

The CEO of Mitsubishi, Osamu Masuko, is promising new Mitsubishi products in the near future, building on the momentum Mitsubishi has gained in the United States this year, with its highest profits since the global financial crisis.

New Mitsubishi Products

Two projects can be found at the top of Mitsubishi’s to-do list: a plug-in hybrid crossover Outlander PHEV, which had previously been delayed, and a sedan version of the subcompact Mirage hatchback. Soon after, the company plans to up its hybrid game with plug-in versions of the Outlander Sport and maybe even the Montero SUV.

Mitsubishi’s initial sales target for this fiscal year (which ends on March 31, 2015) was to sell 109,000 vehicles, and based on the exceeding sales so far, the target has already been pushed to 116,000. The company is projecting an operating profit for the fiscal year, which will be their first since March 2007.

Masuko gives credit for these North American profits to stellar sales of the Outlander Sport and the Mirage hatchback, both imported from Thailand. Mitsubishi’s sales have grown 30% through October alone, compared to an industry-wide average of 6%.

Come check out one of Mitsubishi’s high-selling, record-breaking models at Randall Mitsubishi today.

Mitsubishi Prepares to Launch a Renault-Nissan-Based Compact Sedan

Renault-Nissan-Based Compact Sedan

The Mitsubishi Lancer will be replaced with a Renault-Nissan-Based Compact Sedan in the future.

In November of last year, we learned that Mitsubishi joined forces with the Renault-Nissan alliance, allowing the automakers to share platforms, technology, products, and manufacturing capacities. Now, the group has made clear their next move: replace the slow-selling Mitsubishi Lancer with a new compact sedan that will be based on either a Renault or Nissan model.

Besides telling us that the sedan will be based on a Renault or a Nissan, the companies haven’t revealed (or decided) any additional details. We do know that the new compact sedan will be a global model, and we wouldn’t be surprised to see it available in Europe.

In addition the Renault-Nissan-based compact sedan, World Car Fans reports that a mid-size sedan based on the Renault Latitude is in the works. We know a bit more about the new mid-size sedan; according to Mitsubishi CEO Osamu Masuko, it will be assembled by Renault Samsung in Busan, South Korea, will be sold in the U.S. and Canada, and is scheduled to be available in two to three years.

Here at Randall Mitsubishi, we want to know what you think – are you excited at the prospect of a Renault and/or Nissan-based Mitsubishi? Tell us in the comments!

New Mitsubishi Outlander Spotted In Camouflage

Mitsubishi Outlander SpottedThe Mitsubishi Outlander is as rugged and capable as its name suggests. Therefore, Mitsubishi is currently working on an updated design that will reflect the Outlander’s personality even more. The new Mitsubishi Outlander was recently spotted in some spy photos, which show the updated Outlander draped in camouflage design.

The Mitsubishi Outlander spotted by Motoring has camouflage covering the front and rear of the vehicle, so we’re assuming that those areas will be most heavily changed in the upcoming new model. Here at Randall Mitsubishi, we’re hoping that the new Outlander takes after the stunning Outlander Concept S, which recently surprised us at the Paris Motor Show. However, whatever angle the designers took, we’re sure it will be the right one.

Come see us here at Randall to see the current Outlander so you can make a complete comparison when that camouflage on the new model finally gets removed. We’re here to help you, showing you all the great vehicles in our lineup and giving you the scoop on all the future Mitsubishi news and products.