Archive for Mitsubishi News

Mitsubishi-Nissan Deal Could Help Both Automakers

Mitsubishi-Nissan Deal

It’s no secret that Mitsubishi is a much smaller automaker than big-time competitors like Nissan, but a new deal could change all that. Nissan has agreed to take a 34% stake in Mitsubishi amid the smaller automaker’s most recent scandal. While the deal may seem one-sided at first, both companies could benefit greatly from the latest Mitsubishi-Nissan deal.

Mitsubishi and Nissan already develop and manufacture products thanks to a 2011 partnership. That deal doesn’t include any shareholding but the new deal does. Under the idea of regaining the public’s trust, Mitsubishi sold Nissan $2.2 billion worth of shares, allowing Japan’s second-largest automaker to take the wheel.

Under the new deal, Nissan effectively bails out Mitsubishi and can elect up to one-third of the board. They also gain new access to other Asian markets, like China, where Mitsubishi vehicles are incredibly popular. The two will also jointly develop new technology as well.

In return, Mitsubishi, which posted its first loss in years just a few weeks ago, received enough money to compensate customers. By giving Nissan at 34% stake, Mitsubishi also joins the Nissan-Renault alliance. Nissan holds a 15% stake in the French automaker while Renault has a 43% stake in Nissan.

Here at Coronet Mitsubishi, we can’t wait to see what comes of the new deal!

Mitsubishi-Nissan Deal

2016 Mitsubishi Outlander Sport Earns NEMPA Yankee Value Award

NEMPA Yankee Value Award

Mitsubishi has been more focused on quality in recent years and now, for the second year in a row, one the brand’s most popular vehicles is receiving top recognition. The 2016 Mitsubishi Outlander Sport took home the NEMPA Yankee Value Award. Awarded by the New England Motor Press Association, the top prize isn’t given to just any vehicle.

The NEMPA takes New England’s spirit of perseverance seriously and to earn the award, a vehicle must show that perseverance as well. The 2016 Mitsubishi Outlander Sport is practically the definition of perseverance. Featuring a standard 10-year/100,000-mile powertrain limited warranty, it’s easily one of the most value-oriented vehicles on the market, let alone the crossover segment.

Boasting a long list of features, like a rearview camera, heated front seats, and available all-wheel drive, the Outlander Sport was a shoo-in for the award. Combined with an incredible amount of cargo space and available roof racks, going further is a standard feature.

The Mitsubishi Outlander Sport proved itself to be one of the most quality-driven, reliably-made, and competitively-priced vehicles on the market. By creating such a top-notch vehicle, Mitsubishi continues to offer customers the best crossover on the market.

Here at Coronet Mitsubishi, we have the Mitsubishi Outlander Sport in stock!

2017 Mitsubishi Mirage G4

2017 Mitsubishi Mirage

The all-new 2017 Mitsubishi Mirage is here and ready to take on the world. Forget the Mirage of the past, because the new G4 has even more to offer.

With the popularity of the Mirage, Mitsubishi designed to expand the lineup, and with that comes to G4 four-door sedan. It made its U.S. debut earlier this year at the 2016 New York Auto Show. As opposed to its Mirage hatchback sibling, the G4 has a separate trunk for those who prefer a sedan over a hatchback.

Tech updates abound, with Apple CarPlay and Android Auto compatibility, so your smart phone can be connected at all times. Efficiency is top-notch, too. A fuel economy rating of 40 mpg makes the Mirage G4 the most fuel-efficient non-hybrid car in the U.S.

On the inside, updated interior materials make the seats much more comfortable than its hatchback predecessors. A new steering wheel makes for a better grip and handling.

While you won’t go from zero to sixty in two seconds, the lower horsepower is made up for in the affordability and efficiency of this sedan.

So now you have something to look forward to: style, efficiency, and affordability all-in-one!

U.S. Mitsubishis Not Affected By Fuel Economy Irregularities

fuel economy irregularities

Mitsubishi Motors North America has confirmed that US vehicles are not affected by the fuel consumption testing data irregularities that recently came to light in Japan.

Mitsubishi Motors R&D America, Inc. worked in concert with Mitsubishi Motors Corporation to conduct an internal audit of US market vehicles and thoroughly review all vehicles sold in the US from 2013 to 2017. It confirmed that none were affected by the fuel economy irregularities and that they complied with EPA testing procedures.

According to Mitsubishi, a different method is used in the United States than Japan to gather fuel mileage figures, which the EPA calls “Road Load Coefficient,” which is independently verified before it is submitted to the EPA. Mitsubishi also says it shared this information to the California Air Resources Board and the Department of Transportation.

In other words, shoppers at Coronet Mitsubishi can feel confident that our vehicles’ EPA-rated fuel economy estimates are accurate and in no way a misrepresentation of their actual capabilities.

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