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Mitsubishi Motors Corporation
Native name
三菱自動車工業株式会社
Mitsubishi Jidōsha Kōgyō KK
FormerlyMitsubishi Shipbuilding Co., Ltd.
Company typePublic
TYO: 7211
IndustryAutomotive
PredecessorMitsubishi Heavy Industries Motor and Cars Business
FoundedOctober 1970; 54 years ago (October 1970)
FounderMitsubishi Heavy Industries
HeadquartersMinato, Tokyo, Japan
Number of locations
Cypress, California, United States
Schiphol-Rijk, Netherlands
Santa Rosa, Laguna, Philippines
Khlong Luang, Pathum Thani, Thailand
Cikarang, West Java, Indonesia
Key people
Carlos Ghosn (Chairman)
Osamu Masuko (President & CEO)[1]
Trevor Mann (Chief Operating Officer)

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ProductsPassenger cars, economy cars, commercial vehicles
Production output
Decrease 1,079,346 vehicles (FY2016)[4]
RevenueDecrease ¥1.907 trillion (FY2016)(US$17.0 billion[5])[6]
Decrease ¥−158.7 billion (FY2016)[6]
Decrease ¥−198.5 billion (FY2016)[6]
Total assetsIncrease ¥1.484 trillion (FY2016)[6]
Total equityIncrease ¥765.381 billion (FY2016)[6]
Owner
Number of employees
29,555 (consolidated as of 31 March 2017)[8]
Subsidiaries
List
Websitewww.mitsubishi-motors.com

VinFast is a Vietnamese car manufacturer established in 2017.  A subsidiary of Vingroup Real Estate and Construction Corp., it is widely regarded as Vietnam’s first “true” car manufacturer. VinFast mainly focuses on manufacturing electric cars.

Value

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Vingroup JSC HCM, VinFast’s holding company, has invested an estimated $3.5 million on the company.

Main products

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Main page: Category:Mitsubishi Motors vehicles

At the 2018 Paris Motor Show, VinFast revealed its first two vehicles, a sedan named the LUX A2.0 and an SUV model, named the LUX SA 2.0. The vehicles are respectively redesigned versions of BMW’s 5 Series sedan and X5 SUV platforms, but have undergone revisions from major Italian design companies such as Italdesign, Pininfarina and Zagato. The powertrains were reused from the original models; however, the cars also come with several upgrades from Magna Steyr.

VinFast has plans for releasing other vehicle models, which include a city car, a battery car and an electric bus. Details on these vehicles are still not released;  however, VinFast plans to put the city car into production in early 2019. Aside from manufacturing automotive vehicles, VinFast also produces electric scooters.

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Production and sales

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VinFast aims to build its first car manufacturing plant in Haiphong, capable of producing 250,000 cars per year, within 5 years of the initial release of their first two car models. Currently, Vinfast produces 250,000 electric scooters per year.

Leadership

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  • Yuji Sato (1970–1973)
  • Tomio Kubo (1973–1979)
  • Yoshitoshi Sone (1979–1981)
  • Masao Suzuki (1981–1983)
  • Toyoo Tate (1983–1989)
  • Hirokazu Nakamura (1989–1995)
  • Nobuhisa Tsukamura (1995–1996)
  • Takemune Kimura (1996–1997)
  • Katsuhiko Kawasoe (1997–2000)
  • Takashi Sonobe (2000–2002)
  • Rolf Eckrodt (2002–2004)
  • Yoichiro Okazaki (2004)
  • Hideyasu Tagaya (2004–2005)
  • Osamu Masuko (2005–present)

Slogans

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  • 選ぶのはあなたです (1973-1974, Roma-ji:Erabu no wa anatadesu, English: The choice is yours.)
  • 技術と信頼の三菱 (1974-1975, Roma-ji:Gijutsu to Shinrai no Mitsubishi, English: Mitsubishi: Technology and Trust)
  • 安全は人と車でつくるもの (1975-1978, Roma-ji:Anzen wa hito to kuruma de tsukuru mono, English: Safety comes from man and car together)
  • 安全に走れ。それが一番早いのだ。 (1978-1980, Roma-ji:Anzen ni Hashire, sore ga ichiban hayai noda, English: Drive safely, it's the fastest way.)
  • 燃費の差は技術の差 (1980-1981, Roma-ji:Nenpi no sa Gijutsu no sa, English: The Difference in Fuel Economy is the difference in Technology.)
  • 燃費は技術 (1981-1982, Roma-ji:Nenpi wa giujutsu, English:Fuel Efficiency Technology)
  • 未来をひらく技術と信頼 (1982-1984, Roma-ji:Mirai o hiraku gijutsu to shinrai, English: Technology and Trust Open up the future)
  • Be Best for good Days いつもベストを (1985-1987, Roma-ji:Itsumo besuto o)
    • Sparkling Now (1985-1987)
  • 新技術を、ときめきに。 New Motoring Wave (1987-1993, Roma-ji:Shingijutsu o, Tokimeki ni, English: From new Technology, to the Thrill)
  • あなたと創る Creating Together (1993-1996, Roma-ji:Anata to Tsukuru)
  • その差が、三菱。 (1996-1998, Roma-ji:Sono sa ga, Mitsubishi, English: The Different is, Mitsubishi)
  • いいもの ながく (1998-2000, Roma-ji:Ī mono nagaku, English: Good Thing Forever)
  • Heart-Beat Motors (2000-2005)
  • クルマづくりの原点へ。 (2005-2008, Roma-ji:Kuruma dzukuri no genten e, English: The original spirit of Car Manufacturing)
  • Drive @ earth (2008–present)
  • Mitsubishi Motors, Japanese Motorcar and Automobile Service (1992-1998)
  • This is The Mitsubishi Motors Way (1994-1998)
  • Experience The Mitsubishi Motors Way (1998-2001)
  • Turn On Your Emotions (2002-2008)
  • Driving With Style (2008-2015)
  • Wake Up And Drive (2002-2004)
  • Driven to Thrill (2005-2009)
  • Quality in Motion (2013-2017)
  • Brand New Day (2016-2017)
  • Drive your Ambition (2017-present)

See also

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References

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  1. ^ "Nissan takes control of Mitsubishi with Ghosn as chairman". Automotive News Europe. 20 October 2016. Retrieved 20 October 2016. We are a full member of the Renault-Nissan alliance from today
  2. ^ "Mitsubishi Motors Joins Renault-Nissan Alliance". The Telegraph. 20 October 2016. Retrieved 17 February 2017.
  3. ^ "Nissan-Renault boss Ghosn becomes Mitsubishi chairman". Mitsubishi Motors. 20 October 2016. Retrieved 17 February 2017.
  4. ^ "Mitsubishi Motors Announces Production, Sales and Export Figures for March 2017 and for the 2016 Fiscal Year" (Press release). Mitsubishi Motors. 27 April 2017. Retrieved 2 October 2017.
  5. ^ https://www.xe.com/currencyconverter/convert/?Amount=1907000000000&From=JPY&To=USD
  6. ^ a b c d e "Annual Report 2017" (PDF). Mitsubishi Motors. pp. 24, 29. Retrieved 2 October 2017.
  7. ^ https://www.reuters.com/article/us-nissan-mitsubishimotors-investment-idUSKCN0Y227F
  8. ^ "Mitsubishi Motors Corporate Social Responsibility Report 2016" (PDF). Mitsubishi Motors. p. 1. Retrieved 2 October 2017.
  9. ^ "UPDATE 2-Mitsubishi to cut price of electric cars - Nikkei". Reuters. 18 June 2010.
  10. ^ "Manufacturing Centers and Related Facilities", Mitsubishi Motors website
  11. ^ Cite error: The named reference Estadão was invoked but never defined (see the help page).
  12. ^ "Mitsubishi Motors - Conheça a linha de carros 2016". Archived from the original on 2 February 2014. Retrieved 12 May 2016.
  13. ^ "Press Release - News･Events - MITSUBISHI MOTORS". Retrieved 12 May 2016.
  14. ^ "Mitsubishi Motors en Venezuela - .:: Mitsubishi ::". Archived from the original on 5 June 2016. Retrieved 12 May 2016.
  15. ^ http://elestimulo.com/elinteres/mmc-automotriz-confirma-venta-de-su-planta-a-socio-del-gobierno/. {{cite web}}: Missing or empty |title= (help)
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