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Automaker Mitsubishi dives 15% on faulty emission tests
Mitsubishi Motors Corp said it falsified fuel economy test data to make emissions levels look more favourable, and its shares slumped more than 15 percent, wiping $1.2 billion from its market value on Wednesday.
Japan officials raid Mitsubishi office after data scandal
Japanese transport ministry officials raided a Mitsubishi Motors office Thursday following the shock admission by the automaker that it falsified fuel-efficiency tests in more than 600,000 vehicles.
Mitsubishi Motors used improper mileage data for other models
Mitsubishi Motors Corp used improper fuel economy data for additional models that are no longer being sold and plans to report on the matter soon to Japan's transport ministry, local media reported on Wednesday.
June 14, 2016 | 07:15 pm PT
Japan’s Mitsubishi jointly invests in $1.9 billion real estate project in Vietnam
Mitsubishi's decision came as demand for housing in Hanoi has risen sharply in recent years.
July 27, 2016 | 04:30 pm PT
Faulty Takata airbags force Mitsubishi to make car recall in Vietnam
The defective airbag inflators have been linked to 19 deaths and more than 180 injuries worldwide.
November 1, 2017 | 01:42 am PT
Mitsubishi Materials units falsified product data
This is the latest Japanese firm to admit problems with quality control.
November 23, 2017 | 06:22 pm PT
Japanese auto makers halt exports to Vietnam in wake of tightened quality checks
Vietnam’s new decree is aimed at protecting the local auto industry now that import taxes within the region have been eliminated.
January 17, 2018 | 03:45 am PT
Cars from Thailand zoom into Vietnam
The number of cars imported last month marked a 45.6 percent increase over May this year, according to the General Department of Vietnam Customs.
July 10, 2018 | 11:24 pm PT
Foreign-invested auto firms make a U-turn in Vietnam
Leading auto firms are embarking upon domestic production, reversing from a planned shift to imports.
August 7, 2018 | 02:53 am PT
Mitsubishi Motors bolsters crossovers sales
Mitsubishi Motors Vietnam managed to boost its sales via crossovers while eyeing the expansion of manufacturing and assembly in the country.
August 8, 2018 | 10:04 pm PT
Asian firms shuffle production around the region as China tariffs hit
A growing number of Asian manufacturers of products are moving to shift production from China to other factories in the region.
September 23, 2018 | 05:25 pm PT
Automaker Mitsubishi eyes full-scale production in Vietnam
Japanese automaker Mitsubishi Motors plans to expand its Vietnam operations by moving to full-scale production of parts within the country.
November 9, 2018 | 10:01 pm PT
MUFG Bank names head of global corporate banking for Vietnam
Mitsubishi UFJ Financial Group on Thursday named Calvin Nguyen head of global corporate banking for its commercial banking arm MUFG Bank in Vietnam.
February 14, 2019 | 06:37 pm PT
Top selling car models over the last 7 years
Toyota models were dominant 2013-2016, but others have gained ground since 2017.
August 25, 2019 | 05:05 pm PT
Mitsubishi to recall over 14,000 Xpander cars for fuel pump fault
Mitsubishi Motors Vietnam will recall 14,051 Xpander cars manufactured in Indonesia between August 14, 2018 and August 26, 2019 to fix a fuel pump problem.
September 30, 2019 | 08:12 pm PT
Four automakers recall 35,000 vehicles in Vietnam
Ford, Honda, Mitsubishi and VinFast are recalling a total of 35,025 vehicles to fix faults with fuel pumps, airbags, transmission and seat belt tensioners.
June 19, 2020 | 12:24 am PT
Central province seeks nod for $250 mln auto plant
Binh Dinh Province has proposed adding a $250 million auto factory to its list of future FDI projects.
August 18, 2020 | 01:04 am PT
Mitsubishi Vietnam recalls over 9,000 cars to replace fuel pumps
Mitsubishi Motors Vietnam is recalling 9,066 Outlander and Xpander cars to fix a fuel pump issue that could cause the vehicle to stall.
January 18, 2021 | 09:00 pm PT
Mitsubishi pulls out of central Vietnam coal plant
Japan’s Mitsubishi Corp has decided to pull out of a coal-fired power plant in central Vietnam amid growing international concern about environmental impacts.
February 26, 2021 | 06:15 am PT
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