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Mitsubishi Confirms End of U.S. Production

Mitsubishi Motors Corp.'s U.S. subsidiary will stop building vehicles in the U.S., and will instead export its vehicles into the U.S. market from Japan and Thailand, where they are less expensive to build, the company has announced.

Mitsubishi's Revamped Outlander to Roll Out in Japan

Mitsubishi Motors Corporation (MMC) has given the Outlander PHEV and Outlander improvements to the powertrain, body and chassis to deliver better quietness, acceleration, handling and stability, ride, and fuel economy.

Japanese Company Invests in Penske Truck Leasing

Penske Truck Leasing Co., L.P. has announced that Tokyo-based Mitsui & Co., Ltd. has acquired a 20-percent limited partnership interest in Penske Truck Leasing from General Electric Capital Corporation.

Toyota Introduces "Mirai" Fuel Cell Sedan

Toyota's President Akio Toyoda announced the official name of the fuel cell sedan before the vehicle's official launch Tuesday in Japan. For the full story, click here.

Global Auto Markets Continue to Grow

New registrations in Western Europe climbed by almost 6 percent, the U.S. auto market grew by more than 9 percent, and passenger car sales in China rose by 8 percent, according to a report by the Verband der Automobilindustrie (VDA).

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