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Mitsubishi Motors fires Carlos Ghosn from Chairman position.

Japanese automaker Mitsubishi Motors, which is allied with Renault and Nissan, has fired Carlos Ghosn from his chairman position, a week after he was arrested over allegations that he under-reported his income by millions of dollars. Prosecutors allege Ghosn under-reported his income by $44 million over five years. As per Japanese law, a suspect can be […]

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Mitsubishi may set up its small car manufacturing facility in India.

Mitsubishi Motors Corporation (MMC) may be exploring the option at setting up its small cars manufacturing hub in India. MMC presently does not have any representation in the small car market. The small car market accounts for about 70 per cent of all vehicle sales in India. This segment has been seeing lots of activity […]