Osamu Masuko

Japanese automakers Mitsubishi and Mazda said on Thursday they were mired in the red in the six months to September, warning that the global car industry remains in a severe situation. Mitsubishi Motors Corp. posted a first-half net loss of 36.40 billion yen (402 million dollars), swinging into the red after a year-earlier profit of 12.77 billion yen. Revenue more than halved to 573.03 billion yen from 1.21 trillion yen, leaving the group with an operating loss of 32.50 billion yen, compared with a profit of 25.36 billion yen in the same period of 2008. "The current economic situation is extremely severe," Mitsubishi's president ... Read Full Story

Following reveal of the new Lancer-based Mitsubishi RVRcrossover, the Japanese carmaker has confirmed it is developing a new global compact car to replace the current generation Colt. While it is unclear whether the new model will inherit the Colt name, Mitsubishi Motors President Osamu Masuko confirmed basic details for the new car in an interview with industry paper Automotive News this week. According to the report, the new Mitsubishi compact will be smaller than the current Colt and powered by a 1.0 to 1.3 litre petrol engine. It is set to debut in 2012. The report goes on to say that plug-in electric and ... Read Full Story

Filed under: LA Auto Show , Hatchback , Mitsubishi , Specialty , Electric Mitsubishi Geek Squad i-MiEV – Click above for high-res image gallery While Mitsubishi didn’t unveil any new vehicles at the LA Auto Show today, company president Osamu Masuko did announce the latest step in his company’s plan to bring plug-in vehicles to North America. The vehicle – well, one of them – is an all-electric i-MiEV plastered with Best Buy’s Geek Squad logo. The electronics giant will start using them in January (after they’re shown off at CES) at some Geek Squad locations in California. Details have not yet been totally ... Read Full Story

So we’re at Mitsubishi’s LA Auto Show press conference. And MMC President, Osamu Masuko starts in about the all-new 2010 Outlander GT. And we start checking our Facebook (oooh, someone liked our status and a friend of ours is taking a road trip. Hmmm, maybe we can tag along). Suddenly this shot of a Lawson Mart flashes on the screen and visions of CC Lemon, Pocari Sweat and onigiri dance in our heads. But is that chica charging an i-MiEV at Lawson Mart? Sho nuff. It seems Mitsubishi has sold some 800 examples of the quirky little EV since it went on sale in ... Read Full Story

Source: (gas2.org) At the 2009 LA Auto Show, Mitsubishi’s President, Osamu Masuko, debuted the PX-MiEV judgment in North America, observant the SUV “matches the needs of the North American market” and the association skeleton to “revamp the car for recover in North America by the year 2013.” Read some-more of this story Submit this to Script & Style Share this on Blinklist Share this on del.icio.us Digg this! Post this on Diigo Share this on Reddit Buzz up! Stumble upon something good? Share it on StumbleUpon Share this on Technorati Share this on Mixx Post this to MySpace Submit this to DesignFloat Share this ... Read Full Story