2005 Mitsubishi Lancer Es Sedan 4-door 2.0l on 2040-cars

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Nissan shares slide 5% after report Renault exploring stake reduction

TOKYO — Shares of Nissan Motor Co slumped 5% on Monday, their biggest fall in more than a month, following a report that top shareholder Renault may consider lowering its stake in the Japanese automaker. Bloomberg reported on Friday that Renault may consider lowering its Nissan shareholding as part of plans to separate its electric vehicle business. The French car maker has been pushing ahead with plans to split its electric and combustion-engine businesses in an attempt to catch rivals such as Tesla and Volkswagen On Friday, Renault said all options were on the table for separating the electric vehicle business, including a possible public listing in the second half of 2023. Any plans would be subject to approval from alliance partner Nissan, Renault finance chief Thierry Pieton said, adding the Japanese automaker was "in the loop" as Renault weighed up its options. Renault and Nissan have declined to comment on the report. Shares of Nissan fell to 509.8 yen in Tokyo, marking their biggest one-day decline since early March and underperforming an almost 2% drop in the Nikkei index. The car makers' two-decade-old alliance, which includes Mitsubishi Motors, was rocked by the 2018 ouster of alliance founder Carlos Ghosn amid a financial scandal. They have since pledged to pool more resources. In January they said they would work more closely together to make electric cars. They detailed a $26 billion investment plan for the next five years. But their unequal relationship has long been a source of friction in Japan. Renault owns 43.4% of Nissan, which in turn has a 15% non-voting stake in its shareholder. Renault bailed out Nissan two decades ago, but is now the smaller automaker by sales. Related video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Earnings/Financials Green Mitsubishi Nissan Renault

2023 Mitsubishi Triton coming after the Ford Ranger overseas

The next-generation Mitsubishi Triton is coming soon to a trail near you — assuming you live outside of the United States. Known as the L200 in some global markets, the truck was shaped by a new, more rugged-looking design language that Mitsubishi calls "Beast Mode." Dark preview images published by the Japanese brand depict a pickup that has been reinvented from the ground up. While the current Triton features rather unusual proportions characterized by a slanted shut line and a super-sized rear overhang, its successor looks a little more conventional, though we'll make the final call when we see it in the metal. We spot a tall, upright front end with LED accents that Mitsubishi describes as "resembling the sharp gaze of a hawk" and a rectangular grille with both "Mitsubishi" lettering and the company's emblem. 2023 Mitsubishi Triton View 4 Photos We're curious to find out what's under the sheet metal. Mitsubishi recently expanded its European range with badge-engineered Renault models, such as the Clio-based Colt. Nothing suggests that the Triton is a badge-engineered version of another truck, and the current-generation Nissan Navara (which is unrelated to our Frontier) is likely too old to provide its platform. Could it be the other way around? Mitsubishi is part of the Renault-Nissan alliance, and the group strives to achieve economies of scale, so the Triton could also preview the next Navara. Of course, this is pure speculation. Nothing is official at this stage, and Mitsubishi isn't ready to release technical details. It hasn't published images of the interior yet, but a preview video embedded above suggests that upmarket models will receive a free-standing touchscreen for the infotainment system and a dial to select one of the transfer case's different options. Broadly speaking, we're expecting that the next Triton will offer a more SUV-like interior to reflect the fact that, even outside of America, buyers are increasingly using pickups as daily drivers. Mitsubishi will unveil the next-generation Triton in Thailand, where the model will be built, on July 26. The truck will be sold in a long list of nations, including several countries in Latin America and in the Middle East, but it doesn't sound like it will be offered in the United States. Elsewhere, the Triton will compete in an increasingly crowded ring against the Ford Ranger, the Volkswagen Amarok, and the Toyota Hilux. Related Video: This content is hosted by a third party.

1,400 Mitsubishi vehicles lost in shipping tragedy

A cargo ship carrying 1,400 Mitsubishi vehicles from Japan and Thailand collided with another vessel off the coast of Belgium and the Netherlands yesterday. The 485-foot Baltic Ace was carrying cars from Zeebrugge, Belgium to Kotka, Finland when it collided with the 439-foot Corvus J. While the Corvus J sustained damage during the incident, it is not in danger of sinking, and its 12-man crew is currently still on board.
The Baltic Ace, meanwhile, went under. Three ships from the Royal Dutch Sea Rescue Organization, two navy vessels, four helicopters and one coastguard aircraft spent the evening searching for survivors, but rough seas and high winds hampered the effort. Eighteen of the Baltic Ace's crew, including the captain, were rescued after being found in life rafts, but six remain missing. The search for survivors has officially been called off.
The collision occurred in one of the busiest shipping lanes in the North Sea, and the managers behind the Baltic Ace said they believed human error was to blame for the incident. Dutch police are currently looking into whether or not they can investigate the sinking despite the fact that the collision took place outside of the country's territorial waters.