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mitsubishi motors corp (7211) Snapshot

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mitsubishi motors corp (7211) Details

Mitsubishi Motors Corporation designs, develops, manufactures, assembles, markets, imports, and sells automobiles, and related component and replacement parts in Asia, Africa, Europe, Latin America, the Middle East, North America, and the Oceania. Its products include cars and motors vehicles; and automobile engines, transmissions, and parts. The company is involved in the purchase and sale of used automobiles, as well as component and replacement parts, and accessories of used automobiles; sale of measuring equipment; and insurance agency and financing businesses. Mitsubishi Motors Corporation was founded in 1970 and is headquartered in Tokyo, Japan.

29,555 Employees
Last Reported Date: 06/24/16
Founded in 1970

mitsubishi motors corp (7211) Top Compensated Officers

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mitsubishi motors corp (7211) Key Developments

Investors Seeks To Acquire Burbo Bank Extension Transmission Link

Office for Gas and Electricity Markets (OFGEM) has shortlisted five bidders to own and operate the $302 million transmission link to the 258MW Burbo Bank Extension offshore wind project in the Bay of Liverpool. Following completion of final stage of the tender, OFGEM will name the offshore transmission owner (OFTO) for the wind project, which is scheduled to enter service in 2017. The winner will receive a guaranteed revenue stream for 20-year period, under the terms of their license. The shortlisted bidders include Balfour Beatty Equitix, a consortium formed by Balfour Beatty Investment Holdings Ltd and Equitix Limited, Dalmore Capital Limited and Diamond Transmission Partners BBE Limited, a consortium comprising Mitsubishi Motors Corporation and HICL Infrastructure Company Limited. Other bidders include Mari Energy Transmission, a consortium comprising Macquarie Group Limited and Frontier Power Ltd as well as Transmission Capital Partners, consortium formed by International Public Partnerships and Transmission Capital Partners. OFGEM plans to announce the preferred bidder in April 2017 for the Burbo Bank Extension transmission link, which is being tendered under the fourth round of the OFTO regime.

Mitsubishi Motors Corporation Suspends Sales of Eight Car Models in Japan

Mitsubishi Motors Corporation has suspended sales of eight car models in Japan. The company has taken this step after the country's Transport Ministry said the company overstated fuel-economy figures. The Transport Ministry has ordered the automaker to correct the numbers, which were out by around 8.8%. The company stated it is to suspend sales of the eight models for two weeks.

Mitsubishi Motor Corporation Plans to Launch Compact Electric Vehicle with 250 Mile Range by 2020

Mitsubishi Motor Corporation is planning to launch its compact electric vehicle with a 250 mile range by 2020.

 

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Price/Sales 0.2x
Price/Book 0.9x
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TEV/Sales 0.0x
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