Latest Automotive News

Subscribe in a reader




Auto Price Quote
Get a free auto price
quote from Edmunds!

Mitsubishi Motors to introduce new model in India

Email   small font medium font large font

Google
 
Web AutoNews24h.com
Tokyo  — At the New Delhi Auto Expo that opened today and runs until January 17, Mitsubishi Motors Corporation today unveiled the new Lancer to be produced and sold by the company's local business partner Hindustan Motors Limited (HML). The model will carry the Lancer Cedia nameplate in India.

The new model will be produced alongside the current Lancer that went into production and on sale in 1998 and will be sold through HML's network of 37 dealerships. Plans call for an annual sales volume of 3,600 units.

The company plans to export to and introduce in India a new Pajero model in May this year and later to launch Outlander (Airtrek in Japan) and Grandis models.

The company is working to expand its lineup of Mitsubishi brand vehicles and to boost its presence in India which, with Brazil, Russia and China, is a member of the emerging BRICs countries that are seen as promising growth markets for the near future.

Receive the latest automotive news by email!

Enter your email address:


Find the new car you want on cars.com

Related news
Mitsubishi Motors Corporation announces that, as one of the key elements of its strategy for the Asian region in fiscal 2008, it is to enter the built-up car sales business in Korea ...
Mitsubishi Motors shows new Lancer Evolution at Beijing International Motor Show — launch slated for this fall. ...
Mitsubishi Motors Corporation today announced global production, as well as domestic sales and export figures for both for March 2008 and the 2007 fiscal year. March 2008 Production: total and in Japan Total global ...
Mitsubishi Motors Corporation today announced global production, as well as domestic sales and export figures for February 2008. Production: total and in Japan Total global production came in at 128,606 ...
Mercedes-Benz is fastest-growing premium brand in China Dr. Joachim Schmidt: “Continued dynamic growth and expansion of our steadily increasing market presence.” Positive development in other BRIC countries as well Increased production capacities in ...
Volkswagen AG plans to introduce two more sedans in India this year and produce 110,000 cars a year there from 2009, when a new plant begins operations, the German automaker said Wednesday. Consumers in ...
NEW DELHI (AP) _ Indian automaker Tata Motors is on track to begin selling an ultra-cheap small car next year, a top executive said Wednesday. Managing director Ravi Kant, however, acknowledged that higher costs ...
India’s largest automobile company, known as Tata Motors, reached it’s one million sales mark for passenger vehicles in India.  The first passenger car, the Tata Sierra, rolled off of the ...
TOKYO (AP) _ Mitsubishi Motors Corp. will dissolve an engine-production venture with DaimlerChrysler AG (NYSE:DCX) by selling its stake to the German automaker, a news report said Monday. The report by Kyodo News agency ...
Mitsubishi Motors Corporation (MMC) announces today that it has decided to transfer production of all EU-bound SUVs it supplies to PSA Peugeot Citroen from its Mizushima Plant (Kurashiki, Okayama Prefecture), where they are ...

Best Investment Newsletter

- 46% in 2008

- invest in the best performing US stocks only and sell them when the uptrend is over

- very easy to follow, simple buy/sell signals

- no need to have investing or trading experience

Find More Now!


Mitsubishi Motors to introduce new model in India
> © 2006-2011 AutoNews24h.com except where otherwise noted