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Monday, September 06, 2010  
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Mitsubishi Motors All-New Compact Crossover to be Named "RVR" in Japan

Tokyo, Dec 3, 2009 - (ACN Newswire) - Mitsubishi Motors Corporation (MMC) has decided to name its all-new compact crossover the RVR. This all-new compact crossover is planned for sequential release globally, and will be first released in Japan next spring.

The all-new RVR is a compact crossover that provides high environmental efficiency and has a compact body while providing ample utility space and high performance.

The RVR will be fitted with an all-new 1.8L MIVEC petrol engine, and will be approximately 4.3 meters in length, featuring high fuel efficiency via its lightweight compact body. With the RVR, MMC expands its crossover lineup, which already includes the full-size Pajero, and the mid-size Outlander.

This new compact crossover will be released globally, including North America, Europe, and Asian regions including China.


About Mitsubishi Motors

Mitsubishi Motors Corporation is the fifth largest automaker in Japan and the fifteenth largest in the world by global unit sales. It is part of the Mitsubishi keiretsu, formerly the biggest industrial group in Japan, and was formed in 1970 from the automotive division of Mitsubishi Heavy Industries.

Throughout its history it has courted alliances with foreign partners, a strategy pioneered by their first president Tomio Kubo to encourage expansion, and continued by his successors. A significant stake was sold to Chrysler Corporation in 1971 which it held for 22 years, while DaimlerChrysler was a controlling shareholder between 2000 and 2005. Long term joint manufacturing and technology licencing deals with the Hyundai Motor Company in South Korea and Proton in Malaysia were also forged, while in Europe the company co-owned the largest automobile manufacturing plant in the Netherlands with Volvo for ten years in the 1990s, before taking sole ownership in 2001.

Contact:
Mitsubishi Motors
Public Relations Department
http://www.mitsubishi-motors.com
+81-3-6852-4275


Dec 3, 2009
Source: Mitsubishi Motors

Topic: Press release summary
Sectors: Automotive
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From the Asia Corporate News Network


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