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Latest mitsubishi News

201629 Jun

Mitsubishi-Ground-Tourer-Concept-Teaser-S.jpg Following the unveiling of the Concept XR PHEV II and eX Concept at the 2015 Geneva Motor Show and the 2015 Tokyo Motor Show respectively, Mitsubishi Motors Corporation (MMC) continues the development of its ‘Dynamic Shield’ design philosophy with its latest concept to be unveiled at this year’s Paris Motor Show.


201311 Apr

CarSalesStagnant-S.jpg It hasn't been the best of years for the Indian auto industry. Data compiled by the Society of Indian Autmobile Manufacturers (SIAM) shows that over the past 12 months, production has grown by just 1.2 %, from April 2012 till March 2013. The industry produced 1,685,355 vehicles in March 2013 as against 1,845,868 in March 2012, which declined by (-) 8.70 percent.


201309 Apr

siam-fta-S.jpg The Society of Indian Automotive Manufacturers (SIAM) has released a White Paper today, strongly opposing the proposed Free Trade Agreement (FTA) with the European Union. The proposed India-EU FTA seeks to curb and eventually cease import duties on completely built-up (CBU) vehicles imported into India from the European Region. SIAM’s contention is that such a move will adversely impact domestic car manufacturers.


201216 Mar

budget-S.jpg Car prices are set to rise in India, after a 2 % hike in basic excise duty from the present 10% to the proposed 12 %. Additionally, excise duty on large cars will also increase from 22% presently to 24%. However, the government has decided against imposing a ‘diesel tax’, a move which has brought some respite to car-makers in the country.