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Mitsubishi revamps U.S. strategy
Mon, 24 Jan 2011Mitsubishi plans a different U.S. model lineup and a new production strategy for its assembly plant in Normal, Ill., as it shifts emphasis away from regionally focused vehicles to global small cars, hybrids and electrics. Shinichi Kurihara, CEO of Mitsubishi Motors North America, says the company will launch four new models in the United States within three years, as four slow-selling U.S.-built vehicles are phased out of production by 2014.
Global car launches at Pebble Beach 2013
Tue, 20 Aug 2013Not content with playing host to hundreds of the world’s rarest classic cars, the 2013 Pebble Beach motoring week in Monterey, California, also saw the first global public outings of several new cars and concepts. Here’s our pick of these high-profile unveilings with cars from established mega brands like BMW, Aston Martin and Cadillac as well as exotic specialists like fiercely independent Dutch brand Spyker and Moroccan supercar marque Laraki.
Ford's NA Design Director aims to shorten product lifecycles
Wed, 16 Jul 2008Peter Horbury, Ford Motor Company North America Design Director, has told Automotive News he intends to shorten product lifecycles at the ailing company from an average five years to three years starting this decade. "We feel there is no value in minor changes but a huge value in major changes," Horbury told the industry weekly. Ford needs to ensure that buyers continue visiting showrooms as the giant automaker struggles to retain market share.