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On 6 February 2023, Mitsubishi Heavy Industries terminated the Spacejet project along with its plans to enter the jetliner business and planned to liquidate its Mitsubishi Aircraft Corporation subsidiary. [11] [12] As of April 25 2023, the company was renamed MSJ Asset Management Company as part of the liquidation and its website was taken offline.
Mitsubishi Heavy Industries, Ltd. (三菱重工業株式会社, Mitsubishi Jūkōgyō Kabushiki-kaisha, MHI) is a Japanese multinational engineering, electrical equipment and electronics corporation headquartered in Tokyo, Japan. MHI is one of the core companies of the Mitsubishi Group and its automobile division is the predecessor of ...
The Xforce offers four driving modes depending on variant: Normal, Wet, Gravel and Mud. The 'Wet' mode is the first for a Mitsubishi Motors model. According to Takao Kato, president and CEO of Mitsubishi Motors, the company is working on an electrified variant of the SUV in the future, which may be launched in regions outside of ASEAN. [11]
The Alef design utilizes hub motors for land travel, while for flight it incorporates eight motor-controller-propeller systems providing distributed electric propulsion, covered by a continuous mesh upper surface to allow airflow during vertical flight. [6] The Model A employs an unusual transition between vertical and forward flight modes.
Despite DaimlerChrysler's involvement, debts at Mitsubishi continued to accumulate. A torpid economy in Japan dragged down the company's domestic performance in 2003, while the same year the after effects of a disastrous credit scheme in the U.S. saw Mitsubishi Motors North America suffer a US$454 million loss.
The Mitsubishi PS platform, also known as "Project America", is a mid-size, front-wheel drive platform developed by Mitsubishi Motors North America.All vehicles built at the Diamond-Star Motors facility in Normal, Illinois are underpinned by the platform, as is the Australian built Mitsubishi 380, which is loosely derived from the PS-based ninth generation of the Mitsubishi Galant.
MHI officially launched the Mitsubishi Regional Jet program on March 28, 2008, with an order for 25 aircraft (15 firm, 10 optional) from All Nippon Airways, targeting a 2013 introduction. [9] Mitsubishi was targeting a 20% share of 5,000 sales forecast in the 70-90-seat bracket over 20 years.
The Motor Sich Joint Stock Company (Ukrainian: АТ «Мотор Січ») is a Ukrainian aircraft engine manufacturer headquartered in Zaporizhzhia. The company manufactures engines for airplanes and helicopters as well as industrial marine gas turbines and installations.