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4-Traders Homepage  >  Equities  >  Tokyo  >  MITSUBISHI MOTORS CORPORATION    7211   JP3899800001

MITSUBISHI MOTORS CORPORATION (7211)
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MITSUBISHI MOTORS : Eclipse Cross and GT-PHEV Scoop Prestigious GOOD DESIGN Awards

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04/23/2018 | 10:21am CEST

TOKYO, Apr 23, 2018 - (ACN Newswire) - Two of Mitsubishi Motors' latest creations - the Eclipse Cross SUV and the GT-PHEV Concept - have received GOOD DESIGN(1) awards from experts at The Chicago Athenaeum.

The awards are an indication of the success of Mitsubishi Motors design renaissance which has seen a new looks for the face-lift for the Outlander, a string of acclaimed concept cars, and an all-new Eclipse Cross.

The GOOD DESIGN awards are the oldest and the most prestigious Global Awards Program for Design Excellence and Design Innovation. Organized by the Chicago Athenaeum Museum of Architecture and Design, they are intended to create an awareness of contemporary design and to honor both products and industry leaders in design and manufacturing.

GOOD DESIGN was founded in Chicago in 1950 by architecture and design legends Edgar Kaufmann, Jr., Eero Saarinen, and Charles and Ray Eames.

"It is an honour to have our hard work recognized by such a prestigious organization," said Tsunehiro Kunimoto, CVP of the Design Division at Mitsubishi Motors. "The Eclipse Cross is the first all-new car which features our Robust and Ingenious design philosophy. The GT-PHEV Concept hints at how this direction will shape the next generation of Mitsubishi SUVs."

The Eclipse Cross is a fusion of sharp coupe looks and dynamic SUV mobility with signature Mitsubishi styling, technology and driving confidence. It features Mitsubishi's signature DYNAMIC SHIELD front design concept, with a protective shield shape visually formed by the black central area and chrome accents.

The rear design is distinguished by the almost cubist styling created around the high-mounted, stretched rear lamps and a horizontally divided rear window.

The MITSUBISHI GT-PHEV Concept, first seen at the Paris Motor Show in 2016, also features Mitsubishi's latest design language together with MMC's advanced and proprietary electric and all-wheel control technologies.

In its overall design, the MITSUBISHI GT-PHEV Concept projects the image of a "ground tourer", expressing robust and ingenious qualities.

"The GT-PHEV is not a production car. But it gives a clear indication of how Mitsubishi's design language will evolve into cars you will be able to buy in the near future," said Kunimoto. "I hope our work to bring Robust and Ingenious designs to fruition will continue to be recognized."

http://www.acnnewswire.com/topimg/Low_MitsubishiEcipseCross.jpg

Eclipse Cross

http://www.acnnewswire.com/topimg/Low_MitsubishiGTPHEV.jpg

MITSUBISHI GT-PHEV Concept

(1) GOOD DESIGN is a Federally Registered and Protected Trademark of The Chicago Athenaeum.

About Mitsubishi Motors

Mitsubishi Motors Corporation is the sixth largest automaker in Japan and the sixteenth largest in the world. 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. From October 2016, Mitsubishi is one-third owned by Nissan, and a part of the Renault - Nissan - Mitsubishi Alliance. For more information, please visit www.mitsubishi-motors.com/en/index.html.

Contact:

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

Copyright 2018 JCN Newswire . All rights reserved.

© Japan Corporate News, source JCN Press Releases

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Financials ( JPY)
Sales 2018 2 143 B
EBIT 2018 -
Net income 2018 99 463 M
Finance 2018 540 B
Yield 2018 2,26%
P/E ratio 2018 11,24
P/E ratio 2019 11,53
EV / Sales 2018 0,28x
EV / Sales 2019 0,25x
Capitalization 1 136 B
Chart MITSUBISHI MOTORS CORPORAT
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MITSUBISHI MOTORS CORPORAT Technical Analysis Chart | 7211 | JP3899800001 | 4-Traders
Technical analysis trends MITSUBISHI MOTORS CORPORAT
Short TermMid-TermLong Term
TrendsNeutralBearishNeutral
Income Statement Evolution
Consensus
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Mean consensus HOLD
Number of Analysts 14
Average target price 846  JPY
Spread / Average Target 11%
EPS Revisions
Managers
NameTitle
Osamu Masuko President, CEO & Representative Director
Carlos Ghosn Bichara Chairman
Trevor Mann Chief Operating Officer
Masao Kuruma Chief Information Officer
Harumi Sakamoto Non-Executive Director
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