Japan's Mitsubishi Motors and France's Peugeot Citroen Wednesday scrapped an ambitious capital tie-up that would have created the world's sixth-largest auto alliance, after reports of financial discord. The companies in December confirmed they had discussed strengthening ties and a possible financial alliance ...
<div><p>Japanese automakers Mitsubishi and Mazda on Thursday cut their earnings forecasts for the year as a global economic slowdown and a soaring yen clouds the industry's outlook.</p><p>The economic crisis has sent shivers through Japan's auto industry, which in recent years has reaped ...
<div id="subtitle">New copper supply/demand rulebook being written: Kovacevic</div><div><p>What's driving copper to its recent high of $2.20 a pound? If demand is down, how is it possible that the price of copper went up 40% to 50% within the last three months alone? ...
<div id="subtitle">Mitsubishi unveils $47,000 zero-emissions electric car, eyes global expansion</div><div><p>Mitsubishi Motors Corp.'s electric vehicle is twice as expensive as popular hybrid cars by rivals Toyota and Honda, but Japan's No. 4 automaker said Friday the i-MiEV will help it survive increasingly intense ...
<div><p>Japan's Mitsubishi Motors Corp. rolled out its first zero-emission electric minicar Friday, hoping to capture a slice of the fast-growing market for environmentally friendly vehicles.</p><p>The new "i-MiEV" -- short for Mitsubishi Innovative Electric Vehicle -- can seat four adults, emits no carbon ...
<div><p> Compared with Japanese rivals Toyota (TM) and Honda (HMC), Mitsubishi Motors (7211.T) isn't renowned for its environmentally friendly lineup. Indeed, while Toyota was creating a market for hybrid cars with the Prius, Mitsubishi struggled to survive following an ill-fated tieup with ...
<div id="subtitle">Company to team up with Mitsubishi Corporation to develop rare earth resource opportunities</div><div><p>Neo Material Technologies (TSX: T.NEM, Stock Forum) announced Tuesday that it has signed a memorandum of understanding with Japan’s Mitsubishi Corporation, establishing a strategic partnership between the companies for ...
<div><p>Brunei, one of the world's top oil and gas producers, is venturing into alternative energy with the construction of Southeast Asia's largest solar power plant, officials said Thursday.</p><p>The plant will supply 1.2 megawatts of electricity to the national grid, the equivalent of ...
<div id="subtitle">Optimism has returned to the base metals markets</div><div><p>Base metal prices have been on a tear and are currently up much more then precious metals in 2009. Copper has almost doubled from its low, to $2.74/lb, zinc is up 70% to $0.80/lb ...
<div><p>French auto maker PSA Peugeot Citroen is considering a tie-up with Mitsubishi of Japan, the financial newspaper La Tribune reported on Friday, and the price of PSA shares jumped.</p><p>The paper, citing no source, said that Peugeot head Philippe Varin was "actively considering ...
