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MITSUBISHI MTRS (MMTOY) Stock News

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Mitsubishi Motors Corporation has selected Syncron Price™ to enhance its service parts pricing strategy. This AI-driven solution aims to improve pricing efficiency and optimize sales and profit margins amidst a complex aftermarket landscape. Mitsubishi recognizes the growing importance of aftermarket business due to shifting consumer behaviors and acknowledges the challenges in forecasting demand and pricing. Syncron's expertise is expected to address these challenges and transform Mitsubishi's pricing management into a competitive advantage over time.

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Mitsubishi Motors Corporation (MMC) unveiled the design of its all-new plug-in hybrid (PHEV) Outlander SUV, set to launch in Japan in mid-December and the U.S. in the second half of 2022. The new model features a bold design, modern interiors, and third-row seating. A world premiere event will occur on October 28, with a live stream available on MMC's website. The gasoline version recently won a Wards 10 Best Interiors award in the U.S., highlighting MMC's commitment to innovation in the SUV segment.

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Mitsubishi Motors Corporation is set to launch an evolved version of its Super-All Wheel Control (S-AWC) system in the new Outlander PHEV model in Japan during the second half of fiscal 2021, followed by a release in the U.S. in 2022. This upgraded system promises enhanced safety, comfort, and driving experience across varied conditions, featuring a twin-motor 4WD system and seven selectable drive modes. The vehicle aims to optimize performance by balancing power distribution between front and rear wheels, enhancing maneuverability and handling.

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Mitsubishi Motors Corporation (TSE:7211) announced the launch of a new plug-in hybrid (PHEV) model of the Outlander SUV, set to debut in Japan in the latter half of fiscal 2021 and in the U.S. in the second half of 2022. This upgraded model features enhanced motor output, increased battery capacity, and accommodates seven passengers. The Outlander PHEV has established itself as a leader in the PHEV market since its global debut in 2013, furthering MMC's commitment to electric vehicle development. The company aims for a 40% reduction in CO2 emissions from new cars by 2030, with PHEVs as central to this goal.

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FAQ

What is the current stock price of MITSUBISHI MTRS (MMTOY)?

MITSUBISHI MTRS (MMTOY) last closed at $19.6425.

What is the market cap of MITSUBISHI MTRS (MMTOY)?

The market cap of MITSUBISHI MTRS (MMTOY) is approximately $2.9B.