Mitsubishi has unveiled their "New Stage 2016" business plan which calls for launching several new models.

Mitsubishi has unveiled their "New Stage 2016" business plan which calls for launching several new models.

Things will kick off in fiscal year 2014 when the company launches a redesigned Triton / L200. A year later, the company will introduce the new Pajero Sport / Montero Sport / Nativa. Mitsubishi is also developing a new RVR / ASX / Outlander Sport, Delica D:5 and Pajero / Montero / Shogun as well as a small and large plug-in hybrid electric vehicle. These models are slated to arrive in the 2015 fiscal year or later.

Mitsubishi also revealed they intend to cut costs eliminating the number of products they produce and the number of platforms that they utilize. As a result, Mitsubishi will only have 13 models and seven platforms in 2016.

Mitsubishi is also aiming to become a leader in electric vehicle technology as they expect 20% percent of their models will be electric or plug-in hybrid electric vehicles by 2020.

 

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