Mitsubishi plans bigger line-up in next 2 years

Published on Sat, Mar 08, 2008 at 09:22 |  Source : Business Line

Updated at Sat, Mar 08, 2008 at 09:51  

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Recently in Geneva Mitsubishi Motors Corporation, the Japanese collaborator of Hindustan Motors , is looking to expand its presence in the Indian market with a bigger line up of vehicles in the next two years.

The company, which has had a manufacturing collaboration with HM since 1998, and which currently has three models in the market, is also targeting to triple its sales during the next two years from the present 3,000-odd vehicles to about 10,000 units by 2010.

Amongst the first new products to be launched in the market here will be the Mitsubishi Outlander, a crossover sports utility vehicle (SUV) like the Honda CR-V and the Chevrolet Captiva.

Currently, the Mistubishi Lancer Cedia sedan, and the Pajero and Montero SUVs are sold by HM through its dealerships. One of the other products that Mitsubishi executives have spoken about for a possible India debut is the i-MiEV (Mitsubishi Innovative Electric Vehicle).

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