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In addition, Mitsubishi was ordered to pay punitive damages to the three women in the amount of $94 million. [ 6 ] The widows of the workers, Marjorie DeGrave, Ramona Dulde-Starr and Patricia Wischer, settled a lawsuit against Mitsubishi Heavy Industries of America, the company responsible for constructing the retractable roof of the stadium ...
Mitsubishi's North American R&D facility in Ann Arbor, Michigan in 2010 2015 was a record setting year for MMNA, selling five million vehicles to date and 95,342 for the year in the United States, continuing a streak of 22 consecutive months of year-over-year sales increases and a 23 percent sales increase over the previous year.
Chrysler sold its equity stake to Mitsubishi in 1993, and Diamond-Star Motors was renamed Mitsubishi Motors Manufacturing America (MMMA) on July 1, 1995. [3] Despite the departure, the two companies have maintained various co-operative manufacturing agreements since and considered all vehicle produced until 1995 [ 9 ] as Diamond Star Motors.
Four defects were first publicised in 2000, but in 2004, it confessed to 26 more going back as far as 1977, including failing brakes, fuel leaks, and malfunctioning clutches. The effect on the company was catastrophic, forcing it to recall 163,707 cars (156,433 in Japan and 7,274 overseas) for free repair. [65]
The carmaker will halt the night shift at its Mizushima plant, excluding the minicar line. Nighttime work at the Okazaki factory will stop from February 2. The cuts are part of Mitsubishi's move to reduce planned output by 110,000 vehicles in the year ending March because of tumbling sales in Japan, the U.S. and Europe.
Mitsubishi's difficulties contributed to a sharp fall in the DaimlerChrysler group's profits, and following the recall of a further 1.5 million cars in February 2001, including almost a million in the U.S., [20] the German parent moved quickly to restructure; approximately 10,000 Mitsubishi employees would be axed and one of its four assembly ...
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On 6 February 2023, Mitsubishi Heavy Industries terminated the Spacejet project along with its plans to enter the jetliner business and planned to liquidate its Mitsubishi Aircraft Corporation subsidiary. [11] [12] As of April 25 2023, the company was renamed MSJ Asset Management Company as part of the liquidation and its website was taken offline.