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Former MMC President Tagaya to become chairman of U.S. unit

TOKYO, Japan - Hideyasu Tagaya (file photo), who resigned last month as president of ailing Mitsubishi Motors Corp., will become chairman of the automaker's North American unit effective March 1, company sources said Feb. 15.

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M'bishi Motors group net loss hits fresh 1st-half record

TOKYO, Japan - Mitsubishi Motors Corp. President Hideyasu Tagaya briefs reporters about the company's half-year earning report in Tokyo on Nov. 8. Mitsubishi Motors' group net loss hit an all-time high of 146.16 billion yen in the April-September period.

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Mitsubishi Motors releases 1st new car in 17 months

TOKYO, Japan - Mitsubishi Motors Corp. President Hideyasu Tagaya poses with the company's new Colt Plus vehicle, its first new car model in about 17 months, Oct. 25 at the company headquarters in Tokyo.

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Mitsubishi Motors' net loss widens in April-June qtr

TOKYO, Japan - Mitsubishi Motors Corp. President Hideyasu Tagaya (C) speaks at a press conference in Tokyo on Aug. 4. The scandal-tainted automaker reported a group net loss of 54.69 billion yen in the first quarter of fiscal 2004, a larger loss than the 51.14 billion yen the same period of 2003.

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Mitsubishi Motors holds shareholders' meeting

TOKYO, Japan - New Mitsubishi Motors Corp. President Hideyasu Tagaya (L) and Chairman Yoichiro Okazaki (R) answer questions from reporters at the company's head office in Tokyo on June 29. In a shareholders' meeting earlier in the day, Okazaki apologized for scandals related to its massive vehicle defect coverups.

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M'bishi Motors group net loss hits fresh 1st-half record

TOKYO, Japan - Mitsubishi Motors Corp. President Hideyasu Tagaya briefs reporters about the company's half-year earning report in Tokyo on Nov. 8. Mitsubishi Motors' group net loss hit an all-time high of 146.16 billion yen in the April-September period. (Kyodo)

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Former MMC President Tagaya to become chairman of U.S. unit

TOKYO, Japan - Hideyasu Tagaya (file photo), who resigned last month as president of ailing Mitsubishi Motors Corp., will become chairman of the automaker's North American unit effective March 1, company sources said Feb. 15.

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MMC seeks tie-ups with makers other than DaimlerChrysler

TOKYO, Japan - Mitsubishi Motors Corp. President Hideyasu Tagaya speaks in a recent interview with Kyodo News. Tagaya said that the struggling automaker is discussing alliances with automakers at home and abroad in a bid to reduce its reliance on DaimlerChrysler AG. ''We are considering mutually beneficial business tie-ups'' with automakers in addition to DaimlerChrysler, he said. (Kyodo)

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Mitsubishi Motors releases 1st new car in 17 months

TOKYO, Japan - Mitsubishi Motors Corp. President Hideyasu Tagaya poses with the company's new Colt Plus vehicle, its first new car model in about 17 months, Oct. 25 at the company headquarters in Tokyo. (Kyodo)

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Mitsubishi Motors' net loss widens in April-June qtr

TOKYO, Japan - Mitsubishi Motors Corp. President Hideyasu Tagaya (C) speaks at a press conference in Tokyo on Aug. 4. The scandal-tainted automaker reported a group net loss of 54.69 billion yen in the first quarter of fiscal 2004, a larger loss than the 51.14 billion yen the same period of 2003. (Kyodo)

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Mitsubishi Motors holds shareholders' meeting

TOKYO, Japan - New Mitsubishi Motors Corp. President Hideyasu Tagaya (L) and Chairman Yoichiro Okazaki (R) answer questions from reporters at the company's head office in Tokyo on June 29. In a shareholders' meeting earlier in the day, Okazaki apologized for scandals related to its massive vehicle defect coverups. (Kyodo)