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Mitsubishi Pajero Sport’s next iteration of the Heart-in-Mouth rally will be held in Pune on 14th February. Adding more excitement to an already adrenaline pumped event is the participation of Dakar winner and world famous rally driver, Hiroshi Masuoka.
The fourth biggest auto maker of Japan, Mitsubishi Motors reported a growth of 53.2 percent in the net profit for the fiscal year 2011-12 despite the tumbled figures because of the strong yen in the last-quarter. Mitsubishi Motors earned 23.9 billion yen in FY 2011-12 against 15.6 billion yen in FY 2010-11. The operating profit witnessed a growth of 58.1 percent to 63.7 billion yen as the sales dropped by 1.2 percent to 1.81 trillion yen last year when Japan was extensively destructed by tsunami.
Mitsubishi Motors, declared recently that, the Japanese auto giants will introduce the company's first hatchback in the Indian car market in the next three years time. The new vehicle is being developed at Mitsubishi manufacturing unit in Thailand. Mitsubishi is also lured with the growing auto market small car segment which holds 70 per cent of the market share. The hatchback is expected to compete in the B+ segment with the likes such as Maruti Ritz, Maruti Swift, Volkswagen Polo, Nissan Micra, Hyundai i20 and Fiat Punto.
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