Mitsubishi North America to get a new president/CEO
Yoichi Yokozawa has served since the Senior Executive Vice President of Mitsubishi North America since June 2010, having come across the pond where he oversaw Mitsubishi Motors Corporation’s North American Free Trade Agreement market operations. Yokozawa’s 13 year career with Mitsubishi Motors began in 1998 with Mitsubishi Motors Europe, where he moved through the company working in a variety of areas including merger and acquisition and corporate strategy. As he takes over the lead role in North American Mr. Yokozawa will have quite a tough task if the recent rumors of a total brand remake prove to be true.
We have recently heard that Mitsubishi will be killing off the Eclipse and Galant – two vehicles that have been the most popular of the brand in the US market. On top of those rumors is the news that Mitsubishi plans to kill off the high performance Lancer Evolution after the current version to pursue an entire lineup focused on nothing but high efficiency models based around a set of global platforms, like the MiEV displayed above. This has sent the faithful Mitsubishi performance community into a frenzy as they plead with the company to not do away with the high performance models but with Mitsubishi is severely poor shape in the US, something must be done for the Japanese automaker to survive in this market – and around the world.