A New Mitsubishi Montero Is Coming, but Not as Soon as Expected

Mitsubishi announced plans to launch updated or entirely new vehicle models annually in North America through March 2031. This product offensive includes the revival of the Montero SUV and the introduction of a new mid-size truck. The company's strategy, detailed in its "Challenge 2025" mid-term management plan, aims to bolster its presence in key markets. Mitsubishi has committed to investing in electrification and new vehicle development to meet evolving consumer demands and regulatory requirements. The specific timelines for the Montero and the new truck have not yet been disclosed, but their arrival is anticipated within this multi-year rollout. The "Challenge 2025" plan also outlines efforts to improve profitability and operational efficiency across its global operations. This aggressive product cadence signals Mitsubishi's intent to regain market share and compete more effectively against rivals in the North American automotive landscape. The company's focus extends beyond just SUVs and trucks, with plans for other vehicle segments also expected to be addressed over the next seven years.
Original source — read the full reporting at the publisher:
Read on Car and Driver