Mitsubishi Motors and MHI Announce Joint Development of a New Generation Diesel Engine.Tokyo, Japan, June 20, 2006 - (JCN JCN Japan Corporate News JCN Journal of Cognitive Neuroscience JCN Journal of Cardiovascular Nursing JCN Journal of Christian Nursing JCN Job Control Number JCN Journal of Child Neurology JCN joint communications network (US DoD) Newswire) - Mitsubishi Motors Mitsubishi Motors Corporation (三菱自動車工業株式会社 and Mitsubishi Heavy Industries have agreed on a joint development project for a new generation diesel engine to be used in cars exported to Europe. After the agreement is finalized, development will begin in earnest with a target of beginning mass production in 2010. Demand for diesel engines has been growing as the European market calls for lowering CO2 emissions. Mitsubishi Motors, together with efforts in electric vehicles, is developing this engine as a nucleus of its environmentally friendly Environmentally friendly, also referred to as nature friendly, is a term used to refer to goods and services considered to inflict minimal harm on the environment.[1] technology. The engine will be a two-liter class unit aimed for use in small to mid-sized cars. In addition to meeting Europe's strict new emissions standards (Euro5*), the unit is aimed to achieve best-in-class levels of output and emissions performance. Development will be completed in mid-2009, and the engine will be introduced to Mitsubishi Motors' key European market models. Mitsubishi Motors currently uses proprietary diesel engines in its European market Pajero SUV model as well as in the Triton pickup (L200) manufactured in Thailand. In small and mid-sized cars however diesel engines are supplied by Volkswagen AG Volkswagen AG (VW) Major German automobile manufacturer. It was founded in 1937 to mass-produce a low-priced “people's car” (Volkswagen). After World War II the company was rebuilt with Allied help, and within a decade it was producing half of West Germany's and DaimlerChrysler AG. In addition to possibly providing engineering expertise gained through experience in industrial and marine diesel engines, as well as in gas turbine technologies, Mitsubishi Heavy is studying the provision of equipment and systems for development and testing. Also, expert engineers may be dispatched from Mitsubishi Heavy to Mitsubishi Motors to aid in the project. Going forward, Mitsubishi Heavy will continue to provide technical expertise and support to aid in the execution of Mitsubishi Motors' revitalization plan, while also expanding co-development projects and other businesses that benefit both companies. * Euro5: A new emission standard Emission standards are requirements that set specific limits to the amount of pollutants that can be released into the environment. Many emission standards focus on regulating pollutants released by automobiles (motor cars) and other powered vehicles but they can also regulate to be enacted from 2010. The new standard calls for stricter standards for particulate pollutants pollutants see environmental pollution. and emissions of nitrogen oxides over the current Euro4 standard. About Mitsubishi Heavy Industries, Ltd. Mitsubishi Heavy Industries, Ltd. ('MHI'; TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). : 7011), headquartered in Tokyo, Japan, is one of the world's leading heavy machinery manufacturers, with consolidated sales of 2,792 billion yen in fiscal 2005 (ended March 31, 2006). MHI's diverse lineup of products and services encompasses shipbuilding, steel structures, power plants, chemical plants, environmental equipment, industrial and general machinery, aircraft, space rocketry rock·et·ry n. The science and technology of rocket design, construction, and flight. rocketry Noun the science and technology of the design and operation of rockets and air-conditioning systems. For more information, please visit the MHI MHI Manufactured Housing Institute MHI Montreal Heart Institute (Montreal, Quebec, Canada) MHI Median Household Income MHI Main Hawaiian Islands MHI Material Handling Institute website (http://www.mhi.co.jp). About Mitsubishi Motors Corporation Mitsubishi Motors Corporation (TSE: 7211) was established in 1970 and is one of the few automobile companies in the world that produces a full line of automotive products ranging from 660-cc mini cars and passenger cars to commercial vehicles and heavy-duty trucks and buses. The company also operates consumer financing services and provides this to its customer base. Source: Mitsubishi Motors Corporation Contact: Mitsubishi Motors Media Center https://media.mitsubishi-motors.com/index.php Copyright [c] 2006 JCN Newswire. All rights reserved. A division of Japan Corporate News Network K.K. |
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