MITSUBISHI MOTORS STRENGTHENS FUTURE OF BRAND IN CANADA THROUGH UPDATED MOMENTUM 2030 PLAN

Momentum 2030 serves as the catalyst for future Canadian-focused product development, dealer network expansion, and market share growth

Comprehensive product renewal strategy and expansion into new vehicle segments are central to Momentum 2030, including intent to re-enter the pickup truck segment through collaboration with Nissan

All-new Eclipse Sportback battery-electric SUV will launch this fall, followed by a rugged, off-road-focused Outlander variant in the first quarter of 2027

Mitsubishi Motors Corporation also recently outlined its global mid- to long-term vision for strengthening the brand around the world, with a specific commitment to restoring brand strength in Canada

MISSISSAUGA, ON, August 25, 2026 – Mitsubishi Motors Momentum 2030 is more than just a business plan for Mitsubishi Motors in Canada. It represents the company’s long-term commitment to strengthening the brand, expanding customer choice, and creating sustainable growth for customers, dealer partners and employees alike.

Reinforcing that commitment, Mitsubishi Motors recently hosted a confidential, invitation-only dealer meeting where company leadership shared future product plans and strategic initiatives that will drive the next phase of growth for the brand, as well as revealing concepts and designs of models that will underpin this product-led growth.

Central to the North American strategy is an expanded focus on adventure-oriented and off-road-capable vehicles. As customer demand continues to shift toward more rugged and versatile products, Mitsubishi Motors will broaden its portfolio with vehicles designed to strengthen the brand’s presence in these growing segments.

As part of this strategy, Mitsubishi Motors is also considering, subject to related mandates, to re-enter the pickup truck segment in Canada through its collaboration with Nissan, further expanding the brand’s reach and relevance across the market.

Momentum 2030 is built around four strategic pillars:

A path to electrification

A path to a renewed and expanded product lineup that strengthens Mitsubishi Motors in North America

A path to a modernized retail sales model

A path to network expansion and sustainable sales growth

In a separate announcement from Mitsubishi Motors Corporation in Japan, the company also announced the return of the legendary Pajero (Montero) nameplate. While no decision has been made regarding a Canadian introduction of this vehicle, the model’s return strengthens Mitsubishi Motors globally by reconnecting the brand with one of its most iconic and celebrated nameplates.

“The updated Momentum 2030 product plan we have shared with our dedicated network of dealers across Canada has helped cement in their mind how committed Mitsubishi Motors is to the Canadian market,” said Kenichi Kawaji, President and CEO of Mitsubishi Motor Sales of Canada. “We will celebrate our 25th anniversary in Canada next year, and this updated Momentum 2030 plan gives us a clear path forward. The product lineup Mitsubishi Motors will deliver in the years to come responds directly to feedback from our dealers and our customers, and strengthens the long-term future of the brand.”

In the near term, Mitsubishi Motors will expand its lineup in Canada from four vehicles today to six in 2027. The lineup will include: RVR; Eclipse Cross; the all-new Eclipse Sportback EV; Outlander; Outlander PHEV (Canada’s best-selling plug-in hybrid vehicle for the past three years); and a new rugged Outlander variant, with the model name to be announced in the coming months.

Customers and dealer partners have consistently expressed a desire for Mitsubishi Motors to compete in additional segments. Through Momentum 2030, the company is delivering on that expectation with a broader product portfolio, expanded customer choice, and a clear vision for long-term growth.