On May 29, 2026, Mitsubishi unveiled a mid-to-long-term vision reviving the Pajero after seven years and turning it into a series. With a ~1 trillion yen ($6.3B) investment, a hybrid pivot, and Nissan-built US vehicles to dodge tariffs, the comeback rides a global wave of heritage-SUV revivals.
Mitsubishi Electric is in talks to transfer 50% of its $4.3B auto parts subsidiary to Taiwan's Foxconn, with a deal expected by May. As BYD captures 19% of the global EV market, how is Japan's auto supply chain being reshaped?
