| 1990 | - The "Minica Toppo" is launched.
- The "Diamante" is launched.
- Operations of the football club are transferred from Mitsubishi Heavy Industries to Mitsubishi Motors Corporation.
- The "GTO" is launched.
- 6G72 DOHC twin-turbo engine
- The Diamante and Sigma are voted '90-'91 Japan Car of the Year.
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| 1991 | - The "Pajero" is launched.
- Super-select 4WD, Multi-mode ABS
- 4G15 MVV engine
- The Lancer Van electric vehicle
- The "RVR" is launched.
- Inner-rail sliding door
- Mitsubishi Motors Corporation, the Dutch government and Volvo of Sweden conclude a joint passenger car production plan. Netherlands Car is established in the same year.
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| 1992 | - Pajeros finish first, second and third in the overall category of the Paris-Cape town rally.
- The "Galant", "Eterna" and "Emeraude" are launched.
- The first generation of the "Lancer Evolution" is launched.
- The "Debonair" is launched.
- INVECS 4-wheel multi-link suspension
- 4G92 MIVEC engine
- Distance Warning System, Passenger airbag
- Football Club, Mitsubishi Motors Corporation is established.
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| 1993 | - Power window with safety features
- Chrysler sells off its stock holdings of Mitsubishi Motors Corporation
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| 1994 | - The "Libero EV" is launched for use at public offices and corporations.
- The "Delica Spacegear" is launched.
- The "FTO" is launched.
- The "FTO" is voted '94-'95 Japan Car of the Year.
- The "Pajero Mini" is launched.
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| 1995 | - Gasoline Deirect Injection Engine (GDI) is developed.
- Mass production of the "Carisma" starts at Netherlands Car.
- Toyo Koki is renamed Pajero Manufacturing.
- DSM is renamed to MMMA.
- An advanced safety vehicle, the "Mitsubishi ASV" is developed.
- MSC in Thailand unveils the "L200 Strada."
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| 1996 | - A research and development company is established in the United States.
- The Tama Design Center is established.
- The "Challenger" is launched.
- The "Galant" and "Legnum" are launched.
- The "Carisma" manufactured at Netherlands Car is launched.
- The "Galant" and "Legnum" are voted '96-'97 Japan Car of the Year.
- Mitsubishi Motors Tokachi Proving Ground in Hokkaido is completed.
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| 1997 | - An agreement with Pininfarina of Italy on compact SUV production is reached.
- A component-producing plant is built in Yagi-cho, Kyoto prefecture.
- A joint venture is established for manufacturing engines in Shenyang, China.
- Issue of illegal payoffs to corporate racketeers.
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| 1998 | - A new company slogan is announced: "Iimono nagaku."
- Special Edition of the Jeep is launched to commemorate the end of its production.
- The "Pajero iO" is launched
- The "Mirage Dingo" is launched.
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| 1999 | - An electric vehicle (EV) runs 2000 km in 24 hours for a world record (Officially registered with Guinness Book of Records)
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