Mitsubishi Motors Holds 5% Stake of Automotive Financial Services Company in Australia

Tokyo, June 24, 2024 – Mitsubishi Motors Corporation (hearafter, Mitsubishi Motors) announced today that it has acquired 5.01% stake of fleet leasing company FleetPartners Group as of June 19.

 

FleetPartners provides comprehensive fleet management services mainly to corporate customers in Australia and New Zealand.

 

Tatsuo Nakamura, Executive Vice President (responsible for Sales) of Mitsubishi Motors said, “Australia is one of our core markets, and we have made this investment with the aim to further expand our sales channels and business opportunities in the country. We look forward to working with FleetPartners to grow our businesses."

 

[About FleetPartners group]

 

About Mitsubishi Motors

Mitsubishi Motors Corporation (TSE:7211) — a member of the Alliance with Renault and Nissan — is a global automobile company based in Tokyo, Japan, which has about 28,000 employees and a global footprint with production facilities in Japan and the ASEAN region. Mitsubishi Motors has a competitive edge in SUVs, pickup trucks and plug-in hybrid electric vehicles, and appeals to ambitious drivers willing to challenge convention and embrace innovation. Since the production of our first vehicle more than a century ago, Mitsubishi Motors has been a leader in electrification — launched the i-MiEV, the world’s first mass-produced electric vehicle in 2009, followed by the Outlander PHEV, the world’s first plug-in hybrid electric SUV in 2013. With a target of increasing the sales ratio of electrified vehicles to 100% by 2035, Mitsubishi Motors will deliver models that embody Mitsubishi Motors-ness and contribute to the realization of a carbon-neutral society.
For more information on Mitsubishi Motors, please visit the company's website at