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Mitsubishi Canada: Brand History & Summary
Mitsubishi Canada has 91 dealerships across Canada. In 2017, Mitsubishi Canada sold 22,706 units. It was a 0.4 percent increase in sales over the previous year. In the U.S., Mitsubishi Motors sold 103,686 units.
Mitsubishi Motor Sales of Canada handles sales, parts, and marketing for Japanese vehicle manufacturer Mitsubishi Motors. Mitsubishi Canada was established in 2002 in Mississauga, Ontario. It currently uses 91 dealerships across Canada to sell sedans, hatchbacks, crossovers, compact sports utilities and all-electric cars.
Founder Yataro Iwasaki started Mitsubishi Jokisen Kaisha (Mitsubishi Steamship Company) in 1870. It went through multiple business changes: In 1916, Yataro’s son Koyata took over the presidency and started to modernize the company. The company produced Japan’s first series-production passenger car the Mitsubishi Model A in 1917. The old Mitsubishi organization ended in 1946 and broke into multiple smaller companies. In 1954, 100 companies merged and created the Mitsubishi Corporation. Mitsubishi Corporation was one of the pioneers that helped Japan’s economic growth in the 50s and 60s. In 1971, Mitsubishi sold its first car in America as Dodge Colt. In 1987, The Mitsubishi Galant VR-4 introduced the first Electrically Controlled Suspension (ECS). In the 90s, it released the popular sports vehicles 3000GT and Eclipse. Today Mitsubishi is well-known for its compact SUV Outlander.
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New Car Offers continue after the Lease Takeovers
Recent Mitsubishi Takeovers
- Current Payment: 360 CAD/month + tax
- Residual Value: 11,605 CAD
- Months to End: 18 months (Jun, 2020)
- Contract Allowance: 20,000 km/year
- Current Odometer: 54,000 km total
- Available Now: 17,333 km/year (1,444 per month)
- Current Payment: 297 CAD/month + tax
- Original Downpayment: 1,000 CAD
- Residual Value: 10,743 CAD
- Months to End: 15 months (Feb, 2020)
- Contract Allowance: 16,000 km/year
- Current Odometer: 41,500 km total
- Available Now: 18,000 km/year (1,500 per month)
- Excess Km Cost: 0.08 CAD/km
Deal Special Perks
Explore the Full List of Mitsubishi Canada Offers
The following list contains all online quotable base models as of the estimated prices offered by Mitsubishi Canada for the current period. Prices are estimated based on the lowest Km per year, the specified term, rebates and taxes included.