New Mitsubishi SUV’s residual value is best in segment

Updated 04 November 2017

New Mitsubishi SUV’s residual value is best in segment

LONDON: The all-new Mitsubishi Eclipse Cross offers the highest residual values in its segment, according to British industry experts Cap hpi.
Cap hpi has forecast that the Mitsubishi Eclipse Cross 2, which launches in January 2018, will retain up to 48.1 percent of its list price after three years or 60,000 miles, while the Eclipse Cross 3 will retain up to 47.5 percent of its value and even the top-of-the-range Eclipse Cross 4 will retain 46.9 percent of its value, placing the new Mitsubishi SUV firmly among the very best in its segment.
It is also one of the strongest results ever achieved by the brand’s vehicles. Heightening its appeal and value is an extensive standard specification that compares favorably to that of its rivals.
The Mitsubishi Eclipse Cross benefits from standard equipment such as Smartphone Display Audio that is compatible with Apple CarPlay and Android Auto, touchpad controller, rear-view camera, DAB radio with six speakers, climate control air-conditioning, LED daytime running lights, lane departure warning and forward collision mitigation, which uses radar technology to detect a risk of collision.


Beijing ponders support for petrol-electric hybrids

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Updated 13 July 2019

Beijing ponders support for petrol-electric hybrids

  • Hybrid cars sold in China include versions of Toyota’s Corolla, Levin and Camry sedans, and versions of Honda’s Accord and CR-V

BEIJING: China is considering re-classifying petrol-electric hybrid vehicles so they get more favorable treatment than all-petrol or diesel counterparts under clean car rules, making it easier for automakers to meet environment quotas and offer more choice.
Global hybrid leaders Toyota Motor Corp. and Honda Motor Co. Ltd. would be among the biggest beneficiaries of such change, which could allow them to make more hybrids and less of the more costly all-electric vehicles, experts said, after reviewing the draft policy proposal published on Tuesday by the Ministry of Industry and Information Technology.
China has some of the world’s strictest rules regarding the production of greenhouse gas-emitting vehicles, as it battles unhealthy levels of air pollution in its crowded cities.
In the draft proposal, hybrids would still be considered fossil-fueled but re-classified as “low fuel consumption passenger vehicles.” Significantly, the number of negative points incurred for making hybrids will be less than for traditional vehicles.
The proposed change came as a surprise, some experts and industry officials said, because the government has never given any preferential treatment for hybrid technology. Previously, the government offered subsidies for, for instance, the purchase of all-electric cars.
Hybrid cars sold in China include versions of Toyota’s Corolla, Levin and Camry sedans, and versions of Honda’s Accord and CR-V. Beijing-based spokesmen for both Japanese automakers declined to comment.