Mitsubishi 2006 Annual Report Download - page 13

Download and view the complete annual report

Please find page 13 of the 2006 Mitsubishi annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 92

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92

11
MITSUBISHI MOTORS CORPORATION ANNUAL REPORT 2006
In these and other ways, MMC will continue to rationalize the production networks of overseas production
subsidiaries to match planned production levels in the near term.
Q: There is growing interest in environmental technologies
among shareholders and customers. What progress is MMC
making here?
<Executive Vice President Kasugai>
Environmental activities are one of our key responsibilities as a member
of society. We recognize that automobiles have an impact on the envi-
ronment, and are taking steps to mitigate this impact. To help combat
global warming, MMC is working hard to reduce CO2 emissions by im-
proving the fuel economy of gasoline and diesel-driven vehicles and
working to bring to market an electric vehicle that emits no CO2 emis-
sions whatsoever. We aim to bring an affordable electric vehicle to mar-
ket in 2010. Furthermore, environmental demands differ in various
regions around the world. In Europe, fuel-efficient diesel engines are
highly prized. MMC and Mitsubishi Heavy Industries, Ltd. are therefore
pursuing plans to jointly develop new-generation diesel engines. In Brazil,
we are making progress in ethanol-powered vehicles. MMC is also pur-
suing other environmental initiatives, including the development of plant-
based resins (Green Plastics), which help to conserve petroleum
resources. We are strongly committed to developing and commercializ-
ing these and other environmental technologies.
Q: What are your aspirations for fiscal year 2006, the second
year of MMC’s revitalization plan?
<President Masuko>
Concerns over the future course of the global economy, fueled by high crude oil prices and regional conflicts,
among other factors, are making our business environment increasingly challenging. In this context, it will not
be easy to achieve our targets for fiscal year 2006, which are more ambitious than in fiscal year 2005. I have
been encouraging employees to meet these targets by fostering self-reliance—employees must take responsibil-
ity for their own company, without relying on anybody else for help. Now is the time for employees across all
operational units and regions to band together and rise to the challenge of achieving MMC’s revitalization plan.
Lancer Evolution MIEV
Top Management Interview 1:
Progress in the Revitalization Plan and Restoring Trust
Top Management Interview 1
Top Management Interview 1