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Mitsubishi remaining on hold in China

Mitsubishi Motors will extend a suspension of its production in China beyond May, Japan’s Yomiuri newspaper reported on Tuesday, highlighting struggles the Japanese manufacturer faces in the world’s largest auto market. Mitsubishi is discussing when to resume production in China with its local partner, a company spokesperson said. The Japanese company said last month it had halted production of its Outlander SUV in China until the end of May and would take a $78 million charge for slowing sales at its joint venture with State-owned GAC Group.

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2023-06-05T07:00:00.0000000Z

2023-06-05T07:00:00.0000000Z

https://chinadaily.pressreader.com/article/282003266815296

China Daily