Mitsubishi Motors has denied the report, which suggests the initiative will lead to large financial and job losses. Mitsubishi reportedly plans to transfer production of its Pajero (Shogun in the UK) models to China, to consolidate domestic Japanese manufacturing operations, and to review the future of its South East Asian joint ventures as part of the restructuring efforts. - It was confirmed last week that Mitsubishi Motors Europe president Stefan Jacobi is leaving MME to accept what media report suggest is an unrefusable offer from an as-yet unnamed European manufacturer.
Mitsubishi “faces major overhaul”
17/02/2004 in Latest News