Monday, February 6, 2012

Mitsubishi to stop producing cars from Europe

2013 Mitsubishi Mirage


We have some breaking news that the European subsidiary of Mitsubishi Motors Corporation said that they will end production of Euro-spec Mitsubishi vehicles by around 2013 as it shifts its focus to emerging markets.

Firstly, they will sell their European subsidiary plant, NedCar, which is located at Holland. How? We don't know but Mitsubishi will enter into negotiations with labor unions and the Dutch Government to sell the NedCar plant, which employed over a thousand workers.

Too bad though that Mitsubishi saw no future profits in Europe.

1 comment:

plumbing supplies said...

If Mitsubishi would stop producing cars thousand of workers would lose job. I hope it would not continue.