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Mitsubishi Motors Sticking With China Despite Poor Sales - CEO

Anis

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The Mitsubishi Vision Ralliart Concept.

Mitsubishi Motors Corp. has denied reports that it intends to exit China as competition among automakers intensifies.

Takao Kato, CEO of Mitsubishi Motors, told reporters that no decisions have been made by the automaker about leaving the market, but a plan is underway to overcome difficulties in China.

Mitsubishi Motors' Changsha plant in Hunan province shut down in March. Guangzhou Automobile Group Co, the Japanese carmaker's joint venture partner, then failed to list Mitsubishi's production and sales figures for the first time in April, sparking speculation that the two companies were parting ways. 
According to a GAC representative, the omission was made because Mitsubishi's production numbers make up a small portion of its total and were thus folded into the "others" category. Mitsubishi's plant, according to Kato, will reopen in June as planned, despite the difficult circumstances.

Mitsubishi's Outlander isn't selling well in China, where local firms like Warren Buffett-backed BYD Co dominate as Japanese manufacturers stagnate or slide, according to Kato.  The automaker's retail sales in China fell to 32,000 units in the third quarter and are expected to fall again in the fourth quarter, the company said on Tuesday. “We’re discussing with our partners in China on how to move forward,” Kato said. “We’re watching the situation closely.”


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Written By

Anis

Previously in banking and e commerce before she realized nothing makes her happier than a revving engine and gleaming tyres........

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JPJ Running Numbers

KUALA LUMPUR

VPY2714

SELANGOR

BSJ9448

JOHOR

JYK6420

PULAU PINANG

PRV4761

PERAK

APC3577

PAHANG

CFD9937

KEDAH

KGC8702

NEGERI SEMBILAN

NEH5402

KOTA KINABALU

SJN5586

KUCHING

QAB4801M

Last updated 06 Nov, 2025

Fuel Price

Petrol

RON 95

RM 2.60

RON 97

RM 3.20

RON 100

RM 5.00

VPR

RM 6.23

Diesel

EURO 5 B10

RM 3.02

+0.07

EURO 5 B7

RM 3.22

+0.07

Last updated 06 Nov, 2025

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