International
Mitsubishi Motors Sticking With China Despite Poor Sales - CEO
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.
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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.”
Written By
Anis
Previously in banking and e commerce before she realized nothing makes her happier than a revving engine and gleaming tyres........
JPJ Running Numbers
KUALA LUMPUR
VQE2574
SELANGOR
BSK9754
JOHOR
JYN1654
PULAU PINANG
PRW6742
PERAK
APD4546
PAHANG
CFE4872
KEDAH
KGD4808
NEGERI SEMBILAN
NEH9475
KOTA KINABALU
SJP3444
KUCHING
QAB7656M
Last updated 19 Dec, 2025
Fuel Price
Petrol
RON 95
RM 2.64
-0.02
RON 97
RM 3.27
-0.02
RON 100
RM 5.00
VPR
RM 6.23
Diesel
EURO 5 B10
RM 3.06
-0.02
EURO 5 B7
RM 3.26
-0.02
Last updated 11 Dec, 2025
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