US EditionOnce Vital to China’s Cars, Mitsubishi Motors Now Steps Away
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Mitsubishi Motors has put an end to its latest business collaboration in China, confirming its total withdrawal from the Asian car market. The Japanese company has announced the dissolution of its alliance with Shenyang Aerospace Mitsubishi Engine Manufacturing Co. Ltd., a company that played a strategic role in its operations in China since the late 1990s. The decision comes after the cessation of production of Mitsubishi vehicles in Chinese te…
Once Vital to China’s Cars, Mitsubishi Motors Now Steps Away
Mitsubishi Motors went from supplying much of China’s powertrain needs to completely exiting the market. Mitsubishi Motors has officially ended its presence in China, the world’s largest and most competitive automotive market. The Japanese brand terminated its joint venture with Shenyang Aerospace Mitsubishi, bringing an end to engine production that once powered millions of Chinese vehicles. This follows Mitsubishi’s earlier decision to halt lo…
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