Australia govt gives Mitsubishi A$50 mln funding

Newswire

CANBERRA, May 21 (Reuters) - The Australian government said on Friday it would give Mitsubishi Motors Corp A$50 million ($35 million) to assist a restructure, and expressed relief at the company's decision to retain one of its two Australian plants. Mitsubishi, unveiling a keenly awaited rescue plan, said earlier in Tokyo it would close its engine assembly plant in the South Australian state capital, Adelaide, as part of a plan to revive the company after a policy of extending easy car ...

Premium Content (PAID Subscription Required)

"Australia govt gives Mitsubishi A$50 mln funding" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: lwilliamson@wardsauto.com or phone: (248) 799-2642
 

Current subscribers, please login or CLICK for support information.

Already registered? here.
Insights

Feb 12, 2016
Video
WardsAuto

Subaru 2.0L Turbo-4 Boxer -- 2016 Award Acceptance

Subaru accepts its award at the 2016 Wards 10 Best Engines ceremony, held Jan. 13 in Detroit....More

Enewsletters

Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×