Sales of locally built Adventure topped 100,000 mark in April.
Mitsubishi makes its second foray into the Philippines in four months, acquiring a 90% stake in Asian Transmission. The deal comes after Mitsubishi bought the assembly facilities of Ford Philippines. The Japanese automaker says the transmission acquisition is part of its strategy to further enhance its component operations and reinforce its production base in the ASEAN region. The purchase will allow it to produce newly developed transmission components starting in September. “One ...
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