Mitsubishi eyes half of China SUV market by 2010

Newswire

By Erin Prelypchan SHANGHAI, Dec 19 (Reuters) - Japanese carmaker Mitsubishi Motors said on Thursday it hoped to grab half of China's burgeoning market for sport utility vehicles (SUVs) by 2010 with its Pajero and Pajero Sport models. The ambitious target from Japan's fourth largest carmaker will pit it against Toyota Motor Corp's Landcruisers, Honda Motor Corp's CRVs and General Motors' Chevrolet Blazer in a crowded and challenging segment of the world's fastest growing auto market. ...

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