Mitsuoka Motor Co. Ltd., a small, little-known Japanese auto maker, signs a joint-venture agreement with Thai auto-distributor Yontrakit Corp. to build handmade Mitsuoka cars in Thailand. If all proceeds according to plan, about 280 vehicles will be produced in Thailand, Mitsuoka President Akio Mitsuoka says in a statement. Mitsuoka has a 45% stake in the JV, named Mitsuoka Motor Thailand Co. Ltd., while Yontrakit holds 40% and other Japanese firms in Thailand hold 15%. Up to 90% of ...
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