TOKYO — Mitsubishi Motors Corp. plans to cut jobs and consolidate purchasing with new partner DaimlerChrysler AG, which in March took a 34% controlling interest in the automaker. The new restructuring plan calls for the reduction of administrative staff by 10%, or 1,000 employees, to 8,900 by April 2004. Mitsubishi and DC reportedly also have plans to develop a compact car, now being called the “Z car,” for the global market in the next four years. Other features of Mitsubishi's ...

Premium Content (PAID Subscription Required)

"Mitsubishi restructuring includes job cuts" 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
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Already registered? here.