CANBERRA – Mitsubishi Motors Australia Ltd. cuts annual production of its new 380 large sedan by 15.6% and announces 250 job cuts. The annual output target for the 380 – the new car that was to revive the company’s fortunes – now is 27,000 units, down from 32,000. The 250 job cuts, preferably through voluntary redundancies, will reduce the auto maker’s Adelaide workforce to about 1,700 by March. Following an extended Christmas break, Mitsubishi also plans a weeklong furlough before ...
Premium Content (PAID Subscription Required)
"Mitsubishi Slashes 380 Sedan Output, Cuts 250 Workers" 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!
Current subscribers, please login or CLICK for support information.