ADELAIDE — Mitsubishi Motors Corp. announces it will spend up to A$450 million (US$300 million) to develop and produce a new car in Australia by 2005. Managing Director Mike Quinn says the decision ensures Mitsubishi's long-term future in Australia — a future that has hung in the balance as the automaker's operations have struggled with a restructuring plan (see WAI Update — Jan. '00, p.1). The announcement ends published rumors that Mitsubishi would halt Australian manufacturing and ...

Premium Content (PAID Subscription Required)

"Printer-friendly" 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.