UPDATE 1-Mitsubishi Motors to delay U.S. capacity boost


(Adds details, share price) TOKYO, Oct 30 (Reuters) - Mitsubishi Motors Corp, Japan's fourth-largest auto maker, said on Thursday it would postpone plans to expand capacity at its Illinois plant, directing its limited resources into sales and brand promotion instead. Mitsubishi said in March that it would spend $200 million to expand the capacity of its Normal, Illinois, factory by 25 percent, allowing it to make 300,000 vehicles a year. "We have decided our priority in North America at ...

Premium Content (PAID Subscription Required)

"UPDATE 1-Mitsubishi Motors to delay U.S. capacity boost" 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.

Sponsored Introduction Continue on to (or wait seconds) ×