UPDATE 1-MMC to seek Y250 bln in restructuring funds-source


(Adds company comment, appointment of MMC president) By Takaya Yamaguchi TOKYO, April 30 (Reuters) - Mitsubishi Motors Corp (MMC) will work on a restructuring plan costing around 250 billion yen ($2.28 billion), part of which will be used to expand its output capacity in the Philippines tenfold, a Mitsubishi group source said. Japan's fourth-largest auto maker, struggling to survive after its top shareholder DaimlerChrysler AG pulled out of a bailout plan last week, will invest tens of ...

Premium Content (PAID Subscription Required)

"UPDATE 1-MMC to seek Y250 bln in restructuring funds-source" 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
Lisa Williamson by email: lwilliamson@wardsauto.com or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×