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Article: Mitsubishi Motors Eyes Expansion of Operations in Southeast Asia.
- Article from:
- Knight Ridder/Tribune Business News
- Article date:
- April 29, 2004
CopyrightCOPYRIGHT 2004 Knight-Ridder/Tribune Business News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Kyodo News International, Tokyo Knight Ridder/Tribune Business News
Apr. 29--TOKYO -- Troubled Japanese automaker Mitsubishi Motors Corp. is considering a sharp expansion of operations in Southeast Asia for the sake of its revival, informed sources said Thursday.
Production of a new sport-utility vehicle (SUV) model in the Philippines from 2006 is included in a new revival plan under study by Mitsubishi Motors following DaimlerChrysler AG's recent decision to abandon support for it, the sources said.
Mitsubishi Motors intends to expand operations in Southeast Asia as there remains room for growth in view of its strong name recognition in ...