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Jul 31 2020

Mitsubishi will not Launch More Cars in Europe and it Already Sounds like a Farewell

 

The situation of some manufacturers is being quite critical due to the current crisis caused by COVID-19 . Now it seems that they are going to have to readjust productions and budgets worldwide, reaching extremes like the one we are dealing with today. Mitsubishi will not launch more cars in Europe until further notice, which means it will maintain its current models until the end of its business cycle and then withdraw them.  One of the premises was that everyone focused on their area , with Renault standing out in Europe. With the aim of reducing its fixed costs by 20%, Mitsubishi will focus on ASEAN, since it is in countries such as Thailand, Indonesia, Malaysia, Singapore or the Philippines where it currently has the greatest presence. It will also bet on the development of its business in Africa, Oceania and South America.



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