Mitsubishi will stop making cars in Europe
We have some bad news coming from Mitsubishi as the Japanese automaker announced this week that they will be closing their only European assembly plant. This decision has been taken after a very slow last year in terms of sales in Europe where the company managed to sell only 218,000 units which is considerably less then what they did in 2007 when they sold 340,000 cars.
This decision means that the NedCar factory located in Netherlands will be closing down its facilities. The assembly plant was constructed back in 1991 as a joint venture between Mitsubishi, Volvo and the local government. This was the place where cars like the Mitsubishi Carisma, the Volvo S40/V40 and the Mitsubishi Space Star were built.
In March 2001, Mitsubishi became the sole owner of the plant and nowadays it is the place where they make the Outlander SUV and the Colt supermini. In the last month of 2010 Mitsubishi decided that the Colt production will stop at the end of 2012.
Last year at the NedCar factory where 1,500 people work, Mitsubishi rolled out only 50,000 units which is only 1/4 of the factory’s annual capacity of 200,000 cars.
Source: Mitsubishi via Carscoop
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