Mitsubishi Motors Exits Chinese Market with Termination of Shenyang Engine Joint Venture
2 week ago / Read about 0 minute
Author:小编   

On July 22, Mitsubishi Motors announced the termination of its joint venture with Shenyang Aerospace Mitsubishi Motors Engine Manufacturing Co., Ltd., signaling its complete withdrawal from the engine business in China. This decision, the company stated, aligns with the ongoing trend of electrification and intelligent transformation in the Chinese automotive market, aimed at optimizing global resource allocation. With the closure of both its vehicle and power system segments, Mitsubishi Motors has officially ceased all production activities in China, marking a full exit from the Chinese market.