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Mitsubishi could restart European sales, report suggests – Autocar
Agreement between Renault, Nissan and Mitsubishi could see the latter move car production to France
Mitsubishi is on the verge of reversing its decision to exit Europe amid mounting pressure from its Renault and Nissan partners, according to the Financial Times.
Last July, Mitsubishi halted the introduction of new models to Europe as part of a shift in focus to the more lucrative Asian market. Under its new Small but Beautiful operating strategy, the Japanese brand planned to reduce fixed costs by 20% over two years and “improve operating profit by downsizing low-profit businesses”.
Now, the FT…
