MALAYSIA: No plans to expand Mitsubishi-Proton partnership
By Chris Wright | 19 November 2012
Mitsubishi Motors president Osamu Masuko said the carmaker has abandoned plans to expand its business tie-up with Proton.
Masuko said it would be difficult for the two companies to embark on major new projects although they will continue existing joint operations, including the licensed production by Proton of passenger cars developed by Mitsubishi.
The Japanese company has been negotiating with Proton since September last year on the Japanese firm's outsourcing of production, joint engine output and its provision of technology for electric vehicles.
Sectors: Technology/R&D, Vehicle manufacturers, Vehicle product & design
Companies: Proton, Mitsubishi
View next/previous articles
19 Nov 2012 -
Currently reading -
MALAYSIA: No plans to expand Mitsubishi-Proton partnership
19 Nov 2012 -
Related company research
Proton Holdings Berhad - SWOT, Strategy and Corporate Finance Report
Proton Holdings Berhad - SWOT, Strategy and Corporate Finance Report, is a source of comprehensive company data and information. The report covers the company’s structure, operation, SWOT analysis, product and service offerings, detailed financials, ...
Mitsubishi Motors Corporation (7211) - Financial and Strategic SWOT Analysis Review
Mitsubishi Motors Corporation (Mitsubishi) is a Japan-based automobile manufacturing company. It is active in developing, producing, purchasing, selling, importing and exporting of general and small-sized passenger vehicles, mini-vehicles, sport util...
Mitsubishi Corporation - SWOT, Strategy and Corporate Finance Report
Mitsubishi Corporation - SWOT, Strategy and Corporate Finance Report, is a source of comprehensive company data and information. The report covers the company’s structure, operation, SWOT analysis, product and service offerings, detailed financials, ...
Related articles
CHINA: Dongfeng takes stake in MMC partner Fujian
Dongfeng Motor has taken a shareholding in MMC's joint venture partner Fujian Motor. The deal gives China's second largest OEM new access to manufacturing capacity in the country's south east.
US APRIL SALES: Detroit grows market share
US light vehicle sales continued their upward swing in April, finishing up 8.5% year on year at 1.29m for the month. Year to date (YTD) results were 6.9% ahead of the first four months of 2012.
There are currently no comments on this article
Be the first to comment on this article