MALAYSIA: No plans to expand Mitsubishi-Proton partnership
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.
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Mitsubishi Motors has said the overheating of lithium ion batteries used in its Outlander SUV plug-in hybrids was likely to have been caused by cells that were damaged when they fell to the ground dur...
Mitsubishi Motors has raised its group net profit forecast for the fiscal year to 31 March 2013 to JPY38bn yen from JPY3bn....
Japan's major carmakers' combined domestic output in fiscal 2012 rose 2.9% over the previous year to 9,055,373 units, passing 9m for the first time in four years....
Executives at Mitsubishi Motors want to reduce output for the shrinking Japanese market....
Japan's transport ministry has told Mitsubishi Motors it must conduct vehicle recalls more quickly after discovering multiple problems in past cases, on the same day that the carmaker filed for anothe...
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