Mitsubishi may spend up to US$1bn on a new car plant in Indonesia, media reports said.

Press Trust of India cited the Jakarta Post as a source of its report.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

However, a company spokesman said the plant cost was incorrect.

He added: “We are still considering [investing in a new plant] in a positive manner.”

Just Auto Excellence Awards - The Benefits of Entering

Gain the recognition you deserve! The Just Auto Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving automotive industry advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now