Mitsubishi Motors (MMC) on Monday it would suspend output at three Japanese plants for four to eight days in April.
Temporarily halting lines at Nagoya in Okazaki, Aichi Prefecture, Mizushima in Kurashiki, Okayama Prefecture, and Pajero Manufacturing in Sakahogi, Gifu Prefecture, was in line with MMC’s policy of continuing a year-on-year cut of more than 60% in domestic production, the automaker told Kyodo News.
The Mizushima plant would stop making passenger cars and minivehicles for five and four days, respectively. Nagoya and Pajero Manufacturing would be closed for four and eight days. The decision means an increase in the shutdown of production lines from March.
Last month, the carmaker said it planned to build 330,000 fewer vehicles than it had initially planned for the 2008/9 business year or roughly equivalent to a third of its sales volume forecast.
President Osamu Masuko said it would take a few months to bring inventory levels down to appropriate levels.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData