Executives at Mitsubishi Motors want to reduce output for the shrinking Japanese market.
The officials told broadcaster NHK they planned to cut excess capacity at Mitsubishi’s factory in western Japan by shutting two of the four production lines there.
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The move will reduce domestic output by over 20% to just over 700,000 units a year.
The declining yen has boosted earnings for the auto industry from exports. But Japanese automakers are now stepping up efforts to create manufacturing hubs in fast-growing emerging markets.
Mitsubishi builds its pickup trucks and Mirage small car in Thailand.
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