Mitsubishi Motors on Tuesday said it would temporarily cut some operations at Japanese plants next month and also try to cut labour costs as vehicle demand falls.


The suspension of production for up to two weeks will allow the automaker to reduce inventory, a spokesman told Agence France-Presse (AFP), adding that the company was negotiating pay cuts with unions.


Mitsubishi Motors had previously this month halted some operations “for a few days and paid 85% of wages for those days the operation was suspended,” the spokesman added.


Mitsubishi Motors last November said it would cut 1,100 jobs by laying off one third of its temporary workforce in Japan.


Other automakers have been reducing temps and permananent employees both in Japan and overseas. Nissan’s UK plant has recently axed 1,200 jobs completely while Honda’s 4,200 workers here have now had their furlough extended as far as June.

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.

Company Profile – free sample

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
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.