Mitsubishi Motors Corp (MMC) announced Tuesday (25/7/00) that it is to modernise its Oe plant in Nagoya in preparation for production of a new vehicle in 2002, reports Kyodo News Service (25/7/00).

The company plans to spend 20-30 billion yen in the plant, set to produce around 100,000 of the jointly-developed Mitsubishi-DaimlerChrysler cars annually. The site is to close temporarily to allow for remodelling, with current MMC production and staff to be reallocated to other plants.

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The joint venture to build the 1.1 – 1.5 litre cars, which was part of the Mitsubishi-DaimlerChrysler alliance accord reached in March, will see production of the vehicle take place at a Netherlands plant from 2004.

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