Mitsubishi Motors to exit from China production: Nikkei
Mitsubishi Motors has reportedly made the decision to cease automobile production in China, as reported by the Nikkei newspaper on Wednesday. The Japanese automaker is said to be in the process of finalizing details with its local joint venture pa...

The Japanese automaker is making final arrangements with its local joint venture partner Guangzhou Automobile Group (GAC) for the exit, the newspaper said without citing sources. GAC will likely convert the plant, in Hunan province, to a production base for electric vehicles, the paper said.
Mitsubishi Motors said talks about the future of its China business with its partner were ongoing and that nothing had been decided about it.
The company, which established its China unit in 2012, halted local production of its new Outlander sports utility vehicle earlier this year, months after its launch in December.
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