CarWale

      • Recently Viewed

      • Trending searches

    Mitsubishi in loss again- to axe Pajero SUV next year

    Authors Image

    Santosh Nair

    18,716 बार पढ़ा गया
    Mitsubishi in loss again- to axe Pajero SUV next year

    - The brand said it would stop making the Pajero SUV and shut down the plant in Japan 

    - The automaker will not pay a dividend this year to preserve cash

    Mitsubishi Motors Corp today announced that it expects the second year of losses- this year’s primarily fuelled by the Coronavirus outbreak. This is Mitsubishi’s biggest recorded loss in the last 18 years. 

    As it expects an operating loss of 1.3 billion USD (year ending March 2021), the company stares at shrinking its workforce/production, and/or close unprofitable dealerships in the time to come.

    Takeo Kato, Chief Executive, told reporters, “To pave the way to recovery, the top priority of all executives is to share a sense of crisis with employees to execute cost reductions.” 

    Mitsubishi Pajero Sport Right Front Three Quarter

    Mitsubishi, a member of the Nissan-Renault alliance, has also stated its intention to stop producing the Pajero SUV next year, and also close down the plant that makes the SUV in Japan. While it looks to shrink its presence in Europe and North America, there will be renewed interest in its growth in Asia.

    For someone who grew up watching these Japs (read Mitsubishi/Nissan) flourish back in the day, it becomes increasingly difficult to watch such brands go cash-tight, and legendary nameplates go under the axe.

    द्वारा साझा करें
    • Facebook Share Link
    • Twitter Share Link
    • Gmail Share Link

    संबंधित न्यूज़

    All-new Mitsubishi Pajero Sport spotted testing

    All-new Mitsubishi Pajero Sport spotted testing

    ओमकार ठाकुर द्वारा

    2 साल पहले

    चर्चित न्यूज़

    हाल-फ़िलहाल की न्यूज़

    मित्सुबिशी पजेरो स्पोर्ट गैलरी

    • images
    • videos
    youtube-icon

    ByCarWale Team01 Jan 0001

    117912 बार देखा गया
    752 लाइक्स

    फ़ीचर्ड कार्स

    • लोकप्रिय
    • अभी-अभी लॉन्च हुआ है
    • आगामी
    टाटा नेक्सन

    टाटा नेक्सन

    ₹ 7.29 लाख
    से शुरु
    औसत एक्स-शोरूम प्राइस
    मेरे शहर में प्राइस दिखाएं
    हुंडई i20 एन लाइन

    हुंडई i20 एन लाइन

    ₹ 9.84 लाख
    से शुरु
    औसत एक्स-शोरूम प्राइस
    मेरे शहर में प्राइस दिखाएं
    अभी-अभी लॉन्च हुआ है
    2ndसित
    ऑडी ई-ट्रोन जीटी

    ऑडी ई-ट्रोन जीटी

    ₹ 2.00 - 2.20 करोड़अनुमानित प्राइस

    Expected By - 22nd सितंबर 2021

    लोकप्रिय वीडियोज़

    youtube-icon

    ByCarWale Team01 Jan 0001

    117912 बार देखा गया
    752 लाइक्स
    Mail Image
    हमारे न्यूज़लेटर के लिए साइन अप करें
    ऑटोमोबाइल जगत से सभी हालिया अपडेट पाएं