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Mitsubishi Motors to end car production in China
Mitsubishi Motors to end car production in China
Mitsubishi engines plans to end car production in China in response to weak sales amid fierce competition.
The Japanese automaker announced Tuesday that it will restructure its joint venture with Guangzhou Automobile Group And Mitsubishi Corp. and records a special loss of 24.3 billion yen ($162.3 million) in the fiscal year ending March 2024.
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