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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With a penchant for words, Eleon Smith began writing at an early age. As editor-in-chief of his high school newspaper, he honed his skills telling impactful stories. Smith went on to study journalism at Columbia University, where he graduated top of his class. After interning at the New York Times, Smith landed a role as a news writer. Over the past decade, he has covered major events like presidential elections and natural disasters. His ability to craft compelling narratives that capture the human experience has earned him acclaim. Though writing is his passion, Eleon also enjoys hiking, cooking and reading historical fiction in his free time. With an eye for detail and knack for storytelling, he continues making his mark at the forefront of journalism.
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