Mitsubishi upbeat on sales outlook

[Eggman]

Mitsubishi upbeat on sales outlook

The article covers Mitsubishi's sales forecast, with a focus on the Thailand market. It also includes a short summary of Mitsubishi's history in Thailand, which I found interesting enough to share.

Mitsubishi upbeat on sales outlook

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Japanese carmaker Mitsubishi Motors (Thailand) remains bullish on its domestic sales and export prospects despite the country's overall sluggish car market and its parent company in Japan being mired in a mileage-cheating scandal.

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Mitsubishi Thailand operates three production facilities and one engine factory in Laem Chabang Industrial Estate.

Mitsubishi Thailand took charge of local distribution, manufacturing and export in the country in 1987.

Before that, its distributor was Sittipol Motor Co, with United Development Motor Industry Co in charge of Mitsubishi assembly since 1964.

The first factory, opened in 1992, makes passenger cars and PPVs, the second factory (set up in 1996) makes pickup trucks and PPVs and the third factory (established 2012) makes eco-cars.

Founded in 2008, subsidiary MMTh Engine Co makes 502,000 petrol and diesel engines per year.

Thailand's production facilities are the largest production site for Mitsubishi, controlling 30% of the total output of Mitsubishi Motors.

Mitsubishi makes 510,000 vehicles per year at its Thai operations.