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MITSUBISHI AUSTRALIA DENIES SALE OF FACILITIES.
ADELAIDE, April 1 Asia Pulse - Mitsubishi Australia has denied reports from Japan that the car maker is considering terminating production in Australia.
A report in Japan's Asahi Shimbun newspaper said the company also planned to sell its facilities in Australia, an engine plant and a vehicle assembly operation in Adelaide.
But Mitsubishi Australia spokesman Charles Iles said the report was just further speculation on what might be included in a business plan to be issued by the parent group in April.
Mr Iles said Mitsubishi Australia was continuing with its billion investment program in Adelaide towards the release of an all-new model next year.
"As far as we are concerned nothing has changed," he said.
"This is another speculative story and there will be more of them ahead of the release of the business plan.
"We don't comment on speculation."
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...strong denials from Mitsubishi Australia officials who...together by then Mitsubishi Australia president Tom...May that year, Mitsubishi Australia had survived...as far as its business plan for 2006 is concerned...
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...into Australia. As well as government representatives, Mitsubishi Australia president Tom Phillips was also in Tokyo over the weekend...Mr Okazaki. He was expected to restate the company's business plan to the new management team and said before he left that...
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...in Australia's car industry for the next decade. President and chief executive Tom Phillips said today the company's business plan was based on a sensible level of protection being retained to assist Australia car manufacturers. "At this stage we've...
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- News wire article from: AsiaPulse News February 22, 2001 700+ words
...provided by the Japanese parent company last year as a show of confidence. Last week Mr Phillips also delivered an upbeat business plan to Mitsubishi and DaimlerChrysler officials in Tokyo including a strategy to lift domestic production to 60,000 vehicles...
- MITSUBISHI AUSTRALIA SET TO LOSE US$80 MLN DESPITE CASH INJECTION.
- News wire article from: AsiaPulse News December 4, 2000 700+ words
...needed cash injection last week, Mitsubishi Australia is expected to lose more than...to a breakeven position in 2001. Mitsubishi Australia chief executive officer Tom Phillips...Sunday program. Mr Phillips said Mitsubishi Australia, which posted a record net loss...
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- News wire article from: AsiaPulse News February 4, 2008 700+ words
...closure was yet to be determined. Mitsubishi Australia spokeswoman Lenore Fletcher said...Park in 2006. But just last July Mitsubishi Australia president and chief executive Rob...developments". "I am advised that Mitsubishi Australia's position is that no final decision...