Group 1 - Mitsubishi Motors has announced its exit from all joint ventures in China, including the engine manufacturing joint venture with Shenyang Aerospace Mitsubishi [2][4] - The company has re-evaluated its strategy in response to the rapid shift towards electric vehicles in the Chinese automotive market, leading to the termination of its joint venture relationships [2][4] - Mitsubishi Motors has been operating in China since the 1970s, initially entering through engine and auto parts manufacturing, but has faced increasing competition from domestic brands and the rise of electric vehicles [3][4] Group 2 - The exit of Mitsubishi Motors reflects broader challenges faced by Japanese automakers in China, with other companies like Suzuki also withdrawing from the market [4] - In 2022 and 2023, Mitsubishi Motors exited several joint ventures, including significant partnerships with Dong'an Mitsubishi and GAC Mitsubishi, indicating a strategic retreat from the Chinese market [3][4] - Japanese automakers are now focusing on electric and smart vehicle transformations to regain market share, with new electric models being introduced to compete in the growing EV segment [5]
日系“黄昏”?继铃木后,又一家在华运营超半个世纪的品牌退出
Di Yi Cai Jing·2025-07-23 10:19