三菱汽车告别中国市场 再见国产车发动机教父

Core Viewpoint - Mitsubishi Motors has announced the termination of its joint venture with Shenyang Aerospace Mitsubishi Engine Manufacturing Co., effectively exiting the engine business in China, marking a significant decline from its previous status as a key player in the domestic automotive industry [2][3]. Group 1: Historical Context - Mitsubishi Motors played a crucial role in the development of China's automotive industry in the 1990s, providing essential engine technology when domestic brands were lacking [3]. - The establishment of Shenyang Aerospace Mitsubishi in 1997 led to the production of the 4G6 series engines, which became widely adopted by over 700 domestic car manufacturers, capturing 30% of the domestic engine market [3]. Group 2: Current Challenges - As Chinese automotive brands advanced in technology, their reliance on Mitsubishi engines decreased, particularly as the industry shifted towards electric vehicles, where Mitsubishi struggled to compete [4]. - Mitsubishi has not launched a new model in China for six years, leading to a continuous decline in market share [4]. - GAC Mitsubishi, established in 2012, peaked at 144,000 units sold in 2018 but saw sales plummet to 33,600 units in 2022, with financial troubles culminating in a negative net asset of -1.414 billion yuan by March 2023 [4]. Group 3: Financial Performance - Shenyang Aerospace Mitsubishi reported revenues of 1.339 billion yuan and a net loss of 62.527 million yuan in 2024, with Q1 2025 showing revenues of 301 million yuan and a net loss of 23.675 million yuan [5]. - The exit of Mitsubishi Motors from the Chinese market reflects a broader trend where weak joint ventures are being squeezed out as local brands gain strength [5]. Group 4: Industry Implications - The departure of Mitsubishi Motors serves as a warning to other foreign automotive brands, emphasizing the need to adapt to market changes and consumer demands, especially during the critical transition to electric vehicles [5].