Mexican Media Brands
Mitsubishi Motors Will Close U.S. Plant in May
Mitsubishi Motors Corp. will completely close its assembly plant in Normal, Ill., in May, The Nikkei reports.
Share
Mitsubishi Motors Corp. will completely close its assembly plant in Normal, Ill., in May, The Nikkei reports.
MMC stopped making Outlander SUVs at the facility two months ago and consolidated production at its Japanese factory in Okazaki. About 250 of the plant’s 1,300 workers have stayed on to make replacement parts, but that operation will end this spring, according to the newspaper.
The company is expected to book a loss on the closure of 20-30 billion yen ($169-$254 million) in the current fiscal year ending March 31.
The factory opened in 1988 as a joint venture with Chrysler Corp., which owned 34% of MMC at the time. The Japanese company took over the facility in 1991. Output peaked at 220,000 vehicles in 2000, but production had dwindled to about 69,000 units by 2014.
RELATED CONTENT
-
GM Develops a New Electrical Platform
GM engineers create a better electrical architecture that can handle the ever-increasing needs of vehicle systems
-
Increasing Use of Structural Adhesives in Automotive
Can you glue a car together? Frank Billotto of DuPont Transportation & Industrial discusses the major role structural adhesives can play in vehicle assembly.
-
On Fuel Cells, Battery Enclosures, and Lucid Air
A skateboard for fuel cells, building a better battery enclosure, what ADAS does, a big engine for boats, the curious case of lean production, what drivers think, and why Lucid is remarkable
