Sep 16, 2019 09:05 JST

Source: Mitsubishi Motors

Mitsubishi Motors to Begin Producing the XPANDER in Vietnam in 2020
- Ceremony held to commemorate 25 years in business in Vietnam -

TOKYO, Sep 16, 2019 - (JCN Newswire) - Mitsubishi Motors Corporation (MMC) announced on September 12 that it will begin producing XPANDER crossover multi-purpose vehicle (MPV) at its production site in Vietnam. On the same day, the company held a ceremony in Ho Chi Minh City, Vietnam to commemorate the 25th anniversary of Mitsubishi Motors Vietnam Co., Ltd. (MMV).

MMV is currently engaged in knockdown production of Outlander and is planning to expand its production capacity in line with the start of production of XPANDER. XPANDER's sales has been increasing throughout Southeast Asia since fall 2017, the start of production and sales in Indonesia. XPANDER was released to the Vietnam market in October 2018 and with its key contribution, MMV sold a total of 14,000 units in Vietnam within fiscal year 2018, doubling its total sales from the year before. Its sales is maintaining strong in this fiscal year.

MMC went into business in Vietnam when the country's automotive industry began taking shape in 1994, partnering with Mitsubishi Corporation and Vietnamese partners to establish the production and sales company that preceded MMV in order to contribute to the development of Vietnam's economy. Along with the automotive market growth in Vietnam, MMV became one of the key enterprises supporting MMC's growth strategy in ASEAN.

"We will strive for this new effort here in Vietnam, which is to produce high quality cars and satisfy more customers in Vietnam" said Osamu Masuko, chairman of MMC. "I am confident that this challenge will set our business in Vietnam with continuous growth while facilitating growth in the country's automotive market and regional economy in terms of employment, human resources development, investment, and technology transfer."

MMC is also dedicating efforts to social contributions in Vietnam. Recently, MMV supported scholarship to 30 students at universities in Ho Chi Minh City as well as 40 students at high schools in Ho Chi Minh City and Binh Duong Province through Vietnam Red Cross Society. MMC will keep contributing to sustainable growth of Vietnam through social engagement activities such as providing educational support for the next generation.

Contact:
Mitsubishi Motors
Public Relations Department
http://www.mitsubishi-motors.com
+81-3-6852-4275
Source: Mitsubishi Motors
Sectors: Automotive

Copyright ©2024 JCN Newswire. All rights reserved. A division of Japan Corporate News Network.

Related Press Release


Mitsubishi Motors Celebrates Production of 100,000th fully electric minivehicle
March 22 2024 14:34 JST
 
Mitsubishi Corporation, Mitsubishi Fuso Truck and Bus, and Mitsubishi Motors will jointly establish a new company to run an online platform providing comprehensive EV related services
March 13 2024 17:06 JST
 
Triton and Xforce win iF DESIGN AWARD 2024
March 06 2024 16:34 JST
 
National High School in the Philippines Built with the Support of Mitsubishi Motors Holds Opening Ceremony
February 20 2024 10:15 JST
 
Mitsubishi Motors Begins Exports of Xforce from Indonesia
February 05 2024 16:21 JST
 
Xpander and Xpander Cross HEV Models Premiere in Thailand, Featuring Safe, Secure and Exhilarating Driving Experience of Electrified Vehicles
February 01 2024 18:02 JST
 
Mitsubishi Motors to Begin Production of the New Minicab EV Electric Commercial Vehicle in Indonesia, the First Local Production of the Vehicle Outside Japan
December 19 2023 16:12 JST
 
Delica Mini Wins 2023-2024 Japan Car of the Year Design Award
December 08 2023 20:07 JST
 
All-New Triton Earns Top Rating in 2023 ASEAN NCAP
December 04 2023 16:07 JST
 
Mitsubishi Motors to Launch the New Minicab EV Electric Commercial Vehicle in Japan in December
November 24 2023 15:32 JST
 
More Press release >>

Latest Press Release


More Latest Release >>