Mitsubishi Motors Corp will prolong a production halt in China beyond May, revealing its troubles in the world’s largest auto market. The Japanese automaker is negotiating with its local partner to resume manufacturing in China. The Outlander SUV will cease production in China for three months until the end of May, causing a $78 million loss due to declining sales at its joint venture with state-owned GAC Group.
The Chinese electric vehicle market is dominated by SUVs, as price cuts and new models have reduced gasoline-powered vehicle sales. Mitsubishi Motors has not determined when it will resume manufacturing in China.
