Mitsubishi Motors in Talks with Suzuki Towards OEM Supply of a Minicar-class Light Commercial Electric Vehicle
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Mitsubishi Motors in Talks with Suzuki Towards OEM Supply of a Minicar-class Light Commercial Electric Vehicle - JCN Newswire
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Mitsubishi Motors in Talks with Suzuki Towards OEM Supply of a Minicar-class Light Commercial Electric Vehicle

Tokyo, Nov 22, 2011 - (JCN Newswire) - Mitsubishi Motors Corp. (MMC) announced it is in talks with Suzuki Motor Corp. (Suzuki) towards OEM supply of a minicar-class light commercial electric vehicle (based on the MINICAB-MiEV).

MMC and Suzuki are currently working on details; however plans are for initial supply to Suzuki to begin in February 2012, building up to full-scale supply in the 2012 fiscal year.

The talks towards an agreement are intended to increase economies of scale for MMC which will in turn contribute to lower production costs and increased productivity.

About Mitsubishi Motors

Mitsubishi Motors Corporation (TSE: 7211) was established in 1970 and is one of the few automobile companies in the world that produces a full line of automotive products ranging from 660-cc mini cars and passenger cars to commercial vehicles and heavy-duty trucks and buses. The company also operates consumer financing services and provides this to its customer base. For more information, please visit www.mitsubishi-motors.com.

About Suzuki Motor

Suzuki Motor Corporation (TSE: 7269). Designer and manufacturer of automobiles, motorcycles, outboard engines, general purpose engines and other products. Operations are carried out through the following sectors: BIKES: Motor bikes, Push bikes; CARS: Small cars, Normal cars; OTHER: Houses, Dynamos.

Contact:

Mitsubishi Motors
Public Relations Department
 www.mitsubishi-motors.com
+81-3-6852-4275
 


Nov 22, 2011
Source: Mitsubishi Motors
Source: Suzuki Motor

Mitsubishi Motors (TSE: 7211) (U.S: MMTOF)
Suzuki Motor (TSE: 7269)

From the Japan Corporate News Network
http://www.japancorp.net
Topic: Press release summary
View more news from these Sectors: Automotive General


 
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