The Japanese based automaker Mitsubishi is promising to stay in the United States after Suzuki America has recently filed for bankruptcy and announced that it will leave the market.
The economic crisis is putting its finger on everyone and just when it thought that everything was going well, Suzuki America has filed for bankruptcy and has announced that it will leave the North American auto market, and a first step into taking this decision will be to stop its cars and truck sales locally. While Suzuki America is having some tough times these days, Mitsubishi is promising not to leave the United States, even its vehicle lineup isn’t so popular there.
“We have no intention whatsoever of withdrawing from the U.S. market”, said the company’s president, Osamu Masuko, when speaking to Automotive News.
Mitsubishi is having some tough times in the United States too and after back in 2002 the company managed to sell 345,111 units, in the first ten months of 2012, the company found new owners for just 50,103 units of its vehicles. The number is placing the company close to Suzuki which managed to sell just 21,188 units by October, this year.
Source: Automotive News