Mitsubishi Motors Europe Receives European Comission’s   A.E.O certification image

Mitsubishi Motors Europe B.V. (MME) on Monday said the company has received the status of “Authorised Economic Operator” or “A.E.O.” by the European Commission.

As a reminder, this certification is part of a coordinated approach to combat terrorism whereby the Commission has introduced rigorous new procedures aimed at improving supply chain security within the European Union in the form of the EU wide “Authorised Economic Operator” accreditation to facilitate international supply chain security.

The announcement comes shortly after the Japanese automaker said it will stop making cars in Europe at the end of this year, underlining growing excess capacity in the region as demand slackens amid the government-debt crisis.

Under the plan, which would be the first withdrawal from Europe by a major Japanese carmaker, the company will sell its NedCar subsidiary plant in Born, in the Netherlands, the Japanese business daily Nikkei and Jiji Press reported, without identifying their sources.

Now the unions demanded Mitsubishi work with the Dutch government to find a buyer after the company said on Tuesday it was willing to sell the plant “for one euro” if a new owner could guarantee the 1,500 workers would remain employed.

“We also need a good social plan,” Van Rees said, adding that “workers’ average age at the plant is 50 years.
“We think it’s unlikely the majority of them will find a job,” he said.
“It’s our last battle.”