Mitsubishi Motors CEO meets the Vietnamese Prime Minister

Ho Chi Minh, July 21, 2017 – Mitsubishi Motors Corporation chief executive, Osamu Masuko met with Nguyễn Xuân Phúc, the Vietnamese Prime Minister on July 18, to discuss opportunities to develop and maintain the growth of the country’s auto industry.

Mitsubishi Motors already produces the popular Pajero Sport at its Vietnamese plant in Binh Duong province and has been producing locally for 20 years. As a member of the Renault-Nissan Alliance, one of the world’s largest automotive groups, Mitsubishi Motors is ambitious to expand its local production in Vietnam together with Nissan. As a pioneer of electric vehicles and the number one in plug-in hybrids, Mitsubishi Motors is ready to share its experience and knowledge to realize more environmental friendly automotive solutions for Vietnam.

Mitsubishi Motors has made Vietnam and the wider ASEAN region, a central focus of the company’s growth strategy. Known for its rugged four-wheel drive and sports utility vehicles, Mitsubishi Motors has traded in the region for more than 50 years and operates large production facilities in Thailand and Indonesia, where it opened a new factory earlier this year. The ASEAN initiative is part of a growth plan that is intended to increase sales of Mitsubishi Motors vehicles by at least 25% to 1.25 million a year by 2020.