Autoblog

Mitsubishi may have Proton build its vehicles

Posted Dec 24th 2005 10:00AM by Joel Arellano

Mitsubishi Motors is currently in talks with several Malaysian manufacturers, including Proton and Sime Darby, to manufacture its vehicles. Such locally produced vehicles (called Completely Knocked Down model or CKD) would be for domestic sale only as Mitsubishi seeks greater market share in Malaysia.

“This new Mitsbubishi showroom will certainly give Mitsubishi a greater presence in the local market. Despite the many challenges in the auto market, we are pleased that we are on track for a bigger customer base next year,” said Mitsubishi Motors Malaysia CEO Fumihiko Minami.

Currently Mitsubishi has between 1-2% share of the Malaysian market. Once a partner has been selected, the company hopes to have its vehicles rolling out by 2007 or 2008.