Mitsubishi back in Europe with new Renault offer
Mitsubishi has verified that it will return to the European market in 2023 complying with comprehensive interior discussions within the Renault-Nissan Alliance.
A new plan has been agreed that will see Renault create two “sister vehicles” for Mitsubishi at its French production facilities, particularly to buy in Europe. However, the Japanese brand stays firm on its decision to leave the UK.
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The French government has a 15 per cent stake in Renault and, as Mitsubishi is partially had by the French brand, it might soon deal with accusations of helping a Renault drive to safeguard French jobs.
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Executives from both Mitsubishi as well as Nissan have previously expressed issue that the offer was developed as a political bargaining chip to boost the workload in having a hard time French factories as well as win union support. A similar relocation occured back in 2001, when Renault moved production of the Nissan Micra from Sunderland to its Flins factory outside Paris.
Mitsubishi states its plans for the UK market have not changed. The business is still moving steadily towards ending up being an after-sales service by the end of the year as well as there are no official plans to bring Mitsubishi’s recently agreed Renault-based designs to Britain.
Takao Kato, CEO of Mitsubishi Motors, said: “Mitsubishi Motors welcomes Renault’s OEM designs for the European market, as well as eventually new customers. Mitsubishi Motors has been implementing structural reforms in Europe as well as our decision to freeze new cars and truck advancement for the European Market, revealed in July 2020 in our mid-term company plans, remains.
“However, the OEM supply contract will offer us with a service to offer new products established as well as produced in Europe – together with our continuous after sales business.”
Should this change, though, Mitsubishi’s UK importer would be satisfied with a issue when it concerns the dealership network. Although the brand still has around 100 dealerships in the UK, a number of outlets have already closed complying with Mitsubishi’s original exit statement in July, with dealerships fearing supply lacks as well as the lack of future models.
Financial difficulties brought on by the coronavirus pandemic was one more essential factor. However, to return Mitsubishi’s dealership network in the UK to its pre-2020 statement setting would need heavy investment as well as the guarantee of a stable stream of fresh models.
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