Please use the sharing tools found via the email icon at the top of articles. Copying articles to share with others is a breach of FT.com T&Cs and Copyright Policy. Email
licensing@ft.com to buy additional rights. Subscribers may share up to 10 or 20 articles per month using the gift article service. More information can be found at
https://www.ft.com/tour.
https://www.ft.com/content/9ec80edc-3733-11e7-99bd-13beb0903fa3
Mitsubishi's strategy now centres on Asia, and MMTh is the tip of the spear. It is the largest of the company's plants, with an annual production capacity of 424,000 vehicles, more than 80 per cent of which are exported. This means the plant produces roughly one out of every three Mitsubishi cars.
Granted, Mitsubishi only sells around 1m vehicles worldwide per year — a fifth of Nissan's global total and a third of Renault's. But in Asia and Oceania excluding Japan and China, Mitsubishi and Nissan are equally matched. In the April-December period, Mitsubishi's sales in the region reached 228,000 units, just shy of Nissan's 253,000.