Sorry Mitsubishi workers
By: Diane Benjamin This article appeared in the January 11, 2016 print edition of Automotive News:
Tag: Mitsubishi Motors
Mitsubishi Update
By: Diane Benjamin 60 day notices have been sent to employees – official termination date is November 30th for most employees. The contract and any termination payments are still not decided.
Reuters: No buyer for Mitsubishi
“Japan’s Mitsubishi Motors Corp has started preparing for the closure of its sole U.S. factory after failing to find a buyer for the high-cost auto plant, the Nikkei business daily reported on Saturday.” Read more: http://www.reuters.com/article/2015/09/19/us-mitsubishimotors-usa-idUSKCN0RJ03420150919 Wonder how that task force is doing?
Replacing Mitsubishi
By: Diane Benjamin According to an interview on WGLT, the chances of finding a buyer for the Mitsubishi Auto plant aren’t good. Paul Eisenstein, of the Detroit bureau-dot-com, said dozens of plants have closed in the US in the last decade, most have been torn down. Cleanup will cost millions. New plants are built away […]
This one isn’t good
Update here: http://blnnews.com/2015/07/24/from-inside-Mitsubishi/ By: Diane Benjamin http://www.reuters.com/article/2015/07/23/mitsubishimotors-usa-production-idUSL1N1032YM20150723 More on Mitsubishi: (Reuters) – Mitsubishi Motors Corp , faced with declining U.S. demand and an expiring union contract at its only plant in North America, declined to comment Thursday on a report that it planned to end auto production in this country. Japan’s Nikkei news service said […]
Will they stay or will they go?
By: Diane Benjamin Another tip from a reader: No, this time it’s not about State Farm leaving. Think Mitsubishi Motors. See this link titled: Mitsubishi Plant Fate Could Be Decided This Year (http://tinyurl.com/ohsn7j8) The article contains a lot of information the local media has failed to notice. The plant is extremely underutilized. Either Mitsubishi will […]