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(update) GAC-Mitsubishi Motor sales fall short of expected "temporary" suspension of production, and personnel structure will be optimized.

2025-03-01 Update From: SLTechnology News&Howtos shulou NAV: SLTechnology News&Howtos > IT Information >

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Shulou(Shulou.com)11/24 Report--

Thanks to CTOnews.com netizens Daniel Wu in South China and Xiqiao for the delivery of clues about the past! Update: GAC GROUP responded to the understanding car emperor: "at present, the shareholders of GAC-Mitsubishi (including GAC GROUP, Mitsubishi Automotive Industry, Mitsubishi Corporation) are doing their best to promote the bail-out and transformation of enterprises. GAC-Mitsubishi will optimize its personnel structure in accordance with the rules and regulations according to the actual situation, and try its best to protect the legitimate rights and interests of employees." In addition, according to people close to GAC GROUP: "the statement of major layoffs is wrong."

CTOnews.com news on July 13, July 12, GAC-Mitsubishi Automobile Co., Ltd. issued a "letter to all employees of GAC-Mitsubishi".

GAC-Mitsubishi "looks to the future and must make a decision to push forward the company's reform," the letter said. Affected by the market transformation, the current sales of the company's products are far from reaching expectations, and the operation is in trouble. The company's management and stock Dongfang "after careful discussion" have officially entered the stage of "temporary suspension of production" in June.

At the same time, GAC-Mitsubishi called it "promoting the work in an orderly and stable manner and laying the foundation for the sustainable development of the enterprise". It needs to optimize the personnel structure according to the actual situation, and announce the employee placement plan on the same day, saying that it will ensure that the legitimate demands of employees are fully communicated and reasonably resolved, and do their best to ensure that the legitimate rights and interests of employees are protected in accordance with the law. However, as of press time, the specific staff placement plan has not been made public.

CTOnews.com had previously reported that Mitsubishi Motors had announced that it would stop production of new cars in China between March and May this year due to the low sales of fuel vehicles in China due to the popularity of electric vehicles. Now, Mitsubishi Motors production suspension time has been extended to six months later, and the date of resumption of production has not yet been set.

Mitsubishi Motors currently produces SUV models such as Outlander at a factory in Hunan, a joint venture between Mitsubishi and GAC. However, Mitsubishi sold about 31800 cars in China in fiscal year 2022, halving from the previous year.

Mitsubishi Motors has planned to invest 1.4 trillion yen (currently about 70.56 billion yuan) in R & D and production of electric vehicles (EV) and hybrid electric vehicles (HV) by fiscal year 2030, in response to increasing competitive pressure from Chinese and European manufacturers in this sector.

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