2020-08-20 15:52
Automotive
Alex Lowe

Mitsubishi is going to be leaving the UK and Europe

Mitsubishi is going to be leaving the UK and Europe

Last month, Mitsubishi announced plans that it will no longer be launching new vehicles anymore here in the UK and the rest of Europe, due to overall profitability of operating.

The pullout will not be overnight and Mitsubishi will still sell the existing models, including the newly updated L200 pickup and the Outlander PHEV hybrid SUV – those models will be still sold until they don’t meet the emissions regulations, which are forever getting stricter.

The Mitsubishi Motor Corporation said that the current profit levels in Europe and the UK are at the lowest it has ever been and the company has had no choice but to reduce costs and that means pulling out of markets not performing as well.

The Mitsubishi Motor Corporation had a loss of £1.3 billion in Q1 2020.

Alex Lowe

Mitsubishi is going to be leaving the UK and Europe

Alex Lowe is the owner and editor of the interface and started the website in 2013. He publishes the majority of the content on the website, hosts the three podcasts and the runs the YouTube channels. Alex has a professional background in computer networking, FWA and WiFi.

Other Posts

Volkswagen reveals all new Amarok pickup truck, on sale later this year
New Amarok pickup from VW launches, will go on sale later in 2022
Chery Tiggo 7
Chery Tiggo 7 due in the UK soon, prices from £24,995
Medium sized crossover due in the UK soon from Omoda parent company, Chery
XPeng G6
XPeng G6 now on sale in the UK for under £40,000
Chinese brand XPeng enters the UK market with Tesla Model Y rival, priced at under £40,000
Renault refreshes the Kangoo EV van, with updated design and lower prices
Renault Kangoo E-Tech is now cheaper, from £34,075 and more safety kit now comes as standard