English | 简体中文 | 繁體中文 | 한국어 | 日本語
Friday, 19 May 2017, 14:50 HKT/SGT
Share:
    

Source: Mitsubishi Motors
Mitsubishi Motors: China Joint-venture Reaches 5,000,000 Engines Produced

TOKYO, May 19, 2017 - (JCN Newswire) - Mitsubishi Motors Corporation (MMC) announced today that cumulative engine production reached five million units at Shenyang Aerospace Mitsubishi Motors Engine Manufacturing Co., Ltd. (SAME), MMC's engine joint-venture in Shenyang, China.

SAME was established in August 1997 and started production in 1998. Supplying engines to Mitsubishi Motors brand as well as several Chinese automakers in the expanding auto market in China, cumulative production at the company reached three million units in 2014 and four million units in 2016.

MMC President, CEO Osamu Masuko attended the commemoration ceremony and stated: "Mitsubishi Motors is very proud of achieving this milestone, having produced five million engines, at China's leading engine supplier, Shenyang Aerospace Mitsubishi Motors Engine Manufacturing Co., Ltd. (SAME). This represents a 25% increase from last year and demonstrates the strong growth in the passenger car segment. That gives us great confidence in the future of SAME, and Mitsubishi Motors is excited to be able to contribute to the continued development of the Chinese automotive industry."

SAME started production of the 4A9 engine in June 2009. Used to power small cars, this low displacement and lightweight unit incorporates MMC's eco-friendly MIVEC (Mitsubishi Innovative Valve Timing Electronic Control) variable valve timing mechanism. SAME sold 750,000 units of engines in 2016. SAME also have launched the production of 4K2 series as the successor to the 4G6 engine, expanding its business to support the market demands with high-quality products in timely manner.

SAME is currently focusing on strengthening its product lineup and improving environmental performance in order to meet the diversifying needs of the Chinese market as it continues to contribute to the growth and development of the Chinese auto industry.

Outline of Shenyang Aerospace Mitsubishi Motors Engine Manufacturing Co., Ltd.

Headquarters: Shenyang, Liaoning province
Established: August 1997 (started production in August 1998)
Major shareholders:
China Aerospace Automotive Industry Group Co. - 30%
Mitsubishi Motors Corporation - 25%
Shenyang Jianhua Motors Engine Co., Ltd. - 21%
MCIC Holdings Sdn. Bhd. - 14.7%
Mitsubishi Corporation - 9.3%
Production lines: 4G6 engine (2.0L, 2.4L), 4A9 engine (1.3L, 1.5L, 1.6L), 4K2 engine (1.8L, 2.0L, 2.4L)
Production volume: 748,353 units (CY2016)

About Mitsubishi Motors

Mitsubishi Motors Corporation is the fifth largest automaker in Japan and the fifteenth largest in the world by global unit sales. It is part of the Mitsubishi keiretsu, formerly the biggest industrial group in Japan, and was formed in 1970 from the automotive division of Mitsubishi Heavy Industries.

Throughout its history it has courted alliances with foreign partners, a strategy pioneered by their first president Tomio Kubo to encourage expansion, and continued by his successors. A significant stake was sold to Chrysler Corporation in 1971 which it held for 22 years, while DaimlerChrysler was a controlling shareholder between 2000 and 2005. Long term joint manufacturing and technology licencing deals with the Hyundai Motor Company in South Korea and Proton in Malaysia were also forged, while in Europe the company co-owned the largest automobile manufacturing plant in the Netherlands with Volvo for ten years in the 1990s, before taking sole ownership in 2001.

Contact:
Mitsubishi Motors
Public Relations Department
http://www.mitsubishi-motors.com 
+81-3-6852-4275


Source: Mitsubishi Motors

Topic: Press release summary
Sectors: Automotive
http://www.acnnewswire.com
From the Asia Corporate News Network


Copyright © 2017 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.

 

Mitsubishi Motors Releated News
July 20, 2017 13:50 HKT/SGT
三菱自、ミッドサイズSUV「アウトランダー」の特別仕様車「ACTIVE GEAR」を発売
July 19, 2017 15:30 HKT/SGT
三菱自、「2017年 小学生自動車相談室」を開設
July 18, 2017 12:59 HKT/SGT
Mitsubishi Motors to Globally Unveil Small Crossover MPV at Indonesia International Auto Show 2017
July 18, 2017 12:20 HKT/SGT
三菱自、2017年インドネシア国際オートショーで小型クロスオーバーMPVを世界初披露
July 13, 2017 16:00 HKT/SGT
三菱自、「岡山県高梁川の恵みと賜物展」を開催
July 12, 2017 14:10 HKT/SGT
三菱自、人事異動を発表
June 30, 2017 09:20 HKT/SGT
Mitsubishi Motors Announces Production, Sales and Export Figures For May 2017
June 29, 2017 14:00 HKT/SGT
三菱自、フィリピン共和国環境天然資源省に「アウトランダーPHEV」「i-MiEV」10台を提供
June 29, 2017 13:40 HKT/SGT
三菱自、2017年5月度 生産・販売・輸出実績を発表
June 29, 2017 13:09 HKT/SGT
Mitsubishi Motors Delivers Outlander PHEV and i-MiEV to Department of Environment and Natural Resources in the Philippines
More news >>
Copyright © 2017 ACN Newswire - Asia Corporate News Network
Home | About us | Services | Partners | Events | Login | Contact us | Privacy Policy | Terms of Use | RSS
US: +1 800 291 0906 | Beijing: +86 10 8405 3688 | Hong Kong: +852 2217 2912 | Singapore: +65 6304 8926 | Tokyo: +81 3 5791 1818

Connect With us: