Mitsubishi Motors Cumulative Production Reaches One Million Units in Indonesia
TOKYO, Dec 20, 2024 - (JCN Newswire via SeaPRwire.com) - Mitsubishi Motors Corporation (hereafter, Mitsubishi Motors) is pleased to announce that PT Mitsubishi Motors Krama Yudha Indonesia (hereafter, MMKI), its production hub in Indonesia, has reached a cumulative total production of one million vehicles. A ceremony was held at the site today to commemorate this achievement.The ceremony was attended by Vice Minister of Industry Faisol Riza from the Indonesian government, Yasushi Masaki, Ambassador Extraordinary and Plenipotentiary of Japan to the Republic of Indonesia, Takao Kato, President and Chief Executive Officer of Mitsubishi Motors, suppliers, and other partner companies.At the ceremony, Takao Kato, President and Chief Executive Officer said, "Thanks to the support of Indonesia's government, our suppliers, and our partner companies, our Indonesian production hub has become a major pillar of our company's business." He continued, "The vehicles produced here are sold throughout Indonesia, and some are exported to other countries, including ASEAN countries, so this facility plays an important role as a key ASEAN production site. We will continue to roll out highly appealing products and contribute to the further development of the Indonesian economy."The production hub, located in the GIIC Industrial Estate in Indonesia's Bekasi Regency, is a joint manufacturing company established by Mitsubishi Motors, Mitsubishi Corporation, and local partner PT Krama Yudha. It began production in April 2017 with an annual production capacity of 160,000 vehicles. In fiscal year 2019, that production capacity was raised to 220,000 vehicles, and the vehicles produced by the company are now exported to roughly 50 countries.History of MMKIFY2017 - Began production of Pajero Sport (April) and Xpander (September)FY2018 - Began exporting of Xpander (April) and production of Colt L300 (May)FY2019 - Began production of Xpander Cross (November)FY2023 - Began production of Xforce (October) and Minicab EV (December)Began exporting of Xforce (February)FY2024 - Reached one million in cumulative vehicle production (October)Factory Overview (MMKI)LocationBekasi Regency, West Java Province, Republic of Indonesia(Located 37 km east of Jakarta)RepresentativePresident Director Minoru SaitoShareholdersMitsubishi Motors Corporation, 51%; Mitsubishi Corporation, 40%;PT Krama Yudha, 9%Start of productionApril 2017Production capacity220,000 vehicles/yearSite area30 hectaresEmployeesApproximately 3,500 (as of end of September 2024)Models producedPajero Sport, Xpander, Xpander Cross,Colt L300, Xforce, Minicab EV (L100 EV in Indonesia)About Mitsubishi MotorsMitsubishi Motors Corporation (TSE:7211) — a member of the Alliance with Renault and Nissan — is a global automobile company based in Tokyo, Japan, which has about 28,000 employees and a global footprint with production facilities in Japan and the ASEAN region. Mitsubishi Motors has a competitive edge in SUVs, pickup trucks and plug-in hybrid electric vehicles, and appeals to ambitious drivers willing to challenge convention and embrace innovation. Since the production of our first vehicle more than a century ago, Mitsubishi Motors has been a leader in electrification — launched the i-MiEV, the world’s first mass-produced electric vehicle in 2009, followed by the Outlander PHEV, the world’s first plug-in hybrid electric SUV in 2013. With a target of increasing the sales ratio of electrified vehicles to 100% by 2035, Mitsubishi Motors will deliver models that embody Mitsubishi Motors-ness and contribute to the realization of a carbon-neutral society.For more information on Mitsubishi Motors, please visit the company's website at www.mitsubishi-motors.com/en/ Copyright 2024 JCN Newswire via SeaPRwire.com.
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