There can be no u-turn of Mitsubishi Motors within the UK’s resolution to transition away from new automotive gross sales, regardless of reviews which recommend the Japanese carmaker might assessment its resolution to withdraw from Europe.
Talking to AM this afternoon a spokesman for the model’s UK operation mentioned that there can be “no change” to its present plan to cease trading as a new car sales franchise and transition to aftersales-only by the tip of 2021.
“Our plans aren’t about to alter,” he insisted. Mitsubishi isn’t creating any extra new automobiles for Europe and that’s a truth.”
The feedback come after a report by the Financial Times newspaper this afternoon (February 23) claimed that Mitsubishi Motors might be set to make a u-turn on its resolution withdraw from Europe, in keeping with reviews.
The FT claimed that the Japanese model will contemplate the transfer at a board assembly on Thursday (February 25), lower than a 12 months after its UK importer, the Colt Automotive Firm, knowledgeable franchisees of its withdrawal from the UK.
It mentioned that the change of method got here in response to stress from Alliance companions Renault and Nissan and would end in new Mitsubishi automobiles being constructed, by Renault, in France.
The FT mentioned: “The choice to have Renault produce Mitsubishi automobiles at its French factories in a producing deal, if finalised, would drive the Japanese firm to justify the U-turn — and face down accusations it yielded to a Renault marketing campaign to guard French jobs.”
The Alliance coalition is held collectively by Renault’s 43% stake in Nissan which, in flip, owns 34% of Mitsubishi.
The FT reported that the French authorities’s 15% stake in Renault has fed longstanding fears on the two Japanese carmakers that alliance technique can be closely influenced by French industrial politics.
Mitsubishi’s UK automotive retail community has been adapting to the transfer away from new automobile gross sales for nearly a 12 months, with some franchisees selecting to shut their dealerships forward of time after the “shock” news of the brand’s withdrawal final 12 months.
Talking to AM, the model spokesman mentioned that the model nonetheless has a community of 100 new automotive gross sales places and 107 accepted aftersales websites, nonetheless.
He added: “Aftersales was all the time the primary revenue driver for the community and the ere stays 400,000 Mitsubishi automobiles on UK roads. That is still a big enterprise proposition in itself.”