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For the fiscal year ending March 2021, Mitsubishi anticipates an operating loss of 140 billion yen ($1.33 billion). The second year of losses in a row, and possibly the worst in "at least 18 years".
As a result they're closing its Pajero Manufacturing Co., Ltd. plant in Japan and i n Europe, Mitsubishi will freeze the introduction of new models (including the new Outlander), but will still be selling its existing lineup and provide after-sales and service.
The big question now becomes, does this affect the new Outlander? If so, how bad will it be?
"Announcement of Freeze of Introduction of New Models to European Market
Mitsubishi Motors Corporation, at its July 27, 2020 board of directors meeting, resolved to freeze the introduction of new models to the European market.
Sales of existing models will continue.
Additionally, after-sales and services will continue, for customers who prefer to use Mitsubishi products."
insideevs.com
As a result they're closing its Pajero Manufacturing Co., Ltd. plant in Japan and i n Europe, Mitsubishi will freeze the introduction of new models (including the new Outlander), but will still be selling its existing lineup and provide after-sales and service.
The big question now becomes, does this affect the new Outlander? If so, how bad will it be?
"Announcement of Freeze of Introduction of New Models to European Market
Mitsubishi Motors Corporation, at its July 27, 2020 board of directors meeting, resolved to freeze the introduction of new models to the European market.
Sales of existing models will continue.
Additionally, after-sales and services will continue, for customers who prefer to use Mitsubishi products."

Mitsubishi Is In Trouble, Freezes New Car Launches In Europe
Mitsubishi (part of the Renault-Nissan-Mitsubishi Alliance) announced bad news on July 27, 2020 starting with a very bad financial report.
