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Industry: Email Alert RSS FeedD/C China plans hinge on partner; But Mitsubishi is not committed beyond the Outlander SUV.(News)
Automotive News Europe, May, 2004 by Webb, Alysha
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Byline: Alysha Webb
Despite Daimler-Chrysler's rift with Mitsubishi, the German automaker's expansion plans in China will depend heavily on its struggling partner.
After years of low volumes and losses, Beijing Jeep Corp. - a joint venture launched two decades ago by the former Chrysler Corp. - finally is making money, thanks to strong sales of Mitsubishi models.
The popular Mitsubishi Outlander has helped Beijing Jeep claim first place in China's SUV market.
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Beijing Jeep's first-quarter sales soared 339 percent from a year earlier to 7,700 units. The Outlander, ...
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