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Mitsubishi eyes car production in Myanmar

Automaker focuses on ASEAN while scaling back Europe operations

Traffic is seen behind a pedestrian bridge in downtown Yangon. Mitsubishi Motors is leaning toward assembling cars in Myanmar as part of its Southeast Asia strategy.   © Reuters

TOKYO -- Mitsubishi Motors is considering building vehicles in Myanmar, as the Japanese automaker deepens its commitment to Southeast Asia, CEO Takao Kato told Nikkei, charting a way forward in a market battered by the coronavirus pandemic.

Kato said his company hopes to "collaborate" with Mitsubishi Corp., the trading house that owns a 20% stake in the automaker and is well-versed in the local market. Details, such as the timing and the form of the business, have yet to be decided.

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