Mitsubishi Motors yesterday signed a memorandum of understanding (MoU) to conduct a feasibility study on establishing a production unit in Bangladesh by 2025 as the Japanese multinational automotive manufacturer looks to expand its footprint in South Asia. This deal, which government officials have dubbed a big step
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Mitsubishi to make Mirage cars in Bangladesh
Plans to invest Tk 400cr Japan’s Mitsubishi Motors Corporation plans to set up a manufacturing unit in Bangladesh to produce sedan cars for the local market. The company will set up the unit under a public-private partnership (PPP), with an initial investment of Tk 400 crore, Masahiko Ueki, Mitsubishi’s corporate general manager, said yesterday during
Rangs, Mitsubishi launch fuel-efficient Mirage
Rangs Ltd yesterday launched Mitsubishi Motors’ latest compact, fuel-efficient vehicle to cater to the growing middle-class. Called the Mirage, the compact car has premium fuel efficiency and low carbon dioxide emission. “This is our global strategic car, as it meets the needs of emerging countries as an