Mitsubishi boosts output

Mitsubishi boosts output

TOKYO (AFP): Japan's Mitsubishi Motors Corp. said it was considering upgrading its plants in the Philippines and Thailand to meet rising demand there.

Mitsubishi is considering raising its capacity in the Philippines to up to 57,500 units a year from the current annual output of 37,500 units at a cost of up to 500 million yen (five million dollars), company officials said.

In Thailand, the company intends to invest four billion yen to expand its production of one-ton pickup trucks to 60,000 units a year from the current 34,000 units.